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Bristol
7 Fairmount
Photo of 7 Fairmount
Sold on Sep 22, 2004

1

Map

$224,000
● House - Off Market

7 Fairmount

Bristol, RI 02809
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,270 Ft²
$456,961
RealtyHop Estimate
98.77%
Since Oct 1, 2004
National-US
Primary Model

About This Property

Cozy country charmer in town on park-like grounds, well-loved property with spacious bedrooms and lots of closets.  Great spot for retirees and/or first-time home buyers. This is one of a kind in the Bristol market.
Unit Size
1,270 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$181
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1950

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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 #70072007)

Price History

Date / Event Date Event Price
Sep 22, 2004 Sold
Premium
Sold
Aug 3, 2004 Listed $229,900
Listed
Jan 30, 1990 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,561
  • Total Building Area: 1,270
  • Gross Building Area: 1,270
  • Building Area: 1,270
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,270
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 030901

Zoning

  • Zoning: R-8

Geography

  • Account Number: 6171
  • Parcel: BRIS M:120 L:11
  • Lot: 11
  • Municipality: BRISTOL
  • Latitude: 41.7115
  • Longitude: -71.2628

    Address

  • Full Address: 7 Fairmount Ave
  • Address - House Number: 7
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Bristol
  • Carrier Code: R003
  • 4-Digit Zip Code: 4604
  • Zip Code: 02809

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,300

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 417,204
  • High Value: 498,109
  • Low Value: 336,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,200
  • Assessed Land Value: $141,500
  • Assessed Improvements Value: $126,700

    Sales

  • Current Sale Recording Date: Sep 22, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 30, 1990
  • Previous Sale Amount: $114,000
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

50

Average Home Size

3011 ft²

Average Home Age

64.9 years

Currently For Sale

7 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# 70072007

Frequently Asked Questions

When was property at 7 Fairmount Avenue built and last sold?
The property at 7 Fairmount Avenue was built in 1950 and last sold on Jan 1, 1970 for $224,000.
How much is this home worth?
The estimated value of the home located at 7 Fairmount Avenue is $231,722.
What are some comparable homes to 7 Fairmount Avenue?
There are currently no comparable homes to 7 Fairmount Avenue.
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