For SaleRisky Deal50 days on market
154 Alder Rd
154 Alder Rd, Charlestown, RI 02813, Charlestown, RI 02813
$675,000
Listing Price
154 Alder Rd, Charlestown, RI 02813
Loc: Charlestown, RI
Days Listed
50
Tax Assessed
$496k
Lot Size
1.03 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.
9
Charlestown Elementary School
K-4
4.6 mi away
7
Chariho Regional Middle School
5-8
5.9 mi away
10
Chariho High School
9-12
5.9 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 sidingblue exteriorwrap-around deckattached garagewooded lotcozy atmosphereresidentialsuburbanlandscapeddormer windowsasphalt shingle roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.92%
Total ROI
87.5%
Cash Flow
$-173/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-173/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • 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 |
|---|---|---|---|
| 2026-08-05 | Listed for sale | $675,000 | $714 |
| 2025-12-31 | Listing removed | $621,000 | $657 |
| 2025-09-22 | Price change | $621,000 | $657 |
| 2025-08-21 | Listed for sale | $690,000 | $730 |
| 1994-07-13 | Sold | $118,500 | $125 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,940 | $495,700 |
| 2024 | $2,865 | $495,700 |
| 2023 | $2,845 | $495,700 |
| 2022 | $2,644 | $323,600 |
| 2021 | $2,647 | $323,600 |
| 2020 | $2,663 | $323,600 |
| 2019 | $2,640 | $286,000 |
| 2018 | $2,757.04 | $286,000 |
| 2017 | $2,743 | $286,000 |
| 2016 | $2,787 | $273,000 |
| 2015 | $2,760 | $273,000 |
| 2014 | $2,703 | $273,000 |
| 2013 | $2,694 | $284,800 |
| 2012 | $2,649 | $284,800 |
| 2011 | $2,580 | $284,800 |
| 2010 | $2,490 | $332,900 |
| 2009 | $2,477 | $332,900 |
| 2008 | $2,384 | $332,900 |
| 2007 | $2,189 | $291,500 |
| 2006 | $1,962 | $288,500 |
| 2004 | $1,837 | $145,900 |
| 2003 | $1,744 | $145,900 |
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