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Woonsocket 02895
81 Newport St
$374,900
● House - Off Market

81 Newport St

Woonsocket, RI 02895
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,490 Ft²
$373,505
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Tucked away in a serene Woonsocket setting, discover this enchanting four-bedroom, one-and-a-half-bathroom home. On the first floor, adjacent to the entryway, a room with dual doors and a closet offers versatility as a bedroom or a convenient first-floor office space. An adjacent full bathroom adds to the convenience of the first floor. Upstairs, the second level boasts three bedrooms and bathroom. The property features a lovely yard with ample off-street parking. The interior boasts a pleasing layout with hardwood floors, a spacious living and dining area, and a generously sized kitchen. Experience the ample space, thoughtful layout, and undeniable charm this home offers. *  FIRST LOOK PROPERTY:  Home is only open to owner occupants and non-profits for first 20 days. Investor offers after day 20. *
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$252
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1918

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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 #73146858)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Sep 7, 2023 In contract -
In contract
Aug 10, 2023 Listed by Keller Williams South Watuppa $374,900
Listed by Keller Williams South Watuppa
Oct 12, 2005 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 1,064
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,742
  • Total Building Area: 1,490
  • Gross Building Area: 3,272
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Woonsocket School District
  • School Tax School District: WOONSOCKET SD
  • Census Tract: 017700

Zoning

  • Zoning: R3

Geography

  • Account Number: 31012
  • Parcel: WOON M:18J L:52 U:9
  • Lot: 52
  • Municipality: WOONSOCKET
  • Latitude: 41.9871
  • Longitude: -71.5141

    Address

  • Full Address: 81 Newport St
  • Address - House Number: 81
  • Address - Street Name: Newport
  • Address - Suffix Type: St
  • State: RI
  • City Name: Woonsocket
  • Carrier Code: C038
  • 4-Digit Zip Code: 6460
  • Zip Code: 02895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 370,906
  • High Value: 443,382
  • Low Value: 298,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,400
  • Assessed Land Value: $95,100
  • Assessed Improvements Value: $171,300

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230015
  • Previous Sale Recording Date: Oct 12, 2005
  • Previous Sale Amount: $225,000
  • 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 Woonsocket

Stats & Trends

Median Asking:

$407,450

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2167 ft²

Average Home Age

74.7 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 73146858

Frequently Asked Questions

When was property at 81 Newport Street built and last sold?
The property at 81 Newport Street was built in 1918 and last sold on Oct 30, 2023 for $374,900.
How much is this home worth?
The estimated value of the home located at 81 Newport Street is $378,538.
What are some comparable homes to 81 Newport Street?
There are currently no comparable homes to 81 Newport Street.
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