1842 Mendon Road Woonsocket, RI 02895
MULTI_FAMILY - Woonsocket, RI
- Added:
- May 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 11 at 10:06 pm
Property Features for 1842 Mendon Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2
- Parking
- 8
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Wall (Dry Wall), Wall (Wood), Plumbing (Mixed), Insulation (Walls)
- Exterior features
- Balcony, Deck
- Basement
- Unfinished, Full
- Appliances
- Gas Water Heater, Disposal, Microwave, Oven/Range, Refrigerator
- Standard status
- Pending
- Size
- 1,648 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5008
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Laminate
- Building materials
- Dry Wall, Wood Wall(s), Vinyl Siding
Listing agent Fida Salameh (855) 450-0442
Listing office Real Broker, Llc 10 Dorrance Street, Providence, RI (855) 450-0442
Listing date May 24, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home with 2 bedrooms and 1 full bathroom in each unit, plus private entrances
- Separate utilities for each unit
- First‑floor unit features brand‑new bathroom and vinyl flooring, with in‑unit laundry hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.9k | $25.44 |
| − Vacancy | −$2.7k | −$1.65 |
| EGI | $39.2k | $23.79 |
| − OpEx | −$11.8k | −$7.14 |
| NOI | $27.4k | $16.65 |
