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Providence
7 Logan Drive
Photo of 7 Logan Drive
Sold on Dec 27, 2007

1

Map

$675,000
● House - Off Market

7 Logan Drive

Lincoln, RI 02865
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$1,269,338
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

FABULOUS 5 YR. OLD CONTEMPORARY CAPE ON BEAUTIFUL 1+ ACRE LOT. CUSTOM QUALITY DETAILS THROUGHOUT. SUNNY OPEN LAYOUT. COOKS KITCHEN. 1ST LEVEL MASTER SUITE WITH LUXURY BATH. EVERY AMENITY, CENTRAL AIR, SECURITY, CENTRAL VAC, OVERSIZED 3 CAR INTEGRAL GARAGE PLUS HEATED IN-GROUND POOL.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$212
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
2001

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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 #70649718)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Dec 28, 2007 Sold
Premium
Sold
Sep 18, 2007 Listed $699,000
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9
  • Basement Area: 2,145
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 43,604
  • Total Building Area: 3,497
  • Gross Building Area: 8,339
  • Building Area: 3,497
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,497
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001001
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN PS
  • Census Tract: 011600

Zoning

  • Zoning: RS20

Geography

  • Account Number: 18-17612-03
  • Parcel: LINC M:29 L:358.0 U:
  • Lot: 358.0
  • Municipality: LINCOLN
  • Latitude: 41.9321
  • Longitude: -71.4479

    Address

  • Full Address: 7 Logan Dr
  • Address - House Number: 7
  • Address - Street Name: Logan
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 1348
  • Zip Code: 02865

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,325,500

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 909,886
  • High Value: 1,033,359
  • Low Value: 786,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $803,800
  • Assessed Land Value: $227,000
  • Assessed Improvements Value: $576,800

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 28, 2007
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: 27
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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2457 ft²

Average Home Age

69.8 years

Currently For Sale

97 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# 70649718

Frequently Asked Questions

When was property at 7 Logan Drive built and last sold?
The property at 7 Logan Drive was built in 2001 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 7 Logan Drive is $714,442.
What are some comparable homes to 7 Logan Drive?
There are currently no comparable homes to 7 Logan Drive.
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