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Cumberland Hill 02864
48 Rolling Acres Drive
Photo of 48 Rolling Acres Drive
Sold on Aug 24, 2007

1

Map

$410,000
● House - Off Market

48 Rolling Acres Drive

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,022 Ft²
$744,068
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Beautiful Gambrel Colonial in desirable neighborhood features new kitchen, stone counters, stainless, hardwoods, 3 season room, many updates the list goes on!
Unit Size
2,022 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$212
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1968

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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 #70568884)

Price History

Date / Event Date Event Price
Aug 27, 2007 Sold
Premium
Sold
May 1, 2007 Listed $429,000
Listed
Jul 8, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,226
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,889
  • Gross Building Area: 4,316
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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: 011402

Zoning

  • Zoning: R-1

Geography

  • Account Number: 8837-22
  • Parcel: CUMB M:037 B:0912 L:000
  • Block: 912
  • Municipality: CUMBERLAND
  • Latitude: 41.9734
  • Longitude: -71.4495

    Address

  • Full Address: 48 Rolling Acres Dr
  • Address - House Number: 48
  • Address - Street Name: Rolling Acres
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C089
  • 4-Digit Zip Code: 2614
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $609,400

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 596,999
  • High Value: 699,992
  • Low Value: 494,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,400
  • Assessed Land Value: $199,100
  • Assessed Improvements Value: $325,300

    Sales

  • Current Sale Recording Date: Aug 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 08, 1999
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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 Cumberland Hill

Stats & Trends

Median Asking:

$502,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2508 ft²

Average Home Age

141.5 years

Currently For Sale

2 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# 70568884

Frequently Asked Questions

When was property at 48 Rolling Acres Drive built and last sold?
The property at 48 Rolling Acres Drive was built in 1968 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 48 Rolling Acres Drive is $431,921.
What are some comparable homes to 48 Rolling Acres Drive?
There are currently no comparable homes to 48 Rolling Acres Drive.
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