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Bristol
68 Locust Terrace
$185,000
● House - Off Market

68 Locust Terrace

Warren, RI 02885
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,350 Ft²
$312,954
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Great Opportunity to own just FEET from the water!  Being Sold "AS IS" would work best with a rehab loan or cash.  This lovely house has had many updates.  It is just waiting for someone to come in and give it a little TLC!  Newer Roof,  Above Ground Pool has newer liner (last used 2014), Propane Marble Fireplace, HUGE 1st Floor bathroom with whirlpool tub, lots of rooms.  Great unfinished space above Master Bedroom.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$79
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1920

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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 #71894839)

Price History

Date / Event Date Event Price
Jul 29, 2016 Sold
Premium
Sold
Aug 26, 2015 Listed by New World Realty $185,000
Listed by New World Realty
Nov 1, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,440
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,706
  • Total Building Area: 2,350
  • Gross Building Area: 5,259
  • Building Area: 2,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bristol-Warren Regional School District
  • School Tax School District: BRSTLWARRN RGNL
  • Census Tract: 030602

Zoning

  • Zoning: R10

Geography

  • Account Number: 4-0472-71
  • Parcel: WARR M:15C L:29
  • Lot: 29
  • Municipality: WARREN
  • Latitude: 41.7163
  • Longitude: -71.2841

    Address

  • Full Address: 68 Locust Ter
  • Address - House Number: 68
  • Address - Street Name: Locust
  • Address - Suffix Type: Ter
  • State: RI
  • City Name: Warren
  • Carrier Code: C005
  • 4-Digit Zip Code: 4106
  • Zip Code: 02885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 695,945
  • High Value: 827,980
  • Low Value: 563,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,100
  • Assessed Land Value: $174,700
  • Assessed Improvements Value: $273,400
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 Bristol

Stats & Trends

Median Asking:

$611,889

Sale Price/ft²

$387

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2844 ft²

Average Home Age

64.6 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71894839

Frequently Asked Questions

When was property at 68 Locust Terrace built and last sold?
The property at 68 Locust Terrace was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 68 Locust Terrace is $225,021.
What are some comparable homes to 68 Locust Terrace?
There are currently no comparable homes to 68 Locust Terrace.
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