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Bristol
7 Munro Ave
$235,000
● House - Off Market

7 Munro Ave

Warren, RI 02885
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,416 Ft²
$391,602
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

This contemporary, open floor plan home features a living room with a woodstove & slider to deck, dining room with cathedral ceilings & slider to 2 level deck, a fully applianced eat in kitchen with center island and a large full bath with a Jacuzzi tub on the first level.  The second level has a good sized master bedroom with a cathedral ceiling and a slider to a deck with distant water views.  There is a second bedroom with cathedral ceilings & an office/sitting area overlooking the 1st floor living area.  Located in the Laurel Park area which offers an optional neighborhood association with a beach, kayak storage & a playground.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$186
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1930

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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 #72373283)

Price History

Date / Event Date Event Price
Feb 10, 2021 Sold
Premium
Sold
Nov 15, 2020 Listed by Salt Marsh Realty Group $329,900
Listed by Salt Marsh Realty Group
Apr 19, 2019 Sold
Premium
Sold
Aug 2, 2018 Listed by Salt Marsh Realty Group $263,900
Listed by Salt Marsh Realty Group

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 634
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,202
  • Total Building Area: 1,310
  • Gross Building Area: 2,492
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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: 16-0494-00
  • Parcel: WARR M:13D L:274
  • Lot: 274
  • Municipality: WARREN
  • Latitude: 41.7197
  • Longitude: -71.2626

    Address

  • Full Address: 7 Munro Ave
  • Address - House Number: 7
  • Address - Street Name: Munro
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Warren
  • Carrier Code: C003
  • 4-Digit Zip Code: 2215
  • Zip Code: 02885

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 422,890
  • High Value: 499,303
  • Low Value: 346,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,500
  • Assessed Land Value: $121,900
  • Assessed Improvements Value: $204,600

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28481
  • Previous Sale Recording Date: Apr 19, 2019
  • Previous Sale Contract Date: Apr 19, 2019
  • Previous Sale Amount: $235,000
  • 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 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.

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# 72373283

Frequently Asked Questions

When was property at 7 Munro Avenue built and last sold?
The property at 7 Munro Avenue was built in 1930 and last sold on Feb 9, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 7 Munro Avenue is $331,861.
What are some comparable homes to 7 Munro Avenue?
There are currently no comparable homes to 7 Munro Avenue.
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