20 days on rocket

71 Lake St, Cranston, RI, 02910

$420,000

Home List Price

$4,988*

Closing Credit

5 Bedrooms
2 Full Baths
1,820 SqFt
$231/SqFt
House

Location

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71 Lake St, Cranston$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1974
HeatingBaseboard, Natural Gas
CoolingCentral Air
BasementYes
FireplaceNone
MLS #1372506
Lot Size0.07 Acres
StatusActive

About 71 Lake St

This recently renovated property offers 1,820 square feet of livable space across the main and lower levels, ready for immediate occupancy. With five spacious bedrooms and two full bathrooms, the home is fully turn-key, boasting new flooring throughout, along with a completely updated kitchen and bathrooms. The lower level features convenient walk-out access, making it an ideal space for a growing family. Conveniently located in the heart of Cranston, 71 Lake St is close to highways, shopping, and local schools. The newly paved driveway provides ample off-street parking, and the fenced-in backyard and sides offer both privacy and low-maintenance outdoor space.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1974
  • Living Area: 1,820 SqFt

Listing Office:

  • Office Name: Smith and Oak Real Estate Co.
  • Office Phone: (401) 464-2617

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Vinyl
  • Interior: Attic, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $3,395
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cranston, RI.

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Cranston, RI

City

Med. Sold Price

$434.2K

Med. Price/SqFt

$258

Avg. Days On Market

24

# of Sold Homes

69

71 Lake St vs Cranston

20 DAYS ON ROCKET

-4 Days

$420,000

-$14.2K Less

$231/SqFt

-$27 Less

KEY TAKEAWAY

This property is $14.2K less than the Median Sold Price and $27/SqFt less than other homes in Cranston, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1372506

Listing Office:

  • Office Name: Smith and Oak Real Estate Co.
  • Office Phone: (401) 464-2617

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/26/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 1996Home Sold
$66,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,395$188,600
2020$3,352$161,400
2017$2,991$130,400

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1798838
7
/10

  • Stadium Elementary School

  • 100 Crescent Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-1798839
3
/10

  • Arlington Elementary School

  • 155 Princess Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1798840
2
/10

  • Gladstone at Barrows Elementary School

  • 50 Gladstone St

  • 0.53 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,438. The most common annual income of people living in Cranston, RI is between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cranston, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Cranston, RI?

Cranston's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of historic charm with contemporary design, where colonial and Victorian homes stand alongside more recent constructions. The area has a strong sense of residential stability, with a homeownership rate that reflects a community invested in long-term living and comfort.

What are the advantages of living in Cranston, RI?

Cranston is celebrated for its vibrant community spirit and the quality of life it offers to residents. The city prides itself on a blend of urban and suburban elements, providing a peaceful residential atmosphere along with the conveniences of city living. Local events and festivals throughout the year contribute to the strong sense of community and cultural richness that defines Cranston.

Are essential services in Cranston, RI convenient?

The community is served by a robust selection of services, including public and private educational institutions that cater to a range of academic preferences. Healthcare facilities in Cranston are equipped to provide comprehensive care, with several clinics and a hospital that offer various specialized services. The public library system supports the community's educational and cultural needs, and the city's retail and dining establishments reflect the local culture and cuisine, offering residents and visitors a taste of Cranston's diversity.

How do Cranston, RI residents get around?

Transportation in Cranston is well-facilitated by a network of roads and highways that connect residents to Providence and other neighboring areas. Public transit options are available, providing connections across the city and to other key destinations. The community's walkability varies by area, with some neighborhoods offering more pedestrian-friendly environments than others. Recent efforts to enhance transport efficiency and accessibility are evident in the ongoing improvements to the local infrastructure.

Frequently Asked Questions About 71 Lake St

What is the listing price of this property?

The listing price of 71 Lake St property is $420,000.

What type of property is this?

The property 71 Lake St is a house located in Cranston, Rhode Island, 02910.

Is this property for sale now?

Active Listing: 71 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,395 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 1996 for $66,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 71 Lake St has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 71 Lake St is 1,820 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 71 Lake St is 1974.

Rocket Homes›Rhode Island›Providence County›Cranston›02910›71 Lake St

This home is located at 71 Lake St in Cranston, RI and zip code 02910. This 1,820 square foot home, which was built in 1974, sits on a 0.07 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $420,000.

In October 2024 more than 38 listings in Cranston, RI were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 20 were sold below. In October 2024 in Cranston, RI there were 7.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 24 days, the median list price was $434,208.

From Rocket Homes Real Estate and based on county public records data.

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