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Providence 02907 West End Providence
89 Benedict St
$25,000
● House - Off Market

89 Benedict St

Providence, RI 02907
bedrooms
3 Beds
bathrooms
1 Bath
square feet
990 Ft²
$47,467
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

Strong Investment Opportunity in the West End. Endless Posibilities in this Charming Cottage. Oversized Two Car Garage and  great yard. Steps to many restaurants and shops on Cranston Street and Local Parks.
Unit Size
990 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$25
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1853

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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 #71587642)

Price History

Date / Event Date Event Price
Mar 17, 2014 Sold
Premium
Sold
Dec 4, 2013 Sold
Premium
Sold
Sep 23, 2013 Listed by Westcott Properties $24,900
Listed by Westcott Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1853
  • Effective Year Built: 1853
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 495
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,026
  • Total Building Area: 990
  • Gross Building Area: 1,709
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 990
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Providence School District
  • School Tax School District: PROVIDENCE PS
  • Census Tract: 001400

Zoning

  • Zoning: R-3

Geography

  • Account Number: 20984
  • Parcel: PROV M:43 L:612
  • Lot: 612
  • Municipality: PROVIDENCE
  • Latitude: 41.8051
  • Longitude: -71.4359

    Address

  • Full Address: 89 Benedict St
  • Address - House Number: 89
  • Address - Street Name: Benedict
  • Address - Suffix Type: St
  • State: RI
  • City Name: Providence
  • Carrier Code: C009
  • 4-Digit Zip Code: 2805
  • Zip Code: 02907

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $306,100

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 318,217
  • High Value: 387,882
  • Low Value: 248,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,800
  • Assessed Land Value: $71,100
  • Assessed Improvements Value: $95,700

    Sales

  • Current Sale Recording Date: Mar 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 89106
  • Previous Sale Recording Date: Dec 04, 2013
  • Previous Sale Amount: $73,593
  • Previous Sale Document Type: 34
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 West End Providence

Stats & Trends

Median Asking:

$314,950

Sale Price/ft²

$280

Below Asking

0.04%

Average Days on Market

77

Average Home Size

2400 ft²

Average Home Age

-

Currently For Sale

1 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

Unit for rent at 20 Kelly St, RI, 02909

$1,685 /mo

  • 1 Bed
  • 1 Bath
20 Kelly St, RI, 02909 Listing by Rick Rivera
Unit for rent at 821 Plainfield St, Other, RI, 02909

$19 /mo

  • 2 Beds
  • 1 Bath
821 Plainfield St, Other, RI, 02909 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71587642

Frequently Asked Questions

When was property at 89 Benedict Street built and last sold?
The property at 89 Benedict Street was built in 1853 and last sold on Jan 1, 1970 for $25,000.
How much is this home worth?
The estimated value of the home located at 89 Benedict Street is $29,219.
What are some comparable homes to 89 Benedict Street?
There are currently no comparable homes to 89 Benedict Street.
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