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Pawtucket 02861
5 Archer Street
$245,000
● House - Off Market

5 Archer Street

Pawtucket, RI 02861
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,250 Ft²
$324,296
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Charming cape on corner lot in move in condition! Features 6 year old roof, 2 year old water heater and Andersen replacement windows! Hardwoods on first floor, gorgeous fully applianced kitchen and bonus rooms in lower level. Two bedrooms on 1st floor (one could be utilized as dining room); two bedrooms on second floor. Large deck leading to pretty yard with shed. First showings Thursday 6/11. Call now to schedule-this won't last!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$192
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (MLSPIN #72672224)

Price History

Date / Event Date Event Price
Sep 16, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by RE/MAX Town & Country $239,900
Listed by RE/MAX Town & Country

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,154
  • Total Building Area: 1,050
  • Gross Building Area: 2,446
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pawtucket School District
  • School Tax School District: PAWTUCKET SD
  • Census Tract: 015700

Zoning

  • Zoning: RS

Geography

  • Account Number: 20646
  • Parcel: PAWT M:02 L:0646
  • Lot: 646
  • Municipality: PAWTUCKET
  • Latitude: 41.8957
  • Longitude: -71.3472

    Address

  • Full Address: 5 Archer St
  • Address - House Number: 5
  • Address - Street Name: Archer
  • Address - Suffix Type: St
  • State: RI
  • City Name: Pawtucket
  • Carrier Code: C047
  • 4-Digit Zip Code: 1408
  • Zip Code: 02861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,400

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 347,202
  • High Value: 417,016
  • Low Value: 277,388

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,500
  • Assessed Land Value: $89,200
  • Assessed Improvements Value: $138,300

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35
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 Pawtucket

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2698 ft²

Average Home Age

86 years

Currently For Sale

11 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72672224

Frequently Asked Questions

When was property at 5 Archer Street built and last sold?
The property at 5 Archer Street was built in 1950 and last sold on Sep 16, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 5 Archer Street is $248,019.
What are some comparable homes to 5 Archer Street?
There are currently no comparable homes to 5 Archer Street.
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