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Providence 02904 Charles
47 Mendon St
$300,000
● House - Off Market

47 Mendon St

Providence, RI 02904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,612 Ft²
$460,593
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

New construction!!Must see this beautiful 3 bed,2 1/2 bath Colonial located on a 5000sqft corner lot and on a dead end street!!Front porch,family room,living room,1/2 bath,dining area with sliders to rear deck,eat in kitchen with breakfast bar,granite counters,stainless steel appliances on 1st level,3 beds,full bath,master bedroom with master bath on 2nd level and partially finished basement with rec room,full bath,laundry,storage and walk out.Gas heat,central air,hardwoods,tile,carpets,200 amp circuit breakers. Taxes do not reflect the homestead!!
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$195
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 5 months ago (MLSPIN #72570115)

Price History

Date / Event Date Event Price
Dec 18, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Mateus Realty $314,900
Listed by Mateus Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 806
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,612
  • Gross Building Area: 2,698
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 002900

Zoning

  • Zoning: R-2

Geography

  • Account Number: 45466
  • Parcel: PROV M:97 L:964
  • Lot: 964
  • Municipality: PROVIDENCE
  • Latitude: 41.8557
  • Longitude: -71.4231

    Address

  • Full Address: 47 Mendon St
  • Address - House Number: 47
  • Address - Street Name: Mendon
  • Address - Suffix Type: St
  • State: RI
  • City Name: Providence
  • Carrier Code: C060
  • 4-Digit Zip Code: 1224
  • Zip Code: 02904

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $708,300

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 75
  • Final Value: 461,865
  • High Value: 546,901
  • Low Value: 376,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,000
  • Assessed Land Value: $85,100
  • Assessed Improvements Value: $300,900

    Sales

  • Current Sale Contract Date: Dec 17, 2019
  • Current Sale Recording Date: Dec 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019245010
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Charles

Stats & Trends

Median Asking:

$602,450

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1279 ft²

Average Home Age

1 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72570115

Frequently Asked Questions

When was property at 47 Mendon Street built and last sold?
The property at 47 Mendon Street was built in 2018 and last sold on Dec 17, 2019 for $300,000.
How much is this home worth?
The estimated value of the home located at 47 Mendon Street is $317,458.
What are some comparable homes to 47 Mendon Street?
There are currently no comparable homes to 47 Mendon Street.
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