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Tiverton 02878
49 Dewey Ave
$365,000
● House - Off Market

49 Dewey Ave

Tiverton, RI 02878
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,216 Ft²
$380,537
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

North Tiverton Gem!  This 2 bedroom, 1 1/2 bath Gambrell has gone through several upgrades.  Including a new kitchen, half bath and much more. Large Livingroom features a fireplace and original hard floors throughout.  Property features decent yard, off-street parking and a patio.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$312
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1940

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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 #73076555)

Price History

Date / Event Date Event Price
Jun 15, 2023 Sold
Premium
Sold
Apr 8, 2023 In contract -
In contract
Feb 5, 2023 Listed by KAM Realty $379,900
Listed by KAM Realty
Nov 16, 2015 Sold
Premium
Sold
Feb 27, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 640
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,216
  • Gross Building Area: 2,168
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 041602

Zoning

  • Zoning: R40

Geography

  • Parcel: TIVE M:117 B:111
  • Block: 111
  • Municipality: TIVERTON
  • Latitude: 41.653
  • Longitude: -71.2016

    Address

  • Full Address: 49 Dewey Ave
  • Address - House Number: 49
  • Address - Street Name: Dewey
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C007
  • 4-Digit Zip Code: 2005
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0935
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 91
  • Final Value: 376,656
  • High Value: 411,882
  • Low Value: 341,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,300
  • Assessed Land Value: $115,100
  • Assessed Improvements Value: $112,200

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1252
  • Previous Sale Recording Date: Nov 16, 2015
  • Previous Sale Amount: $115,000
  • 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# 73076555

Frequently Asked Questions

When was property at 49 Dewey Avenue built and last sold?
The property at 49 Dewey Avenue was built in 1940 and last sold on Jun 14, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 49 Dewey Avenue is $383,901.
What are some comparable homes to 49 Dewey Avenue?
There are currently no comparable homes to 49 Dewey Avenue.
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