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Pascoag 02859
54 Lakeview Rd
$325,000
● House - Off Market

54 Lakeview Rd

Burrillville, RI 02859
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,092 Ft²
$475,724
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Welcome to Lake Pascoag! You can now own one of the largest lots in this fabulous community. You have land, a massive 2 car garage, a meticulously maintained home and water views! Easily convert the lower level into a 4th bedroom. You can have it all, here on Lakeview Road. Association fees for beach access are only $25/year...yes, per year! An additional $25/year can get you a dock slip, as well. Come and see this home, today! Subject to seller finding suitable housing.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$298
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1993

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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: 4 months ago (MLSPIN #72578845)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Sep 18, 2019 Listed by Keller Williams Realty $325,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • 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: 9
  • Basement Area: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,608
  • Total Building Area: 1,362
  • Gross Building Area: 3,410
  • Building Area: 1,362
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,362
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000519
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Burrillville School District
  • School Tax School District: BURRILLVILLE SD
  • Census Tract: 013001

Zoning

  • Zoning: R20

Geography

  • Account Number: 3951-76
  • Parcel: BURR M:209 L:116
  • Lot: 116
  • Municipality: BURRILLVILLE
  • Latitude: 41.9471
  • Longitude: -71.7095

    Address

  • Full Address: 54 Lakeview Rd
  • Address - House Number: 54
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Pascoag
  • Carrier Code: C002
  • 4-Digit Zip Code: 3234
  • Zip Code: 02859

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,600

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 473,039
  • High Value: 537,231
  • Low Value: 408,847

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,700
  • Assessed Land Value: $71,900
  • Assessed Improvements Value: $271,800

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57741
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 Pascoag

Stats & Trends

Median Asking:

$609,900

Sale Price/ft²

$186

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3604 ft²

Average Home Age

96 years

Currently For Sale

0 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# 72578845

Frequently Asked Questions

When was property at 54 Lakeview Road built and last sold?
The property at 54 Lakeview Road was built in 1993 and last sold on Nov 21, 2019 for $325,000.
How much is this home worth?
The estimated value of the home located at 54 Lakeview Road is $328,914.
What are some comparable homes to 54 Lakeview Road?
There are currently no comparable homes to 54 Lakeview Road.
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