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Newport
56 Maple Ave
$925,000
● House - Off Market

56 Maple Ave

Little Compton, MA 02837
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,989 Ft²
$5,192
Est. Monthly

About This Property

This Historical residence, built in 1840, has great charm throughout the property. The lot is sectioned off with great stone walls and mature trees.  Original plank flooring in some of the rooms with oak flooring in others.   First floor shows a very sunny eat in kitchen with plenty of windows and access to the back yard.  A heated sunroom can be accessed from the front with a patio outside.  Nice fireplace in the  den with built-ins, large formal dining room with sliders to the backyard and deck, first floor bedroom ensuite has a large full bath,  laundry/mud room also on the first floor with outdoor access.   The second floor has a guest room with a half bath and a great sized primary suite with many built-in drawers, a walk-in closet and full bath
Unit Size
1,989 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$503
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1840

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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 #73291169)

Price History

Date / Event Date Event Price
Jan 17, 2025 Sold
Premium
Sold
Nov 21, 2024 In contract -
In contract
Sep 17, 2024 Listed by Milbury and Company $999,500
Listed by Milbury and Company
Nov 13, 2018 Sold
Premium
Sold
Oct 5, 2018 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1840
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 7
  • Basement Area: 1,080
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,704
  • Total Building Area: 1,989
  • Gross Building Area: 3,741
  • Building Area: 1,989
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Little Compton School District
  • School Tax School District: LITTLE CMPTN SD
  • Census Tract: 041400

Geography

  • Account Number: 12-0295-00
  • Parcel: LCOM M:30 L:51
  • Lot: 51
  • Municipality: LITTLE COMPTON
  • Latitude: 41.5075
  • Longitude: -71.1573

    Address

  • Full Address: 56 Maple Ave
  • Address - House Number: 56
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Little Compton
  • Zip Code: 02837

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,500

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 69
  • Final Value: 1,124,682
  • High Value: 1,373,102
  • Low Value: 876,262

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $670,400
  • Assessed Land Value: $176,900
  • Assessed Improvements Value: $493,500

    Sales

  • Current Sale Contract Date: Nov 13, 2018
  • Current Sale Recording Date: Nov 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Newport

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2624 ft²

Average Home Age

59 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 73291169

Frequently Asked Questions

When was property at 56 Maple Avenue built and last sold?
The property at 56 Maple Avenue was built in 1840 and last sold on Nov 13, 2018 for $540,000.
How much is this home worth?
The estimated value of the home located at 56 Maple Avenue is $963,595.
What are some comparable homes to 56 Maple Avenue?
There are currently no comparable homes to 56 Maple Avenue.
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