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Providence 02857
87 Quaker Ln
$370,000
● House - Off Market

87 Quaker Ln

Scituate, RI 02857
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,816 Ft²
$391,685
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Beautiful 3 beds 1.5 baths raised ranch setting on a 3.44 Acre piece of nature lovers paradise in Scituate. The open upstairs floor plan opens to the large kitchen that has granite countertops with lots of cabinet space and a living room with a cozy fireplace that opens to large back deck you can enjoy nature from while having your morning coffee. Two spacious bedrooms and a full bath are also located on this upper level. The lower level has a finished family room with wood stove you can walkout to a patio and the in-ground pool. There is a third bedroom and a half bath on the lower level. Even though you are in the country you are still close enough to the highway to access any part of the state. Don't delay this piece of paradise will not last long!!!
Unit Size
1,816 Ft²
Days on Market
-
Land Size
3.44 acres
Price per sqft
$204
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1968

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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 #73045537)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Dec 16, 2022 In contract -
In contract
Dec 6, 2022 Price Decreased $370,000
↓ $10K (2.6%)
Price Decreased
Nov 17, 2022 Price Decreased $380,000
↓ $15K (3.8%)
Price Decreased
Nov 9, 2022 Price Decreased $395,000
↓ $5K (1.3%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 150,055
  • Total Building Area: 1,816
  • Gross Building Area: 3,268
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003445
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Scituate School District
  • School Tax School District: SCITUATE PS
  • Census Tract: 013202

Zoning

  • Zoning: RR-1

Geography

  • Account Number: 20-1085-40
  • Parcel: SCIT M:21-0 L:033-00
  • Lot: 33-0
  • Municipality: SCITUATE
  • Latitude: 41.846
  • Longitude: -71.6202

    Address

  • Full Address: 87 Quaker Ln
  • Address - House Number: 87
  • Address - Street Name: Quaker
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: North Scituate
  • Carrier Code: R004
  • 4-Digit Zip Code: 1259
  • Zip Code: 02857

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,900

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 92
  • Final Value: 372,829
  • High Value: 405,477
  • Low Value: 340,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,000
  • Assessed Land Value: $124,300
  • Assessed Improvements Value: $181,700

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202300000144
  • Previous Sale Recording Date: Oct 24, 2018
  • Previous Sale Amount: $285,000
  • 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

$273

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2492 ft²

Average Home Age

67.3 years

Currently For Sale

106 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: 5 months ago
Data Source: MLS PIN, MLS# 73045537

Frequently Asked Questions

When was property at 87 Quaker Lane built and last sold?
The property at 87 Quaker Lane was built in 1968 and last sold on Jan 26, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 87 Quaker Lane is $383,392.
What are some comparable homes to 87 Quaker Lane?
There are currently no comparable homes to 87 Quaker Lane.
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