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Valley Falls 02864
16 Oak Hill Dr
$272,000
● House - Off Market

16 Oak Hill Dr

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,306 Ft²
$437,070
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Great flowing Ranch with open floor plan and spacious rooms. Picture window overlooks a 1/2 Acre lot on a private dead end street. Oversized Master bedroom with double closets.  Beautiful Hardwood floors throughout.  Living room has a new pellet stove and Wood burning fireplace.  Partially finished basement with Full walkout to patio. New Heating system, updated electrical newer roof. Connected to town sewer and water.  Under 5 minutes to highways and the "T".
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$211
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1954

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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: 4 years ago (MLSPIN #72233802)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Nov 14, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Sankey Real Estate $355,000
Listed by Sankey Real Estate
Dec 15, 2017 Sold
Premium
Sold
Sep 25, 2017 Listed by Sankey Real Estate $275,900
Listed by Sankey Real Estate

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 1,306
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,392
  • Total Building Area: 1,306
  • Gross Building Area: 2,727
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000537
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: 1-0007-77
  • Parcel: CUMB M:019 B:0067 L:000
  • Block: 67
  • Municipality: CUMBERLAND
  • Latitude: 41.9246
  • Longitude: -71.3896

    Address

  • Full Address: 16 Oak Hill Dr
  • Address - House Number: 16
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C080
  • 4-Digit Zip Code: 6646
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 439,051
  • High Value: 514,954
  • Low Value: 363,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,200
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $210,400

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 123748
  • Previous Sale Recording Date: Nov 14, 2019
  • Previous Sale Contract Date: Nov 14, 2019
  • Previous Sale Amount: $337,000
  • 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:

$489,900

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2217 ft²

Average Home Age

74.8 years

Currently For Sale

4 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72233802

Frequently Asked Questions

When was property at 16 Oak Hill Drive built and last sold?
The property at 16 Oak Hill Drive was built in 1954 and last sold on Apr 29, 2021 for $392,500.
How much is this home worth?
The estimated value of the home located at 16 Oak Hill Drive is $364,088.
What are some comparable homes to 16 Oak Hill Drive?
There are currently no comparable homes to 16 Oak Hill Drive.
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