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Bristol 02864
2 Abbott Run Valley Rd
$325,000
● House - Off Market

2 Abbott Run Valley Rd

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$580,489
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Wonderfully situated 1930's Colonial, screened porch overlooks park-like setting on 2.74 acres, updated septic, newer roof, mahogany accents - convenient to route 1, 295, 95 - acreage incl .72 acre parcel front yard in N. Attl.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
2.05 acres
Price per sqft
$197
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #71970739)

Price History

Date / Event Date Event Price
May 11, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by RE/MAX Town & Country $339,900
Listed by RE/MAX Town & Country
Jul 27, 1992 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 89,298
  • Total Building Area: 1,728
  • Gross Building Area: 2,979
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002050
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9187-48
  • Parcel: CUMB M:017 B:0037 L:000
  • Block: 37
  • Municipality: CUMBERLAND
  • Latitude: 41.9476
  • Longitude: -71.3827

    Address

  • Full Address: 2 Abbott Run Valley Rd
  • Address - House Number: 2
  • Address - Street Name: Abbott Run Valley
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R006
  • 4-Digit Zip Code: 3291
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,000

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 468,701
  • High Value: 532,305
  • Low Value: 405,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $386,400
  • Assessed Land Value: $182,900
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Recording Date: May 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 27, 1992
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 71

    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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2315 ft²

Average Home Age

71.5 years

Currently For Sale

1116 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: 4 months ago
Data Source: MLS PIN, MLS# 71970739

Frequently Asked Questions

When was property at 2 Abbott Run Valley Road built and last sold?
The property at 2 Abbott Run Valley Road was built in 1930 and last sold on Jan 1, 1970 for $324,000.
How much is this home worth?
The estimated value of the home located at 2 Abbott Run Valley Road is $353,295.
What are some comparable homes to 2 Abbott Run Valley Road?
There are currently no comparable homes to 2 Abbott Run Valley Road.
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