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Providence 02864
28 Bourque Road
$525,000
● House - Off Market

28 Bourque Road

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,569 Ft²
$851,411
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Welcome to The New Great Woods. Similar to be built...NEW CONSTRUCTION 4 Bedrooms, 2.5 Bathrooms, Full Basement, & 2 Car Garage. Home is over 2,500 Square Feet & Features Hardwood Floors throughout the first floor along with Hardwood Staircase, Hardwood 2nd floor Hallway, & Hardwood Master Bedroom. Custom kitchen features Upgraded Cabinets, Granite Countertops, Stainless Steel Appliances, Crown Molding, & Dining area with Glass Sliding Doors to the Deck.
Unit Size
2,569 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015

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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 #71753375)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Feb 25, 2021 No longer available -
No longer available
Feb 18, 2021 Listed by New World Realty $689,900
Listed by New World Realty
Mar 26, 2020 Sold
Premium
Sold
Mar 17, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,546
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Total Building Area: 2,761
  • Gross Building Area: 6,046
  • Building Area: 2,761
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,761
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000980
  • 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: 011405

Zoning

  • Zoning: A-2

Geography

  • Account Number: 1-0007-46
  • Parcel: CUMB M:027 B:0014 L:000
  • Block: 14
  • Municipality: CUMBERLAND
  • Latitude: 41.9574
  • Longitude: -71.4126

    Address

  • Full Address: 28 Bourque Rd
  • Address - House Number: 28
  • Address - Street Name: Bourque
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R009
  • 4-Digit Zip Code: 2843
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $888,500

    Appraisal Valuation

  • Standard Deviation: 0.1827
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 805,675
  • High Value: 952,941
  • Low Value: 658,409

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $764,600
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $539,600

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 123334
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 26, 2020
  • Previous Sale Amount: $636,000
  • Previous 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:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2454 ft²

Average Home Age

69.5 years

Currently For Sale

98 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# 71753375

Frequently Asked Questions

When was property at 28 Bourque Road built and last sold?
The property at 28 Bourque Road was built in 2015 and last sold on Apr 16, 2021 for $720,000.
How much is this home worth?
The estimated value of the home located at 28 Bourque Road is $703,843.
What are some comparable homes to 28 Bourque Road?
There are currently no comparable homes to 28 Bourque Road.
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