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Newport 02878
80 Leger Lane
$210,000
● House - Off Market

80 Leger Lane

Tiverton, RI 02878
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$399,005
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

This well maintained, 1 owner home offers many improvements:  new windows, new exterior stairs, newer roof,  new attic insulation, new programmable thermostats and new carpets in 2 bedrooms.  Open kitchen with dining area offers brand new appliances. MBR & BR#2 are spacious. BR#3 is currently used as a den.  Full unfinished basement has workshop and laundry areas and has the potential to finish for add'l living area. Bulkhead access to back yard. Kitchen slider leads to wood deck and private fire pit. The carport accommodates 2 cars and the driveway another 4 cars if needed. There are 3 storage sheds and a garden area in the rear. There is plenty of yard (3/4 acre) to entertain family and friends or just enjoy nature. Located on a dead end street, yet close to all town amenities. Nothing to do but move in!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$223
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #71818288)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Nov 17, 2015 Sold
Premium
Sold
Apr 15, 2015 Listed by Prestige Realty Experts Inc. $224,900
Listed by Prestige Realty Experts Inc.

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,318
  • Total Building Area: 1,008
  • Gross Building Area: 2,934
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000696
  • 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: 041701

Zoning

  • Zoning: R60

Geography

  • Parcel: TIVE M:219 B:129
  • Block: 129
  • Municipality: TIVERTON
  • Latitude: 41.63
  • Longitude: -71.17

    Address

  • Full Address: 80 Leger Ln
  • Address - House Number: 80
  • Address - Street Name: Leger
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Tiverton
  • Carrier Code: R008
  • 4-Digit Zip Code: 3864
  • Zip Code: 02878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,600

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 446,608
  • High Value: 535,876
  • Low Value: 357,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,800
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $131,800

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1520
  • Previous Sale Recording Date: Nov 17, 2015
  • Previous Sale Amount: $210,000
  • 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 Newport

Stats & Trends

Median Asking:

$567,450

Sale Price/ft²

$375

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2602 ft²

Average Home Age

58.8 years

Currently For Sale

20 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# 71818288

Frequently Asked Questions

When was property at 80 Leger Lane built and last sold?
The property at 80 Leger Lane was built in 1971 and last sold on Apr 29, 2022 for $451,200.
How much is this home worth?
The estimated value of the home located at 80 Leger Lane is $234,149.
What are some comparable homes to 80 Leger Lane?
There are currently no comparable homes to 80 Leger Lane.
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