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Newport 02871
60 Sloop Drive
$489,000
● House - Off Market

60 Sloop Drive

Portsmouth, RI 02871
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,900 Ft²
$1,028,707
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

This new construction colonial is finished and ready for occupancy. Located in beautiful Portsmouth, RI, just minutes from Rt 24 and 195 and under a half hour from both Newport and Providence. Features custom details throughout, including crown molding, wainscoting, custom cabinets, granite counter tops, and a gas fire place. Three bedrooms and a bonus room on the second floor. Huge Master Suite with walk-in closet and jacuzzi tub. Two-car garage. Second floor laundry room.
Unit Size
2,900 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$172
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
2012

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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: 5 months ago (MLSPIN #71476609)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 19, 2021 Sold
Premium
Sold
Mar 16, 2021 In contract -
In contract
Mar 6, 2021 Listed by Keller Williams Realty Northern RI $699,000
Listed by Keller Williams Realty Northern RI
Mar 28, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,156
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,436
  • Total Building Area: 2,641
  • Gross Building Area: 4,774
  • Building Area: 2,641
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,641
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: PORTSMOUTH SD
  • Census Tract: 040101

Zoning

  • Zoning: R20

Geography

  • Parcel: PORT M:023 B:0079
  • Block: 79
  • Municipality: PORTSMOUTH
  • Latitude: 41.6219
  • Longitude: -71.2531

    Address

  • Full Address: 60 Sloop Dr
  • Address - House Number: 60
  • Address - Street Name: Sloop
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Portsmouth
  • Carrier Code: R004
  • 4-Digit Zip Code: 2925
  • Zip Code: 02871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $909,900

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 888,287
  • High Value: 1,091,314
  • Low Value: 685,261

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $712,000
  • Assessed Land Value: $199,900
  • Assessed Improvements Value: $512,100

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2106
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Amount: $517,000
  • Previous Sale Document Type: 71
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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71476609

Frequently Asked Questions

When was property at 60 Sloop Drive built and last sold?
The property at 60 Sloop Drive was built in 2012 and last sold on Apr 16, 2021 for $725,000.
How much is this home worth?
The estimated value of the home located at 60 Sloop Drive is $724,024.
What are some comparable homes to 60 Sloop Drive?
There are currently no comparable homes to 60 Sloop Drive.
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