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Valley Falls 02864
43 Bear Hill Road
$340,000
● House - Off Market

43 Bear Hill Road

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,138 Ft²
$596,030
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Pristine center hall Colonial with updated granite kitchen & baths,fireplace living room, crown moldings, cathedral family room with full brick wall, pellet stove, hardwoods, newer gas heat and air, fenced yard, nicely landscaped and heated  in-ground pool.
Unit Size
2,138 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$163
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1964

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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 #71980371)

Price History

Date / Event Date Event Price
May 31, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by Residential Properties Ltd $349,000
Listed by Residential Properties Ltd

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 14,026
  • Total Building Area: 1,978
  • Gross Building Area: 2,698
  • Building Area: 1,978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,978
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000322
  • 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: 011302

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9188-34
  • Parcel: CUMB M:021 B:0524 L:000
  • Block: 524
  • Municipality: CUMBERLAND
  • Latitude: 41.9451
  • Longitude: -71.3986

    Address

  • Full Address: 43 Bear Hill Rd
  • Address - House Number: 43
  • Address - Street Name: Bear Hill
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C096
  • 4-Digit Zip Code: 5605
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 78
  • Final Value: 525,278
  • High Value: 613,458
  • Low Value: 437,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,700
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $299,900

    Sales

  • Current Sale Recording Date: May 31, 2016
  • Current Sale Price:
    Premium
  • Current 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:

$489,900

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2256 ft²

Average Home Age

95.3 years

Currently For Sale

3 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: 4 months ago
Data Source: MLS PIN, MLS# 71980371

Frequently Asked Questions

When was property at 43 Bear Hill Road built and last sold?
The property at 43 Bear Hill Road was built in 1964 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 43 Bear Hill Road is $359,651.
What are some comparable homes to 43 Bear Hill Road?
There are currently no comparable homes to 43 Bear Hill Road.
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