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Tiverton 02878
475 Hooper Street
$292,500
● House - Off Market

475 Hooper Street

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,270 Ft²
$343,761
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Cute Victorian cottage conveniently located right on the RI & MA line. Special features include open living room and dining area with pellet stove, updated eat-in kitchen with granite counters and stainless steel appliances, new rear deck overlooking a large yard with above-ground pool and an oversized driveway. Ready to move right in!
Unit Size
1,270 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$259
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #73063554)

Price History

Date / Event Date Event Price
Feb 10, 2023 Sold
Premium
Sold
Jan 30, 2023 In contract -
In contract
Dec 7, 2022 Listed by Keller Williams Coastal $329,000
Listed by Keller Williams Coastal
Feb 13, 1998 Sold
Premium
Sold
Sep 16, 1988 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 892
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,335
  • Total Building Area: 1,270
  • Gross Building Area: 3,004
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041601

Zoning

  • Zoning: R30

Geography

  • Parcel: TIVE M:102 B:261
  • Block: 261
  • Municipality: TIVERTON
  • Latitude: 41.6674
  • Longitude: -71.1782

    Address

  • Full Address: 475 Hooper St
  • Address - House Number: 475
  • Address - Street Name: Hooper
  • Address - Suffix Type: St
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1213
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,800

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 64
  • Final Value: 359,072
  • High Value: 448,408
  • Low Value: 269,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,800
  • Assessed Land Value: $89,100
  • Assessed Improvements Value: $153,700

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 278
  • Previous Sale Recording Date: Feb 13, 1998
  • Previous Sale Amount: $106,500
  • Previous Sale Document Type: 71
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 Tiverton

Stats & Trends

Median Asking:

$472,000

Sale Price/ft²

$380

Below Asking

0.03%

Average Days on Market

46

Average Home Size

2570 ft²

Average Home Age

69.8 years

Currently For Sale

5 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73063554

Frequently Asked Questions

When was property at 475 Hooper Street built and last sold?
The property at 475 Hooper Street was built in 1900 and last sold on Feb 8, 2023 for $292,500.
How much is this home worth?
The estimated value of the home located at 475 Hooper Street is $334,459.
What are some comparable homes to 475 Hooper Street?
There are currently no comparable homes to 475 Hooper Street.
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