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1117 Douglas Ave, North Providence, RI 02904 — $279,900 · 1bd · ~0.7% rule | OnePercent

1117 Douglas Ave, North Providence, RI 02904

$279,900

Home·North Providence 02904·1117 Douglas Ave, North Providence, RI 02904

Last confirmed 3 days ago

1117 Douglas Ave, North Providence, RI 02904

1 bd · 1 ba · 588 sqft · built 2020 · North Providence · CONDOS·source listing ↗

$279,900

rent, three ways

OnePercent model (vv1)$2,086/mo

p10–p90 confidence band

HUD Fair Market Rent · 02904 · 1BR$1,410/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Providence

Flood risk indexRelatively Moderate FEMA NRI

Median household income$67,003

Median area rent$1,289/mo

Median home value$339,900

the verdict

0.75%vs 0.8% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$279,900

0.75% · rent $2,086

Intrinsic value · income approach

$330,372

15% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.