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Providence 02864
40 Bourque Rd
Photo of 40 Bourque Rd
Sold on Aug 13, 2010

1

Map

$405,000
● House - Off Market

40 Bourque Rd

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$902,084
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

AMAZING NEW PRICING!  SPACIOUS HOME WITH UPGRADES!  2300 SQ FT COLONIAL OFFERING A FIREPLACED FAMILY ROOM, GORGEOUS MASTER SUITE, GREAT ROOM ON SECOND LEVEL, ATTACHED 2 CAR GARAGE....HURRY!
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
2008

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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: 2 years ago (MLSPIN #71055229)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Sep 18, 2020 No longer available -
No longer available
Sep 7, 2020 Listed $600,000
Listed
Aug 10, 2010 Sold
Premium
Sold
Mar 29, 2010 Listed $419,900
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 896
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,261
  • Gross Building Area: 4,708
  • Building Area: 2,261
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,261
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011405

Geography

  • Account Number: 9993-47
  • Parcel: CUMB M:027 B:0362 L:000
  • Block: 362
  • Municipality: CUMBERLAND
  • Latitude: 41.9569
  • Longitude: -71.4126

    Address

  • Full Address: 40 Bourque Rd
  • Address - House Number: 40
  • Address - Street Name: Bourque
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R009
  • 4-Digit Zip Code: 2843
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $756,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 663,693
  • High Value: 775,231
  • Low Value: 552,155

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $651,400
  • Assessed Land Value: $208,500
  • Assessed Improvements Value: $442,900

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 118604
  • Previous Sale Recording Date: Aug 10, 2010
  • Previous Sale Amount: $405,000
  • 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 Providence

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2480 ft²

Average Home Age

68.4 years

Currently For Sale

103 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: 2 years ago
Data Source: MLS PIN, MLS# 71055229

Frequently Asked Questions

When was property at 40 Bourque Road built and last sold?
The property at 40 Bourque Road was built in 2008 and last sold on Oct 30, 2020 for $650,000.
How much is this home worth?
The estimated value of the home located at 40 Bourque Road is $0.
What are some comparable homes to 40 Bourque Road?
There are currently no comparable homes to 40 Bourque Road.
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