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Cumberland Hill 02864
20 Edgewood Avenue
$400,000
● House - Off Market

20 Edgewood Avenue

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$426,478
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Pride in ownership positively shows in this very clean one owner property located in Cumberland Hill. Home features a sought after first floor bedroom/den or office with convenient combination full bath & laundry. Living room with beautiful hardwood floor and Gas Fireplace. Oversized eat-in-kitchen with tile floor, bright oak cabinets, breakfast nook and large formal dining area. All first floor custom window treatments to remain with property. Second floor Master bedroom with his & hers closets and another front to back bedroom and full bath. Slider access off the kitchen and dining area to the pressure treated deck, paver patio and nicely landscaped fenced in yard. Minutes to major highways and shopping. This is a must see property! Call today for a scheduled showing.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$253
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
2002

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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: 5 years ago (MLSPIN #72827257)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 6, 2021 Listed by RE/MAX Town & Country $369,000
Listed by RE/MAX Town & Country
Feb 10, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 832
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,358
  • Total Building Area: 1,456
  • Gross Building Area: 2,764
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 1-0009-24
  • Parcel: CUMB M:053 B:0413 L:000
  • Block: 413
  • Municipality: CUMBERLAND
  • Latitude: 41.9794
  • Longitude: -71.4741

    Address

  • Full Address: 20 Edgewood Ave
  • Address - House Number: 20
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C082
  • 4-Digit Zip Code: 1959
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,400

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 444,552
  • High Value: 519,262
  • Low Value: 369,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,100
  • Assessed Land Value: $126,700
  • Assessed Improvements Value: $245,400

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 125430
  • Previous Sale Recording Date: Feb 10, 2003
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: 27
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:

$502,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2508 ft²

Average Home Age

141.5 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: 5 years ago
Data Source: MLS PIN, MLS# 72827257

Frequently Asked Questions

When was property at 20 Edgewood Avenue built and last sold?
The property at 20 Edgewood Avenue was built in 2002 and last sold on Jun 29, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 20 Edgewood Avenue is $375,519.
What are some comparable homes to 20 Edgewood Avenue?
There are currently no comparable homes to 20 Edgewood Avenue.
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