226 WaterBlock Island, RI 02807

  • Mixed-use properties
  • 4,480 SF
Off market
$1,001,880 Estimated

Property Details for 226 Water

Year built
1900
Construction
FRAME
Lot size
0.10 AC
Property size (Sq ft)
4,480 SF
Zone code
OHC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
BLOC M:06 L:115
APU
BLOCM06L115

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $828,198
    6.5%
    $764,491
    7%
    $709,884
  • Comparable approach

    Method
    Valuation
    Relative Method
    $585,357
    Geo Method
    $585,357
  • Alternative Use

    Use
    Valuation
    Residential
    $947,969
    Hospitality
    $868,334
    Educational
    $722,444
    Medical
    $747,290
    Retail
    $1,123,801
226 Water, Block Island, Rhode Island

Location Insight

City
Block Island
County
Washington
State
Rhode Island
Latitude
41.1735
Longitude
-71.559
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,053
$806,000
$471,800
$1,277,800
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FAQs

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