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Woonsocket 02895
573 Park Ave
Photo of 573 Park Ave
Sold on Jan 25, 2010

1

Map

$125,000
● House - Off Market

573 Park Ave

Woonsocket, RI 02895
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,244 Ft²
$325,764
RealtyHop Estimate
117.18%
Since Feb 1, 2010
National-US
Primary Model

About This Property

New carpet installed on the first and second floor.   Remarks Sold as is.  Any and all offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement. Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller: All cash offers are eligible for an expedited closing pending clear title and /or hazaed claim resolutionof approximatley 15 business days
Unit Size
2,244 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$67
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1920

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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 #70968541)

Price History

Date / Event Date Event Price
Jan 26, 2010 Sold
Premium
Sold
Oct 1, 2009 Sold
Premium
Sold
Sep 1, 2009 Listed $150,000
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,436
  • Total Building Area: 2,550
  • Gross Building Area: 4,538
  • Building Area: 2,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woonsocket School District
  • School Tax School District: WOONSOCKET SD
  • Census Tract: 017600

Zoning

  • Zoning: R3

Geography

  • Account Number: 837966
  • Parcel: WOON M:16C L:310 U:1
  • Lot: 310
  • Municipality: WOONSOCKET
  • Latitude: 41.9953
  • Longitude: -71.5132

    Address

  • Full Address: 573 Park Ave
  • Address - House Number: 573
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C024
  • 4-Digit Zip Code: 5833
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,800

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 468,201
  • High Value: 546,885
  • Low Value: 389,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,200
  • Assessed Land Value: $92,100
  • Assessed Improvements Value: $251,100

    Sales

  • Current Sale Recording Date: Jan 26, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 01, 2009
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: FIX
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 Woonsocket

Stats & Trends

Median Asking:

$407,450

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2252 ft²

Average Home Age

71.9 years

Currently For Sale

18 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# 70968541

Frequently Asked Questions

When was property at 573 Park Avenue built and last sold?
The property at 573 Park Avenue was built in 1920 and last sold on Jan 1, 1970 for $125,000.
How much is this home worth?
The estimated value of the home located at 573 Park Avenue is $150,467.
What are some comparable homes to 573 Park Avenue?
There are currently no comparable homes to 573 Park Avenue.
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