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Newport 02878
63 Mark Dr.
$365,000
● House - Off Market

63 Mark Dr.

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,688 Ft²
$552,476
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Single level living in the desirable Pond View Estates neighborhood. As soon as you walk in you'll know you're home. This impeccably cared for home offers 3 bedrooms and 2 full baths. Completely remodeled kitchen with stainless steel appliances with double oven, quartz counter-tops and washer dryer hook up on main level. Beautiful sun room with cathedral ceiling, sky lights and pellet stove. Partially finished basement on almost an acre of land. Look out your back yard towards open farmland, a manicured lawn with shade trees and a patio perfect for entertaining. Located close to beaches, all major highways, shopping and restaurants. Don't miss this opportunity.
Unit Size
1,688 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$222
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1989

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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 #72478065)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Sep 1, 2021 Sold
Premium
Sold
May 29, 2019 Sold
Premium
Sold
Apr 6, 2019 Listed by RE/MAX Right Choice $374,500
Listed by RE/MAX Right Choice
May 4, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,352
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 31,276
  • Total Building Area: 1,688
  • Gross Building Area: 3,636
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000718
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041701

Zoning

  • Zoning: R60

Geography

  • Parcel: TIVE M:212 B:140
  • Block: 140
  • Municipality: TIVERTON
  • Latitude: 41.6399
  • Longitude: -71.1481

    Address

  • Full Address: 63 Mark Dr
  • Address - House Number: 63
  • Address - Street Name: Mark
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R001
  • 4-Digit Zip Code: 3104
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $513,200

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 527,646
  • High Value: 638,147
  • Low Value: 417,146

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,400
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $269,400

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 430
  • Previous Sale Recording Date: Sep 01, 2021
  • Previous Sale Contract Date: Aug 31, 2021
  • Previous Sale Amount: $435,000
  • 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:

$554,450

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

65

Average Home Size

2714 ft²

Average Home Age

53.7 years

Currently For Sale

21 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# 72478065

Frequently Asked Questions

When was property at 63 Mark Drive built and last sold?
The property at 63 Mark Drive was built in 1989 and last sold on Feb 29, 2024 for $540,000.
How much is this home worth?
The estimated value of the home located at 63 Mark Drive is $390,380.
What are some comparable homes to 63 Mark Drive?
There are currently no comparable homes to 63 Mark Drive.
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