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Providence 02864
2569 Diamond Hill Rd
$389,000
● House - Off Market

2569 Diamond Hill Rd

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$646,159
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Well kept colonial located on the corner of Diamond Hill Road and Owen Drive. This 4 bedroom 2.5 bath home boasts over 2500 square feet and a gorgeous chefs kitchen. Gleaming hardwoods throughout the first floor along with granite countertops, wood burning fireplace, and enclosed porch. Some great features of this property include central vac, overhead chefs vent in kitchen, and detailed backsplash. Large private yard with a gorgeous stone wall around the entire front yard. Backyard has a large double deck with fresh paint.
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$148
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1986

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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: 6 months ago (MLSPIN #72072176)

Price History

Date / Event Date Event Price
May 18, 2017 Sold
Premium
Sold
Sep 23, 2016 Listed by New World Realty $399,900
Listed by New World Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 1,040
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 2,412
  • Gross Building Area: 4,316
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • 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: 011404

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9217-08
  • Parcel: CUMB M:024 B:0129 L:000
  • Block: 129
  • Municipality: CUMBERLAND
  • Latitude: 41.9607
  • Longitude: -71.4011

    Address

  • Full Address: 2569 Diamond Hill Rd
  • Address - House Number: 2569
  • Address - Street Name: Diamond Hill
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C094
  • 4-Digit Zip Code: 4130
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 646,947
  • High Value: 758,491
  • Low Value: 535,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,200
  • Assessed Land Value: $155,000
  • Assessed Improvements Value: $377,200

    Sales

  • Current Sale Recording Date: May 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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:

$499,000

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2491 ft²

Average Home Age

67.2 years

Currently For Sale

103 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72072176

Frequently Asked Questions

When was property at 2569 Diamond Hill Road built and last sold?
The property at 2569 Diamond Hill Road was built in 1986 and last sold on Jan 1, 1970 for $389,000.
How much is this home worth?
The estimated value of the home located at 2569 Diamond Hill Road is $419,919.
What are some comparable homes to 2569 Diamond Hill Road?
There are currently no comparable homes to 2569 Diamond Hill Road.
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