For Sale
$475,000
76 Dewey Street, Woonsocket, RI 02895
Duplexes
Property Size1,784 SF
Price / SF$266.26
Days on Market79
Property Features for 76 Dewey Street
General Information
Standard status
Active
Size
1,784 SF
Property subtype
MultiFamily
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1930
Listing Agency:
RI Real Estate Services
(401) 885-5400
Listed By:
Shannon Krasnowiecki · License #RES.0043227
(401) 487-2936
Source:
Lockandkeyre
Added: Jul 20
Changed: Oct 4
Last Checked: Oct 5 at 7:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RI Real Estate Services
Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home built in 1930
- Each unit features 2 bedrooms and 1 full bath
- Separate porches, plus off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,704
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,080
$594.1K
Cap Rate 7%
$424,343
$424.3K
Cap Rate 9%
$330,044
$330.0K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$45.4K $25.44/SF
− Vacancy
−$3.0K −$1.65/SF
EGI
$42.4K $23.79/SF
− OpEx
−$12.7K −$7.14/SF
NOI
$29.7K $16.65/SF
Area
Providence County, RI
Vacancy
6.50%
Lease Rate
$25.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,080
Cap Rate 7%
$424,343
Cap Rate 9%
$330,044
Alternative Uses
Best Use
Multifamily LT 5
$424.3K
$371.3K – $495.1K
NOI $29,704 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$336.8K
$294.7K – $392.9K
NOI $23,575 @ 7.0% cap · market cap 4.96%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 02895, RI
43,269
Population
19,443
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
5,547
Density / Sq Mi
$58,579
Median Household Income
$40,929
Median Earnings
$1,116
Median Rent
$267,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
Where is this duplex located?
The property is located at 76 Dewey Street Woonsocket, RI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑family home built in 1930; Each unit features 2 bedrooms and 1 full bath; Separate porches, plus off‑street parking
