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Tiverton 02878
63 Robert Gray
$350,000
● House - Off Market

63 Robert Gray

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$391,467
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Seller Offering Interest Rate Buy Down, listing agent can provide details! This 1216 sq. ft.  home offers single level living with an open floor plan, generous  kitchen/dining living area and 3 nice sized bedrooms. Current owners have done many updates, replacing flooring and light fixtures in most rooms. Some bathroom updates have been completed and the solid wood cabinetry in kitchen was given a refresh with cream colored paint. They've widened driveway area for additional parking to include space for boat or camper storage and heated the oversized one car garage, they also brought hot and cold water to it, creating fantastic workshop space!  Septic was replaced in their ownership and oil tank is also newer, portable generator for peace of mind remains.  Come see if this is the one you've been waiting for!
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$303
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1954

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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 #73039823)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Nov 21, 2022 In contract -
In contract
Sep 22, 2022 Listed by Hearth & Harbor Realty $369,000
Listed by Hearth & Harbor Realty
Jan 31, 2020 Sold
Premium
Sold
Mar 27, 2009 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,216
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Total Building Area: 1,216
  • Gross Building Area: 2,808
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 041602

Zoning

  • Zoning: R30

Geography

  • Parcel: TIVE M:116 B:261
  • Block: 261
  • Municipality: TIVERTON
  • Latitude: 41.6577
  • Longitude: -71.1952

    Address

  • Full Address: 63 Robert Gray Ave
  • Address - House Number: 63
  • Address - Street Name: Robert Gray
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Tiverton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1822
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,600

    Appraisal Valuation

  • Standard Deviation: 0.0937
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 91
  • Final Value: 366,074
  • High Value: 400,382
  • Low Value: 331,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,500
  • Assessed Land Value: $104,400
  • Assessed Improvements Value: $157,100

    Sales

  • Current Sale Contract Date: Dec 27, 2022
  • Current Sale Recording Date: Dec 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3675
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $265,000
  • 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 Tiverton

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$357

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2607 ft²

Average Home Age

82 years

Currently For Sale

5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73039823

Frequently Asked Questions

When was property at 63 Robert Gray Avenue built and last sold?
The property at 63 Robert Gray Avenue was built in 1954 and last sold on Dec 27, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 63 Robert Gray Avenue is $376,068.
What are some comparable homes to 63 Robert Gray Avenue?
There are currently no comparable homes to 63 Robert Gray Avenue.
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