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Cumberland Hill 02864
37 2nd Ave
$245,000
● House - Off Market

37 2nd Ave

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,792 Ft²
$422,910
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

MOTIVATED SELLERS! Beautiful 3 bedroom 1 ½ bath colonial sprawled over 1750+ square feet of living space. With over an acre of land & brick patio off the back of the house, it has plenty of space to entertain and enjoy cookouts ect. The first floor has the kitchen with generous cabinet space, dining room, living room & half bath with laundry! Second floor has the 3 bedrooms and a full bath. The basement has a partially finished room with outside access. Separate 1 car detached garage. Don't miss out on this opportunity to buy this great home. Great for commuters, close to route 146, right off Rt. 99. This is an estate sale.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$140
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1949

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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: 4 months ago (MLSPIN #71947779)

Price History

Date / Event Date Event Price
Jul 20, 2016 Sold
Premium
Sold
Jan 12, 2016 Listed by Clients Realty $250,000
Listed by Clients Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 896
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,792
  • Gross Building Area: 2,750
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9192-19
  • Parcel: CUMB M:053 B:0355 L:000
  • Block: 355
  • Municipality: CUMBERLAND
  • Latitude: 41.9835
  • Longitude: -71.4822

    Address

  • Full Address: 37 2nd Ave
  • Address - House Number: 37
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C090
  • 4-Digit Zip Code: 1846
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,000

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 473,220
  • High Value: 537,436
  • Low Value: 409,003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $412,200
  • Assessed Land Value: $170,200
  • Assessed Improvements Value: $242,000

    Sales

  • Current Sale Recording Date: May 20, 2010
  • Current Sale Document Type: 27
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 Cumberland Hill

Stats & Trends

Median Asking:

$499,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2011 ft²

Average Home Age

153.5 years

Currently For Sale

2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71947779

Frequently Asked Questions

When was property at 37 2nd Avenue built and last sold?
The property at 37 2nd Avenue was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 37 2nd Avenue is $275,661.
What are some comparable homes to 37 2nd Avenue?
There are currently no comparable homes to 37 2nd Avenue.
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