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Pawtucket 02860
588 Smithfield
$500,000
● House - Off Market

588 Smithfield

Pawtucket, RI 02860
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,588 Ft²
$488,563
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

New Construction! Your dream home awaits you in desirable Fairlawn-Pawtucket. The main level features an open living room, dining room, spacious kitchen with granite counters, stainless steel appliances, and a half bath. 2nd level, large master bedroom with full bath and walk-in closet, 2 bedrooms, a full bath and laundry area, central air. One car garage, deck. The home will be completed by March 31, 2023. Pictures are the model property.
Unit Size
3,588 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #73094310)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Apr 15, 2023 In contract -
In contract
Apr 2, 2023 Listed by Century 21 Limitless $489,900
Listed by Century 21 Limitless

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,992
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000115
  • Standard Land Use Code: 8001
  • County Land Use Code: 201

Neighborhood

  • School District Name: Pawtucket School District
  • School Tax School District: PAWTUCKET SD
  • Census Tract: 015000

Geography

  • Account Number: 490965
  • Parcel: PAWT M:49 L:0965
  • Lot: 965
  • Municipality: PAWTUCKET
  • Latitude: 41.879
  • Longitude: -71.4157

    Address

  • Full Address: 588 Smithfield Ave
  • Address - House Number: 588
  • Address - Street Name: Smithfield
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Pawtucket
  • Carrier Code: C025
  • 4-Digit Zip Code: 1634
  • Zip Code: 02860

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $161,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,300
  • Assessed Land Value: $95,300

    Sales

  • Current Sale Contract Date: Jul 26, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26
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 Pawtucket

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2235 ft²

Average Home Age

95.2 years

Currently For Sale

10 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: 4 months ago
Data Source: MLS PIN, MLS# 73094310

Frequently Asked Questions

When was property at 588 Smithfield Avenue built and last sold?
The property at 588 Smithfield Avenue was built in and last sold on Jul 26, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 588 Smithfield Avenue is $524,979.
What are some comparable homes to 588 Smithfield Avenue?
There are currently no comparable homes to 588 Smithfield Avenue.
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