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Kent 02893
53 Hoover St
$169,000
● House - Off Market

53 Hoover St

West Warwick, RI 02893
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,678 Ft²
$283,847
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Great West Warwick Raised Ranch built in 2001! This home has so much to offer... vinyl siding, off street parking, large deck, open layout with vaulted ceilings in the kitchen and living area, three bedrooms including a master with attached bath, and additional partially finished space in the lower level! All conveniently located near Phenix Ave and the Cranston line! Some renovation is needed but with your TLC this will be a fantastic home! Come take a look while it lasts!
Unit Size
1,678 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$107
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
2001

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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 #72242224)

Price History

Date / Event Date Event Price
May 3, 2018 Sold
Premium
Sold
Jan 10, 2018 Sold
Premium
Sold
Oct 12, 2017 Listed by Westcott Properties $179,900
Listed by Westcott Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1,608
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,512
  • Total Building Area: 1,078
  • Gross Building Area: 2,878
  • Building Area: 1,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,078
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Warwick School District
  • School Tax School District: WEST WARWICK PS
  • Census Tract: 020400

Zoning

  • Zoning: R-8

Geography

  • Account Number: 3-0820-00
  • Parcel: WWAR 020-0561-0-000
  • Municipality: WEST WARWICK
  • Latitude: 41.7263
  • Longitude: -71.5181

    Address

  • Full Address: 53 Hoover St
  • Address - House Number: 53
  • Address - Street Name: Hoover
  • Address - Suffix Type: St
  • State: RI
  • City Name: West Warwick
  • Carrier Code: C007
  • 4-Digit Zip Code: 2416
  • Zip Code: 02893

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,500

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 406,949
  • High Value: 479,729
  • Low Value: 334,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,500
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $240,100

    Sales

  • Current Sale Recording Date: May 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 10, 2018
  • Previous Sale Amount: $134,604
  • Previous Sale Document Type: 30
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 Kent

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$336

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2102 ft²

Average Home Age

50.5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72242224

Frequently Asked Questions

When was property at 53 Hoover Street built and last sold?
The property at 53 Hoover Street was built in 2001 and last sold on Jan 1, 1970 for $279,900.
How much is this home worth?
The estimated value of the home located at 53 Hoover Street is $206,458.
What are some comparable homes to 53 Hoover Street?
There are currently no comparable homes to 53 Hoover Street.
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