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Valley Falls 02864
33 Old Willis Road
$275,000
● House - Off Market

33 Old Willis Road

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$381,013
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

LIGHT and BRIGHT - 5 Room, 3 Bedroom, 1 Bath Ranch. One level living.  Kitchen with natural wood cabinets, stainless refrigerator, double sink, ceiling light and fan, electric stove with separate dining area. Large Living Room with picture window and wall to wall carpet over hardwood floor.  Three Bedrooms with hardwood floors.  Ceiling lights and fans, cedar closet.  Full Bath with pedestal sink, glass door tub and tiled shower, tiled walls and floor and linen closet.  Replacement windows.  Central Air, Public water, Public sewer, Full unfinished lower level laundry and walk out to large open yard.  Neighborhood setting.  Call today for more information!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$279
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1961

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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 years ago (MLSPIN #72736877)

Price History

Date / Event Date Event Price
Dec 14, 2020 Sold
Premium
Sold
Oct 2, 2020 Listed by Cross Real Estate $290,000
Listed by Cross Real Estate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Total Building Area: 1,040
  • Gross Building Area: 2,080
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000242
  • 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: 9994-53
  • Parcel: CUMB M:008 B:0216 L:000
  • Block: 216
  • Municipality: CUMBERLAND
  • Latitude: 41.9235
  • Longitude: -71.3882

    Address

  • Full Address: 33 Old Willis Rd
  • Address - House Number: 33
  • Address - Street Name: Old Willis
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C080
  • 4-Digit Zip Code: 6624
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 366,764
  • High Value: 428,402
  • Low Value: 305,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,600
  • Assessed Land Value: $144,900
  • Assessed Improvements Value: $143,700
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72736877

Frequently Asked Questions

When was property at 33 Old Willis Road built and last sold?
The property at 33 Old Willis Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 33 Old Willis Road is $0.
What are some comparable homes to 33 Old Willis Road?
There are currently no comparable homes to 33 Old Willis Road.
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