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Valley Falls 02864
161 Marshall Ave.
$214,000
● House - Off Market

161 Marshall Ave.

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,214 Ft²
$383,324
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Priced to sell quickly.  3 to 4 bedroom Cape with 3 full bathrooms. Close to all major highways, shopping, and public transportation.  Open floor plan with sunken living room features cathedral ceiling, gas fireplace, skylights, recessed lighting, and patio door out to a private deck with a fenced in yard.  Paved driveway and parking for 4 to 6 cars.  New roof, new entrance door and new vinyl siding.  In-law apartment set up on second floor with a second full kitchen and full bathroom with 2 bedrooms for an expanded family.  Seller is very motivated to sell fast.  All reasonable offers considered.
Unit Size
2,214 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$98
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1967

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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 #71939571)

Price History

Date / Event Date Event Price
Feb 19, 2016 Sold
Premium
Sold
Dec 8, 2015 Listed by KAM Realty $217,900
Listed by KAM Realty
Apr 3, 2013 Sold
Premium
Sold
Nov 20, 2010 Listed by ERA Key Realty Services $350,000
Listed by ERA Key Realty Services
Charming Cape on Corner Lot,Comes with Two Buildable lots sewer and water . Kitchen opens to Dinning,Family and Hot Tub room.Looks out at an inground pool and patio.Great for outdoor entertaining.

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 966
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 1,980
  • Gross Building Area: 3,582
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 011301

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9184-12
  • Parcel: CUMB M:016 B:0143 L:000
  • Block: 143
  • Municipality: CUMBERLAND
  • Latitude: 41.923
  • Longitude: -71.4023

    Address

  • Full Address: 161 Marshall Ave
  • Address - House Number: 161
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C097
  • 4-Digit Zip Code: 6407
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 502,573
  • High Value: 589,458
  • Low Value: 415,689

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,500
  • Assessed Land Value: $121,000
  • Assessed Improvements Value: $267,500

    Sales

  • Current Sale Recording Date: Feb 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 03, 2013
  • Previous Sale Amount: $185,000
  • 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71939571

Frequently Asked Questions

When was property at 161 Marshall Avenue built and last sold?
The property at 161 Marshall Avenue was built in 1967 and last sold on Jan 1, 1970 for $214,000.
How much is this home worth?
The estimated value of the home located at 161 Marshall Avenue is $239,251.
What are some comparable homes to 161 Marshall Avenue?
There are currently no comparable homes to 161 Marshall Avenue.
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