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Valley Falls 02864
31 Meadow Ave
$190,000
● House - Off Market

31 Meadow Ave

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,504 Ft²
$418,918
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Meticulously maintained and updated farmhouse style colonial on a publicly maintained side street with no pass thru. This house is full of charm with 2 stained glass feature windows, beamed ceilings and gorgeous Canadian  pine floors. Second level has full bath, master closet, 2 bedrooms and nursery/office that could easily be 4th bedroom- all with pine floors. First level has a full bath and large carpeted bedroom,pine  LR,open kitchen, and sunken dining room with wood stove w/summer fan setting. Well landscaped and manicured fenced in yard  17 x 14 deck and AG pool.2 sheds. New roof  RISE Energy upgraded. Pride of ownership apparent! Last house on the right.
Unit Size
1,504 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$143
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71583734)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Oct 14, 2016 Sold
Premium
Sold
Dec 2, 2013 Sold
Premium
Sold
Sep 16, 2013 Listed by By Request Realty $214,900
Listed by By Request Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 1,336
  • Gross Building Area: 2,430
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 3-0008-20
  • Parcel: CUMB M:009 B:0062 L:000
  • Block: 62
  • Municipality: CUMBERLAND
  • Latitude: 41.9198
  • Longitude: -71.3954

    Address

  • Full Address: 31 Meadow Ave
  • Address - House Number: 31
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C086
  • 4-Digit Zip Code: 6518
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $376,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 403,213
  • High Value: 478,147
  • Low Value: 328,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,100
  • Assessed Land Value: $134,200
  • Assessed Improvements Value: $189,900

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 132593
  • Previous Sale Recording Date: Oct 14, 2016
  • Previous Sale Amount: $195,000
  • 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 Valley Falls

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$294

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1977 ft²

Average Home Age

63.4 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 71583734

Frequently Asked Questions

When was property at 31 Meadow Avenue built and last sold?
The property at 31 Meadow Avenue was built in 1900 and last sold on Apr 20, 2022 for $356,000.
How much is this home worth?
The estimated value of the home located at 31 Meadow Avenue is $224,345.
What are some comparable homes to 31 Meadow Avenue?
There are currently no comparable homes to 31 Meadow Avenue.
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