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Tiverton 02878
79 Louise Drive
$267,000
● House - Off Market

79 Louise Drive

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$407,473
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Welcome Home!  This 3 Bed 2 Bath Raised Ranch offers a spacious open floor plan, remodeled kitchen with granite countertops, and bonus finished lower level.  Mature trees and natural stone walls create a tranquil and private backyard retreat which can be enjoyed from the ample deck space.  Hardwoods are present under the carpet in the 3 upper level bedrooms, hallway & living room.  Well maintained over the years this home features:  a smart thermostat, replacement windows, Anderson Slider, A/C, pellet stove, In-Law Potential and much more.***New Septic System will be installed by Seller prior to closing.***  Ideally Situated in a quiet neighborhood, offering a prime location minutes to Route 24 and the new SouthCoast Marketplace.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$161
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #72413311)

Price History

Date / Event Date Event Price
Feb 22, 2019 Sold
Premium
Sold
Oct 19, 2018 Listed by Mott & Chace Sotheby's International Realty $269,900
Listed by Mott & Chace Sotheby's International Realty
May 22, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 23
  • 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: 880
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,498
  • Total Building Area: 950
  • Gross Building Area: 2,510
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 950
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tiverton School District
  • School Tax School District: TIVERTON SD
  • Census Tract: 041602

Zoning

  • Zoning: R30

Geography

  • Parcel: TIVE M:112 B:110
  • Block: 110
  • Municipality: TIVERTON
  • Latitude: 41.6542
  • Longitude: -71.1866

    Address

  • Full Address: 79 Louise Dr
  • Address - House Number: 79
  • Address - Street Name: Louise
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R008
  • 4-Digit Zip Code: 3738
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,100

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 410,071
  • High Value: 500,795
  • Low Value: 319,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,400
  • Assessed Land Value: $104,800
  • Assessed Improvements Value: $141,600

    Sales

  • Current Sale Contract Date: Feb 21, 2019
  • Current Sale Recording Date: Feb 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 359
  • Previous Sale Recording Date: May 22, 1992
  • Previous Sale Amount: $120,000
  • 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 Tiverton

Stats & Trends

Median Asking:

$469,000

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

46

Average Home Size

2519 ft²

Average Home Age

80.2 years

Currently For Sale

6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72413311

Frequently Asked Questions

When was property at 79 Louise Drive built and last sold?
The property at 79 Louise Drive was built in 1971 and last sold on Feb 21, 2019 for $267,000.
How much is this home worth?
The estimated value of the home located at 79 Louise Drive is $290,791.
What are some comparable homes to 79 Louise Drive?
There are currently no comparable homes to 79 Louise Drive.
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