47 Loring Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
| Apr 16, 2017 | Listed by RE/MAX River's Edge | $159,900 | |
| Listed by RE/MAX River's Edge | |||
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Very well maintained 2-3 bedroom East Woonsocket brick Bungalow. Updated kitchen w/ granite center island. Main level features two bedrooms, living room w/ fireplace & hardwoods. Enclosed front sun porch for reading & relaxing. Walkup second floor w/ hardwoods that could easily be a huge third bedroom. Basement family room w/ workshop area & storage. Walkup basement exits to rear yard. Updates include: Rebuilt chimney/fireplace, windows, 3 zone Weil-McLain gas boiler w/ indirect water storage, & new fencing around yard. Oversized storage shed, paved driveway, nice back yard. All appliances remain. Come take a look!
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| Dec 7, 2016 | Sold | ||
| Sold | |||
| Aug 29, 2016 | Listed by Exit Realty Pinnacle | $159,000 | |
| Listed by Exit Realty Pinnacle | |||
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