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Providence 02864
4 Pinewood Lane
$490,000
● House - Off Market

4 Pinewood Lane

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,000 Ft²
$852,203
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Pristine Colonial Tudor, impeccably updated & maintained sits on over 1/2 acre on private Arnold Mills cul-de-sac. 1st level features hardwoods, 2 wood burning fireplaces, updated granite & stainless kitchen, mudroom & laundry. All new carpets, paint & lighting, new heat & air conditioning. A move-in ready truly special home!
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$166
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1984

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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 #71970050)

Price History

Date / Event Date Event Price
May 25, 2016 Sold
Premium
Sold
Mar 10, 2016 Listed by Residential Properties Ltd $499,000
Listed by Residential Properties Ltd
Apr 4, 2014 Sold
Premium
Sold
Oct 29, 2013 Listed by Residential Properties Ltd $458,000
Listed by Residential Properties Ltd
Feb 18, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 1,180
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,221
  • Total Building Area: 2,083
  • Gross Building Area: 4,885
  • Building Area: 2,083
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,083
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000579
  • 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: 9187-90
  • Parcel: CUMB M:023 B:0102 L:000
  • Block: 102
  • Municipality: CUMBERLAND
  • Latitude: 41.9639
  • Longitude: -71.3836

    Address

  • Full Address: 4 Pinewood Ln
  • Address - House Number: 4
  • Address - Street Name: Pinewood
  • Address - Suffix Type: Ln
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R002
  • 4-Digit Zip Code: 4225
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $699,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 652,245
  • High Value: 761,739
  • Low Value: 542,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $601,600
  • Assessed Land Value: $203,400
  • Assessed Improvements Value: $398,200

    Sales

  • Current Sale Recording Date: May 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 04, 2014
  • Previous Sale Amount: $452,500
  • 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 Providence

Stats & Trends

Median Asking:

$489,950

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2468 ft²

Average Home Age

66.6 years

Currently For Sale

106 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# 71970050

Frequently Asked Questions

When was property at 4 Pinewood Lane built and last sold?
The property at 4 Pinewood Lane was built in 1984 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 4 Pinewood Lane is $517,519.
What are some comparable homes to 4 Pinewood Lane?
There are currently no comparable homes to 4 Pinewood Lane.
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