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Valley Falls 02864
34 Chestnut Street
Photo of 34 Chestnut Street
Sold on May 31, 2006

1

Map

$260,000
● House - Off Market

34 Chestnut Street

Cumberland, RI 02864
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,130 Ft²
$445,931
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

House shows LIKE NEW. Nothing to be done here...just move right in! Open floor plan with cathedral ceilings in kitchen, family room and full bath with skylight, fully applianced kitchen, neutral decor, new wall-to-wall carpeting, security system, finished lower level with rec room and separate office (included in GLA).  Vinyl siding, fenced yard, neighborhood setting and convenient commuter location. WOW - You won't be disappointed!
Unit Size
1,130 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$234
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1995

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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: 5 months ago (MLSPIN #70333643)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 14, 2020 Sold
Premium
Sold
Jul 2, 2020 In contract -
In contract
Jun 25, 2020 Listed $299,900
Listed
Sep 4, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,229
  • Total Building Area: 818
  • Gross Building Area: 1,834
  • Building Area: 818
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 818
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 011301

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9991-49
  • Parcel: CUMB M:016 B:0437 L:000
  • Block: 437
  • Municipality: CUMBERLAND
  • Latitude: 41.9269
  • Longitude: -71.401

    Address

  • Full Address: 34 Chestnut St
  • Address - House Number: 34
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C093
  • 4-Digit Zip Code: 6312
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $346,200

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 336,674
  • High Value: 393,255
  • Low Value: 280,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,900
  • Assessed Land Value: $129,700
  • Assessed Improvements Value: $168,200

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116289
  • Previous Sale Recording Date: Sep 04, 2015
  • Previous Sale Amount: $231,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70333643

Frequently Asked Questions

When was property at 34 Chestnut Street built and last sold?
The property at 34 Chestnut Street was built in 1995 and last sold on Aug 14, 2020 for $320,500.
How much is this home worth?
The estimated value of the home located at 34 Chestnut Street is $310,536.
What are some comparable homes to 34 Chestnut Street?
There are currently no comparable homes to 34 Chestnut Street.
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