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Cumberland Hill 02864
5 Ballou Street
$189,900
● House - Off Market

5 Ballou Street

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,610 Ft²
$369,743
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Move in ready Raised Ranch with 2/3 beds & large family room features over 1600 sq. ft. of living, fenced yard with deck from dining area and walk-out basement. Subject to seller finding suitable housing.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$118
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1987

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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: 6 months ago (MLSPIN #71557723)

Price History

Date / Event Date Event Price
Sep 27, 2013 Sold
Premium
Sold
Jul 19, 2013 Listed by Residential Properties Ltd $189,900
Listed by Residential Properties Ltd
Jan 23, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 980
  • Gross Building Area: 2,234
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9082-87
  • Parcel: CUMB M:053 B:0392 L:000
  • Block: 392
  • Municipality: CUMBERLAND
  • Latitude: 41.9824
  • Longitude: -71.4714

    Address

  • Full Address: 5 Ballou St
  • Address - House Number: 5
  • Address - Street Name: Ballou
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C082
  • 4-Digit Zip Code: 2013
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $377,700

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 378,666
  • High Value: 442,303
  • Low Value: 315,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $125,400
  • Assessed Improvements Value: $199,600

    Sales

  • Current Sale Recording Date: Sep 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Jan 23, 1997
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: 71
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71557723

Frequently Asked Questions

When was property at 5 Ballou Street built and last sold?
The property at 5 Ballou Street was built in 1987 and last sold on Jan 1, 1970 for $189,900.
How much is this home worth?
The estimated value of the home located at 5 Ballou Street is $191,837.
What are some comparable homes to 5 Ballou Street?
There are currently no comparable homes to 5 Ballou Street.
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