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Valley Falls 02864
147 Hope St
$180,600
● House - Off Market

147 Hope St

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,286 Ft²
$237,771
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Awesome buy!! Spacious 1 level ranch style home located in desired residential neighborhood. Come and enjoy the amenities this home has to offer like it's well lit living room and spacious bedrooms, huge kitchen and hardwood flooring.  Plenty of off street parking with good size yard. INSURABILITY CODE:(IE)..HUD CASE # 451-102338. NO WARRANTIES, GUARANTEES OR REPRESENTATION EITHER EXPRESSED OR IMPLIED BY BROKER OR OWNER. SOLD IN 'AS-IS' CONDITION.
Unit Size
1,286 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$110
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #72028698)

Price History

Date / Event Date Event Price
Jun 8, 2023 No longer available -
No longer available
Jun 2, 2023 Sold
Premium
Sold
Apr 19, 2023 In contract -
In contract
Apr 13, 2023 Listed by Cantave Realty Group, Inc. $399,900
Listed by Cantave Realty Group, Inc.
Oct 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,286
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,975
  • Total Building Area: 1,286
  • Gross Building Area: 2,644
  • Building Area: 1,286
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,286
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cumberland School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011302

Zoning

  • Zoning: R-1

Geography

  • Account Number: 3-0014-99
  • Parcel: CUMB M:008 B:0020 L:000
  • Block: 20
  • Municipality: CUMBERLAND
  • Latitude: 41.9224
  • Longitude: -71.3906

    Address

  • Full Address: 147 Hope St
  • Address - House Number: 147
  • Address - Street Name: Hope
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C080
  • 4-Digit Zip Code: 7227
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,800

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 426,408
  • High Value: 504,298
  • Low Value: 348,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $340,600
  • Assessed Land Value: $142,900
  • Assessed Improvements Value: $197,700

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 139079
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Valley Falls

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2005 ft²

Average Home Age

52.3 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72028698

Frequently Asked Questions

When was property at 147 Hope Street built and last sold?
The property at 147 Hope Street was built in 1950 and last sold on Jun 2, 2023 for $450,000.
How much is this home worth?
The estimated value of the home located at 147 Hope Street is $394,581.
What are some comparable homes to 147 Hope Street?
There are currently no comparable homes to 147 Hope Street.
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