243 Maple Avenue Barrington, RI 02806
MULTI_FAMILY - Barrington, RI
- Added:
- May 28, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 243 Maple Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Basement, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
- Parking
- 6
- Parking features
- Garage
- Interior features
- Wall (Plaster), Plumbing (Mixed), Insulation (Unknown)
- Basement
- Full, Storage Space, Unfinished
- Standard status
- Pending
- Size
- 2,785 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8452
Utilities
- Heating system
- Forced Air, Baseboard, Natural Gas
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Plaster, Vinyl Siding
Listing agent Brooke Buckett (401) 245-2000
Listing office Re/Max River's Edge 300 County Road, Barrington, RI (401) 245-2000
Listing date May 28, 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 built in 1900 on nearly 1/2 acre in Barrington.
- First‑floor owner’s unit features an updated kitchen with shaker cabinetry, quartz countertops, stainless appliances, island, and wine fridge.
- First‑floor layout includes generous living/dining areas, 2 bedrooms, renovated tiled bathroom, separate laundry room, and a sunroom.
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 | $71.9k | $25.80 |
| − Vacancy | −$4.7k | −$1.68 |
| EGI | $67.2k | $24.12 |
| − OpEx | −$20.2k | −$7.24 |
| NOI | $47.0k | $16.89 |
