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Valley Falls 02864
4 Garden St
$415,000
● House - Off Market

4 Garden St

Cumberland, RI 02864
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,386 Ft²
$2,278
Est. Monthly

About This Property

Welcome home! Nestled in a desirable Cumberland location, this move-in ready single-family property exudes pride of ownership. You'll love the layout, spaciousness, and modern features, including updated bathrooms and a stylish kitchen. Every aspect of this property has been thoughtfully designed and maintained. Don't wait-schedule your visit today!
Unit Size
1,386 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$289
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1948

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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: 6 months ago (MLSPIN #73268388)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Premium
Sold
Sep 17, 2024 In contract -
In contract
Jul 23, 2024 Listed by Keller Williams South Watuppa $399,900
Listed by Keller Williams South Watuppa
Mar 29, 2017 Sold
Premium
Sold
Mar 1, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 4
  • 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: 792
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,013
  • Total Building Area: 1,386
  • Gross Building Area: 2,493
  • Building Area: 1,386
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 9215-65
  • Parcel: CUMB M:016 B:0515 L:000
  • Block: 515
  • Municipality: CUMBERLAND
  • Latitude: 41.9217
  • Longitude: -71.4055

    Address

  • Full Address: 4 Garden St
  • Address - House Number: 4
  • Address - Street Name: Garden
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C097
  • 4-Digit Zip Code: 6306
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 388,467
  • High Value: 453,751
  • Low Value: 323,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,500
  • Assessed Land Value: $122,300
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Recording Date: Mar 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Amount: $215,000
  • Previous 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 Valley Falls

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$263

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1559 ft²

Average Home Age

15.5 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

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73268388

Frequently Asked Questions

When was property at 4 Garden Street built and last sold?
The property at 4 Garden Street was built in 1948 and last sold on Jan 1, 1970 for $210,000.
How much is this home worth?
The estimated value of the home located at 4 Garden Street is $401,449.
What are some comparable homes to 4 Garden Street?
There are currently no comparable homes to 4 Garden Street.
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