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Valley Falls 02864
149 Minerva Ave
$200,000
● House - Off Market

149 Minerva Ave

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$345,526
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

This is the one you have been waiting for - Charming 3 bedroom ranch style home with a fenced in yard located in a lovely neighborhood on a dead end street. Many upgrades have already been done for you, granite counter tops, ceramic tile floors. Hardwood floors were refinished, and new carpeting in the 3rd bedroom. Seller has also updated the furnace,and insulated the attic, and put a new roof over the carport within the past year. The main roof and insulated glass windows are less than 10 yrs old. This is single floor living at its best, and it also offers a bonus room in its partially finished basement. This home is a must see...
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$203
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #72050631)

Price History

Date / Event Date Event Price
Oct 14, 2016 Sold
Premium
Sold
Aug 9, 2016 Listed by RE/MAX Real Estate Center $204,900
Listed by RE/MAX Real Estate Center
Mar 27, 2001 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,008
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,008
  • Gross Building Area: 2,292
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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: 011200

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9194-74
  • Parcel: CUMB M:009 B:0569 L:000
  • Block: 569
  • Municipality: CUMBERLAND
  • Latitude: 41.9167
  • Longitude: -71.3895

    Address

  • Full Address: 149 Minerva Ave
  • Address - House Number: 149
  • Address - Street Name: Minerva
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C098
  • 4-Digit Zip Code: 7511
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,300

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 381,722
  • High Value: 445,803
  • Low Value: 317,641

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,100
  • Assessed Land Value: $132,300
  • Assessed Improvements Value: $177,800

    Sales

  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 27, 2001
  • Previous Sale Amount: $114,500
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

$263

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1559 ft²

Average Home Age

15.5 years

Currently For Sale

2 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# 72050631

Frequently Asked Questions

When was property at 149 Minerva Avenue built and last sold?
The property at 149 Minerva Avenue was built in 1957 and last sold on Jan 1, 1970 for $200,000.
How much is this home worth?
The estimated value of the home located at 149 Minerva Avenue is $210,379.
What are some comparable homes to 149 Minerva Avenue?
There are currently no comparable homes to 149 Minerva Avenue.
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