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Washington
5 South County Trail
$282,000
● House - Off Market

5 South County Trail

Exeter, RI 02822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,260 Ft²
$224,386
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

*PRICED BELOW ASSESSMENT* Sitting on the Exeter/North Kingstown line, this 3 bed, 2 bath cape-style home has newer roof and heating system, vinyl replacement windows, detached garage with electric door-opener, solid bones, and so much potential with easy access to highway, shopping and minutes away from URI, North Kingstown Beach and historical Wickford Village. Fully-dormered second floor offers ample-sized bedrooms with full bath, first floor feature's a large fire-placed living room, formal dining room, kitchen and full bath. RU-3 zoning allows for some home-based business applications including signage. Estate Sale – Limited Information Available. Due to condition of property NO FHA/VA/GOVERNMENT FINANCING – CASH/CONVENTIONAL FINANCING ONLY. Subject to Probate Approval (Probate in Process).
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$179
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #73119231)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 12, 2023 In contract -
In contract
Jun 1, 2023 Listed by Keller Williams Realty Leading Edge $225,000
Listed by Keller Williams Realty Leading Edge

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 4
  • 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: 9
  • Basement Area: 720
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,260
  • Gross Building Area: 3,126
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Kingstown School District
  • School Tax School District: EXETER-WGRNWCH
  • Census Tract: 050500

Zoning

  • Zoning: RU-3

Geography

  • Account Number: 1-0535-01
  • Parcel: EXET M:0063 B:0002 L:0008
  • Block: 2
  • Lot: 8
  • Municipality: EXETER
  • Latitude: 41.556
  • Longitude: -71.5204

    Address

  • Full Address: 5 S County Trl
  • Address - House Number: 5
  • Street Direction: S
  • Address - Street Name: County
  • Address - Suffix Type: Trl
  • State: RI
  • City Name: Exeter
  • Carrier Code: R006
  • 4-Digit Zip Code: 3801
  • Zip Code: 02822

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 418,792
  • High Value: 503,293
  • Low Value: 334,291

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,100
  • Assessed Land Value: $128,400
  • Assessed Improvements Value: $123,700

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 539
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 Washington

Stats & Trends

Median Asking:

$1,070,000

Sale Price/ft²

$395

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1456 ft²

Average Home Age

60.3 years

Currently For Sale

4 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: 4 months ago
Data Source: MLS PIN, MLS# 73119231

Frequently Asked Questions

When was property at 5 South County Trail built and last sold?
The property at 5 South County Trail was built in 1948 and last sold on Jul 19, 2023 for $282,000.
How much is this home worth?
The estimated value of the home located at 5 South County Trail is $274,689.
What are some comparable homes to 5 South County Trail?
There are currently no comparable homes to 5 South County Trail.
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