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Warwick 02888
68 Falcon Ave
$335,000
● House - Off Market

68 Falcon Ave

Warwick, RI 02888
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$1,882
Est. Monthly

About This Property

Highest & Best Due Monday November 6th by 12 pm. Be " Home for the Holidays " 2 Bedroom Home with Hardwoods, New lighting 2019,New Storm Doors 2022, NEST 2021  will Stay,  Newly Renovated Bathroom in 2022.  Beautifully Finished Lower Level for additional Space & Storage.  Huge Walk in Closet. Lovely Fenced in Rear Yard , Patio & Firepit. NEW HW Heater 2022,Composite Deck & New Walkway out front. CENTRAL AIR, Replacement Windows,  Close to Highways, Airport, Commuter Rail, Restaurants & Shops. Beautifully Updated SHED.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$277
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1950

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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 #73175921)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 6, 2023 In contract -
In contract
Nov 1, 2023 Listed by Blu Sky Real Estate $325,000
Listed by Blu Sky Real Estate
May 24, 2018 Sold
Premium
Sold
Nov 12, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 672
  • Gross Building Area: 1,392
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Warwick School District
  • School Tax School District: WARWICK PS
  • Census Tract: 021200

Zoning

  • Zoning: A7

Geography

  • Account Number: 100150452
  • Parcel: WARW M:308 B:0344 L:0000
  • Block: 344
  • Municipality: WARWICK
  • Latitude: 41.742
  • Longitude: -71.4103

    Address

  • Full Address: 68 Falcon Ave
  • Address - House Number: 68
  • Address - Street Name: Falcon
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warwick
  • Carrier Code: C010
  • 4-Digit Zip Code: 4115
  • Zip Code: 02888

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $342,700

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 320,022
  • High Value: 383,405
  • Low Value: 256,638

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,500
  • Assessed Land Value: $91,700
  • Assessed Improvements Value: $149,800

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13319
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Amount: $191,000
  • 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 Warwick

Stats & Trends

Median Asking:

$462,450

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1551 ft²

Average Home Age

131 years

Currently For Sale

4 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# 73175921

Frequently Asked Questions

When was property at 68 Falcon Avenue built and last sold?
The property at 68 Falcon Avenue was built in 1950 and last sold on Dec 15, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 68 Falcon Avenue is $336,106.
What are some comparable homes to 68 Falcon Avenue?
There are currently no comparable homes to 68 Falcon Avenue.
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