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Compass Sells Single Family Home In North Kingstown, RI For $1.175M
SOLD
$1,175,000
Rhode Island
See Similar DealsSingle Family3,500 SF
Sold 05/10/2024
SOLD
Compass Sells Single Family Home In North Kingstown, RI For $1.175M
200 Miner Road
See Similar DealsSingle Family3,500 SF
Sold 05/10/2024
Summary
RHODE ISLAND
Asset Type:Single Family
Price Per Square Foot:$335
Total Square Footage:3,500 SF
Transaction Type:Sale
The single-family property located at 200 Miner Road in North Kingstown, RI, was sold for $1,175,000. Spanning 3,500 square feet, the property was sold for approximately $336 per square foot.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $1,175,000
- Address: 200 Miner Road
- Market: North Kingstown, RI
- Price per Square Foot: $336
Kira Greene of Compass Providence represented the seller in the transaction, which closed $80,000 over the asking price.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$62,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19
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