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Providence 02919
8 Falcon Crest Dr
$350,000
● House - Off Market

8 Falcon Crest Dr

Johnston, RI 02919
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,310 Ft²
$285,478
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Good size home in an outstanding location.   Located close to all area amenities is this 4 bedroom home, 3 bathroom home.  Walking in through the front door you enter into the main living area dining area and kitchen with an open floor plan. To the right there is a full bath, a bedroom, and an office sized room with laundry. The left of the main area are the other three bedrooms and baths. The master bath unit is a very generous size.  2 car drive-under garage.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$123
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1991

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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 #73072744)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Jun 30, 2023 Sold
Premium
Sold
Apr 27, 2023 Sold
Premium
Sold
Feb 1, 2023 In contract -
In contract
Jan 22, 2023 Listed by Keller Williams South Watuppa $285,000
Listed by Keller Williams South Watuppa

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,530
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,310
  • Gross Building Area: 5,280
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: JOHNSTON PS
  • Census Tract: 012200

Zoning

  • Zoning: R40

Geography

  • Account Number: 20-0112-00
  • Parcel: JOHN M:0044 L:486
  • Lot: 486
  • Municipality: JOHNSTON
  • Latitude: 41.8127
  • Longitude: -71.5079

    Address

  • Full Address: 8 Falcon Crest Dr
  • Address - House Number: 8
  • Address - Street Name: Falcon Crest
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Johnston
  • Carrier Code: R024
  • 4-Digit Zip Code: 3100
  • Zip Code: 02919

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $750,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0838
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 661,174
  • High Value: 716,627
  • Low Value: 605,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,400
  • Assessed Land Value: $116,800
  • Assessed Improvements Value: $373,600

    Sales

  • Current Sale Contract Date: Mar 26, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 177493
  • Previous Sale Recording Date: Jun 30, 2023
  • Previous Sale Contract Date: Jun 28, 2023
  • Previous Sale Amount: $350,000
  • 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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2509 ft²

Average Home Age

69.5 years

Currently For Sale

102 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# 73072744

Frequently Asked Questions

When was property at 8 Falcon Crest Drive built and last sold?
The property at 8 Falcon Crest Drive was built in 1991 and last sold on Mar 26, 2024 for $660,000.
How much is this home worth?
The estimated value of the home located at 8 Falcon Crest Drive is $317,991.
What are some comparable homes to 8 Falcon Crest Drive?
There are currently no comparable homes to 8 Falcon Crest Drive.
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