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Providence 02864
47 Farmview Drive
Photo of 47 Farmview Drive
Sold on Aug 29, 2007

1

Map

$449,000
● House - Off Market

47 Farmview Drive

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,128 Ft²
$778,756
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Colonial in beautiful setting features perennial gardens, sprawling yard, expansive new deck. Stone wall original to Cumberland Farms Property. Updated kitchen, hardwoods throughout, spacious rooms. Great family home in Community School District. Motivated Sellers!
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$211
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1971

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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: 5 months ago (MLSPIN #70536325)

Price History

Date / Event Date Event Price
Aug 29, 2007 Sold
Premium
Sold
Mar 7, 2007 Listed $449,000
Listed
Aug 4, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 5
  • Exterior Walls Type: 18
  • 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: 1,244
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,128
  • Total Building Area: 2,128
  • Gross Building Area: 4,344
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000508
  • 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: 8837-55
  • Parcel: CUMB M:024 B:0259 L:000
  • Block: 259
  • Municipality: CUMBERLAND
  • Latitude: 41.96
  • Longitude: -71.3976

    Address

  • Full Address: 47 Farmview Dr
  • Address - House Number: 47
  • Address - Street Name: Farmview
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C094
  • 4-Digit Zip Code: 4710
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $604,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 595,855
  • High Value: 695,993
  • Low Value: 495,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,100
  • Assessed Land Value: $162,400
  • Assessed Improvements Value: $357,700

    Sales

  • Current Sale Recording Date: Aug 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 04, 1997
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$494,950

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2576 ft²

Average Home Age

67.9 years

Currently For Sale

107 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# 70536325

Frequently Asked Questions

When was property at 47 Farmview Drive built and last sold?
The property at 47 Farmview Drive was built in 1971 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 47 Farmview Drive is $456,381.
What are some comparable homes to 47 Farmview Drive?
There are currently no comparable homes to 47 Farmview Drive.
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