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Cumberland Hill 02864
16 Roberts Street
$450,000
● House - Off Market

16 Roberts Street

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,548 Ft²
$429,927
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Sprawling ranch in a lovely, quiet neighborhood close to all conveniences and with a wide-open floorplan! Gleaming hardwoods throughout begin in the large, sun filled living room with a gorgeous grey brick, floor to ceiling fireplace! Amazing, updated kitchen with quartz counters & island, tumbled tile & grey brick backsplash, stainless steel appliances, recessed lighting and is open to very spacious dining room with beautiful built-ins and enough room for your largest gatherings! Dining is open to spacious sunken family room that walks out to the enormous, brick patio/fireplace and the pretty fenced yard. Add to that-3 good sized bedrooms and the updated bath. The lower has some framing and a rough bath for future finishing. See to believe!
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$275
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #72974828)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
May 2, 2022 Listed by HomeSmart Professionals Real Estate $425,000
Listed by HomeSmart Professionals Real Estate
Oct 6, 2021 No longer available -
No longer available
Oct 5, 2021 Sold
Premium
Sold
Sep 11, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 1,056
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,056
  • Gross Building Area: 2,844
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 3-0009-43
  • Parcel: CUMB M:054 B:0406 L:000
  • Block: 406
  • Municipality: CUMBERLAND
  • Latitude: 41.967
  • Longitude: -71.457

    Address

  • Full Address: 16 Roberts St
  • Address - House Number: 16
  • Address - Street Name: Roberts
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C089
  • 4-Digit Zip Code: 3419
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,000

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 74
  • Final Value: 417,509
  • High Value: 499,063
  • Low Value: 335,955

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,200
  • Assessed Land Value: $160,100
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Contract Date: Jun 06, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 133495
  • Previous Sale Recording Date: Oct 05, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $390,000
  • 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 Cumberland Hill

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$274

Above Asking

0.00%

Average Days on Market

60

Average Home Size

2404 ft²

Average Home Age

246 years

Currently For Sale

1 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: 5 months ago
Data Source: MLS PIN, MLS# 72974828

Frequently Asked Questions

When was property at 16 Roberts Street built and last sold?
The property at 16 Roberts Street was built in 1959 and last sold on Jun 6, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 16 Roberts Street is $432,034.
What are some comparable homes to 16 Roberts Street?
There are currently no comparable homes to 16 Roberts Street.
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