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Providence 02864
4 Thomas Drive
$378,000
● House - Off Market

4 Thomas Drive

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,571 Ft²
$696,842
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

A MUST SEE! LIKE NEW IN & OUT. SPACIOUS 4 BD CAPE, BEAUTIFUL CHERRY KIT. W/ GRANITE COUNTERS, GLEAMING HARDWOODS, FORMAL DINING RM. FIRE PLACED LIVING ROOM, 1ST FLOOR BEDROOM & LAUNDRY, FAMILY ROOM W/ SLIDERS, 3 CAR GARAGE W/ LOFT, 3/4 ACRE LOT.
Unit Size
2,571 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$146
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1945

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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 #71652365)

Price History

Date / Event Date Event Price
Jun 11, 2014 Sold
Premium
Sold
Mar 31, 2014 Listed by Century 21 Goncalves Realty $374,900
Listed by Century 21 Goncalves Realty
Dec 17, 2008 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,116
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 2,437
  • Gross Building Area: 4,418
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • 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: 011405

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9112-15
  • Parcel: CUMB M:028 B:0022 L:000
  • Block: 22
  • Municipality: CUMBERLAND
  • Latitude: 41.9669
  • Longitude: -71.4026

    Address

  • Full Address: 4 Thomas Dr
  • Address - House Number: 4
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R007
  • 4-Digit Zip Code: 2908
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,600

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 585,463
  • High Value: 683,854
  • Low Value: 487,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,200
  • Assessed Land Value: $169,600
  • Assessed Improvements Value: $332,600

    Sales

  • Current Sale Recording Date: Jun 11, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 72448
  • Previous Sale Recording Date: Dec 17, 2008
  • Previous Sale Amount: $268,400
  • 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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2454 ft²

Average Home Age

69.5 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# 71652365

Frequently Asked Questions

When was property at 4 Thomas Drive built and last sold?
The property at 4 Thomas Drive was built in 1945 and last sold on Jan 1, 1970 for $378,000.
How much is this home worth?
The estimated value of the home located at 4 Thomas Drive is $395,106.
What are some comparable homes to 4 Thomas Drive?
There are currently no comparable homes to 4 Thomas Drive.
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