For SaleRisky Deal97 days on market
42 Charles Ave
42 Charles Ave, Charlestown, RI 02813, Charlestown, RI 02813
$519,000
Listing Price
42 Charles Ave, Charlestown, RI 02813
Loc: Charlestown, RI
Days Listed
97
Tax Assessed
$341k
Lot Size
0.91 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Chariho Regional Middle School
5-8
4.5 mi away
10
Chariho High School
9-12
4.6 mi away
9
Charlestown Elementary School
K-4
5.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingattached garageasphalt shingle roofsuburbanwell-maintainedmature treesspacious lawnshuttered windowsfront porchresidentialtraditionalcozy
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-81/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-81/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Charlestown
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-03 | Price change | $519,000 | $292 |
| 2026-07-17 | Price change | $589,000 | $331 |
| 2026-06-19 | Listed for sale | $629,000 | $353 |
| 2021-12-08 | Listing removed | $0 | – |
| 2021-07-11 | Listed for sale | $349,000 | $196 |
| 2008-09-21 | Listing removed | $229,000 | $129 |
| 2008-08-04 | Listed for sale | $229,000 | $129 |
| 1996-08-22 | Sold | $80,000 | $45 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,020 | $340,600 |
| 2024 | $1,969 | $340,600 |
| 2023 | $1,955 | $340,600 |
| 2022 | $2,056 | $251,600 |
| 2021 | $2,058 | $251,600 |
| 2020 | $2,071 | $251,600 |
| 2019 | $1,950 | $211,300 |
| 2018 | $1,461.93 | $211,300 |
| 2017 | $2,026 | $211,300 |
| 2016 | $2,044 | $200,200 |
| 2015 | $2,024 | $200,200 |
| 2014 | $1,982 | $200,200 |
| 2013 | $1,976 | $208,900 |
| 2012 | $1,943 | $208,900 |
| 2011 | $1,893 | $208,900 |
| 2010 | $1,764 | $235,800 |
| 2009 | $1,754 | $235,800 |
| 2008 | $1,688 | $235,800 |
| 2007 | $1,613 | $214,800 |
| 2006 | $1,461 | $214,800 |
| 2004 | $1,594 | $126,600 |
| 2003 | $1,513 | $126,600 |
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