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Valley Falls 02864
214 Hines Rd
$180,000
● House - Off Market

214 Hines Rd

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,504 Ft²
$497,446
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Enjoy and relax on your own little "Ponderosa"!  This 5 room, 3 bedroom Log cabin features wide plank floors, 1.5 baths, and a 2 car garage.  Subject to bank approved short sale.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$166
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1976

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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: 4 years ago (MLSPIN #70772505)

Price History

Date / Event Date Event Price
Oct 27, 2008 Sold
Premium
Sold
Jun 4, 2008 Listed by Coldwell Banker Realty $249,900
Listed by Coldwell Banker Realty
Feb 12, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 792
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,670
  • Total Building Area: 1,386
  • Gross Building Area: 2,700
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000750
  • 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: 011302

Zoning

  • Zoning: R-1

Geography

  • Account Number: 8880-62
  • Parcel: CUMB M:021 B:0341 L:000
  • Block: 341
  • Municipality: CUMBERLAND
  • Latitude: 41.945
  • Longitude: -71.3932

    Address

  • Full Address: 214 Hines Rd
  • Address - House Number: 214
  • Address - Street Name: Hines
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C096
  • 4-Digit Zip Code: 6169
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,500
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1358
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 84
  • Final Value: 431,437
  • High Value: 490,051
  • Low Value: 372,822

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356,700
  • Assessed Land Value: $171,000
  • Assessed Improvements Value: $185,700

    Sales

  • Current Sale Recording Date: Oct 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 12, 2001
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX

    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 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70772505

Frequently Asked Questions

When was property at 214 Hines Road built and last sold?
The property at 214 Hines Road was built in 1976 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 214 Hines Road is $0.
What are some comparable homes to 214 Hines Road?
There are currently no comparable homes to 214 Hines Road.
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