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Providence 02864
24 Riverview Drive
Photo of 24 Riverview Drive
Sold on Oct 30, 2008

1

Map

$345,000
● House - Off Market

24 Riverview Drive

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,057 Ft²
$696,504
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

THIS PRISTINE COLONIAL ON QUIET CUL-DE-SAC FEATURES 3 BEDS, 2.5 BATHS, CENTRAL AIR, 2ND FLOOR NURSERY/OFFICE, ATTRACTIVELY FINISHED LOWER & QUARTZ KITCHEN COUNTERTOPS. EXPANDED DECK ABUTS PRIVATE, WOODED CONSERVATION LAND. EASH HIGHWAY AND COMMUTER ACCESS.
Unit Size
2,057 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$170
Property Type
House
Property Taxes
$331
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: 4 months ago (MLSPIN #70816107)

Price History

Date / Event Date Event Price
Oct 30, 2008 Sold
Premium
Sold
Sep 5, 2008 Listed $349,900
Listed
Jun 24, 2005 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 816
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,416
  • Total Building Area: 1,700
  • Gross Building Area: 3,207
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000308
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Pawtucket School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011301

Zoning

  • Zoning: I-1

Geography

  • Account Number: 8881-95
  • Parcel: CUMB M:015 B:0063 L:000
  • Block: 63
  • Municipality: CUMBERLAND
  • Latitude: 41.9233
  • Longitude: -71.4146

    Address

  • Full Address: 24 Riverview Dr
  • Address - House Number: 24
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C097
  • 4-Digit Zip Code: 5427
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $562,100

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 483,097
  • High Value: 564,285
  • Low Value: 401,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,700
  • Assessed Land Value: $165,700
  • Assessed Improvements Value: $318,000

    Sales

  • Current Sale Recording Date: Oct 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 24, 2005
  • Previous Sale Amount: $378,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2457 ft²

Average Home Age

69.8 years

Currently For Sale

97 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70816107

Frequently Asked Questions

When was property at 24 Riverview Drive built and last sold?
The property at 24 Riverview Drive was built in 2002 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 24 Riverview Drive is $371,536.
What are some comparable homes to 24 Riverview Drive?
There are currently no comparable homes to 24 Riverview Drive.
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