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Valley Falls 02864
232 Williams
Photo of 232 Williams
Sold on Jul 30, 2007

1

Map

$249,000
● House - Off Market

232 Williams

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$422,317
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

AFFORDABLE LIVING! THIS 3-4 BED, 2 FULL BATH CAPE OFFERS MAINTENANCE FREE LIVING.  HARDWOODS, AIR, VINYL, NEWER ROOF, REPLACEMENT WINDOWS, PARTIALLY FINISHED LOWER LEVEL, FENCED YARD & PATIO. ENJOY A SHORT MORNING COMMUTE TO TRAIN STATION AND MAJOR HIGHWAYS.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$182
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #70584329)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
Jul 30, 2007 Sold
Premium
Sold
May 23, 2007 Listed $245,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,344
  • Gross Building Area: 2,325
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 9192-07
  • Parcel: CUMB M:010 B:0158 L:000
  • Block: 158
  • Municipality: CUMBERLAND
  • Latitude: 41.9225
  • Longitude: -71.3935

    Address

  • Full Address: 232 Williams St
  • Address - House Number: 232
  • Address - Street Name: Williams
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C098
  • 4-Digit Zip Code: 7128
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,100

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 391,363
  • High Value: 457,134
  • Low Value: 325,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,500
  • Assessed Land Value: $125,400
  • Assessed Improvements Value: $199,100

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 30, 2007
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2256 ft²

Average Home Age

95.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70584329

Frequently Asked Questions

When was property at 232 Williams Street built and last sold?
The property at 232 Williams Street was built in 1959 and last sold on Jan 1, 1970 for $242,000.
How much is this home worth?
The estimated value of the home located at 232 Williams Street is $251,409.
What are some comparable homes to 232 Williams Street?
There are currently no comparable homes to 232 Williams Street.
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