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Warwick 02886
81 Mckinley Street
$285,000
● House - Off Market

81 Mckinley Street

Warwick, RI 02886
bedrooms
2 Beds
bathrooms
1 Bath
square feet
824 Ft²
$266,709
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

This Cozy Two Bedroom Ranch in Buttonwoods is an ideal Starter Home or Downsizer. Features Include Vinyl Siding, Newer Roof, Gas Furnace, Central A/C, Attic Storage, Attached One Car Garage, and a Well-Maintained Lot with Fenced in Backyard. Close to all Amenities. Check Out the Attached 360 Tour and Call Today to Schedule your Showing!
Unit Size
824 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$314
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1950

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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 #72936233)

Price History

Date / Event Date Event Price
Mar 16, 2022 Sold
Premium
Sold
Jan 23, 2022 Listed by RE/MAX Town & Country $259,000
Listed by RE/MAX Town & Country
Jan 26, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 624
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 824
  • Gross Building Area: 1,932
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Warwick School District
  • School Tax School District: WARWICK PS
  • Census Tract: 021901

Zoning

  • Zoning: A7

Geography

  • Account Number: 137724
  • Parcel: WARW M:347 B:0421 L:0000
  • Block: 421
  • Municipality: WARWICK
  • Latitude: 41.704
  • Longitude: -71.4324

    Address

  • Full Address: 81 Mckinley St
  • Address - House Number: 81
  • Address - Street Name: Mckinley
  • Address - Suffix Type: St
  • State: RI
  • City Name: Warwick
  • Carrier Code: C038
  • 4-Digit Zip Code: 5222
  • Zip Code: 02886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,900

    Appraisal Valuation

  • Standard Deviation: 0.198
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 73
  • Final Value: 310,817
  • High Value: 372,362
  • Low Value: 249,272

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,200
  • Assessed Land Value: $80,700
  • Assessed Improvements Value: $171,500

    Sales

  • Current Sale Contract Date: Mar 15, 2022
  • Current Sale Recording Date: Mar 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3925
  • Previous Sale Recording Date: Jan 26, 2001
  • Previous Sale Amount: $92,000
  • 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 Warwick

Stats & Trends

Median Asking:

$449,900

Sale Price/ft²

$342

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1743 ft²

Average Home Age

141 years

Currently For Sale

3 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72936233

Frequently Asked Questions

When was property at 81 McKinley Street built and last sold?
The property at 81 McKinley Street was built in 1950 and last sold on Mar 15, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 81 McKinley Street is $269,511.
What are some comparable homes to 81 McKinley Street?
There are currently no comparable homes to 81 McKinley Street.
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