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Providence 02864
4 Frederick Lane
$481,000
● House - Off Market

4 Frederick Lane

Cumberland, RI 02864
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,324 Ft²
$823,719
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Prime Arnold Mills location on the North Attleboro line! Gracious center hall 5 bedroom colonial with floor plan that would easily accommodate an in law or au pere situation-  Fireplaced great room abuts kitchen on one side,and screened porch with new spacious deck ,and mud room on the other side-Staircase to fifth bedroom with bath over the 3 car garage-   Large recreation room in the lower level-as well as large utility room and workshop-  Walk up attic could be finished to add more rooms in the future-  Second floor has master suite / den (or 4th bedroom ) and 2 other bedrooms-  Nice private and flat backyard -  Easy show! Truly a beautiful home!
Unit Size
3,324 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$150
Property Type
House
Property Taxes
$726
HOA Dues
-
Year Built
1988

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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 #72034342)

Price History

Date / Event Date Event Price
Mar 17, 2017 Sold
Premium
Sold
Jul 7, 2016 Listed by Residential Properties Ltd $499,900
Listed by Residential Properties Ltd

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,612
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 3,324
  • Gross Building Area: 7,820
  • Building Area: 3,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,324
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • 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: 011404

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9215-69
  • Parcel: CUMB M:023 B:0148 L:000
  • Block: 148
  • Municipality: CUMBERLAND
  • Latitude: 41.9623
  • Longitude: -71.3815

    Address

  • Full Address: 4 Frederick Ln
  • Address - House Number: 4
  • Address - Street Name: Frederick
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R002
  • 4-Digit Zip Code: 4231
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $912,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 784,668
  • High Value: 916,537
  • Low Value: 652,799

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $785,200
  • Assessed Land Value: $183,400
  • Assessed Improvements Value: $601,800

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Price:
    Premium
  • Current 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

2457 ft²

Average Home Age

68.8 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72034342

Frequently Asked Questions

When was property at 4 Frederick Lane built and last sold?
The property at 4 Frederick Lane was built in 1988 and last sold on Jan 1, 1970 for $481,000.
How much is this home worth?
The estimated value of the home located at 4 Frederick Lane is $503,959.
What are some comparable homes to 4 Frederick Lane?
There are currently no comparable homes to 4 Frederick Lane.
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