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Cumberland Hill 02864
5 Edgewood Ave
$539,900
● House - Off Market

5 Edgewood Ave

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,856 Ft²
$536,876
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Location, location, location! Don't miss this beautiful 4 bed, 2.5 Bath, Colonial style home in Cumberland RI! There are 8 rooms in this house. A large primary suite, with a private bathroom, and a walk-in closet. A bonus room on the second level and a partially finished basement with a sliding door that leads to the backyard. This unique style home has a charming front porch, a beautiful deck off the dining area, and a garage. This property is close to the Massachusetts state line. Schedule your showing today!
Unit Size
1,856 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$291
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
2003

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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: 5 months ago (MLSPIN #73134946)

Price History

Date / Event Date Event Price
Aug 24, 2023 Sold
Premium
Sold
Aug 7, 2023 In contract -
In contract
Jul 12, 2023 Listed by Keller Williams Realty Leading Edge $539,900
Listed by Keller Williams Realty Leading Edge
Jul 11, 2023 Withdrawn -
Withdrawn
Jun 22, 2023 Listed by Keller Williams Realty Leading Edge $575,000
Listed by Keller Williams Realty Leading Edge
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • 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: 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: 784
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,856
  • Gross Building Area: 3,032
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INGLESIDE
  • Land Acres: 0000000138
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 3-0008-52
  • Parcel: CUMB M:053 B:0440 L:000
  • Block: 440
  • Municipality: CUMBERLAND
  • Latitude: 41.9796
  • Longitude: -71.4748

    Address

  • Full Address: 5 Edgewood Ave
  • Address - House Number: 5
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C082
  • 4-Digit Zip Code: 1958
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 508,616
  • High Value: 599,571
  • Low Value: 417,661

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438,700
  • Assessed Land Value: $129,000
  • Assessed Improvements Value: $309,700

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 140310
  • Previous Sale Recording Date: Apr 18, 2022
  • Previous Sale Contract Date: Apr 18, 2022
  • Previous Sale Amount: $469,000
  • 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:

$499,900

Sale Price/ft²

$274

Above Asking

0.00%

Average Days on Market

60

Average Home Size

2404 ft²

Average Home Age

246 years

Currently For Sale

1 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# 73134946

Frequently Asked Questions

When was property at 5 Edgewood Avenue built and last sold?
The property at 5 Edgewood Avenue was built in 2003 and last sold on Aug 24, 2023 for $539,900.
How much is this home worth?
The estimated value of the home located at 5 Edgewood Avenue is $541,388.
What are some comparable homes to 5 Edgewood Avenue?
There are currently no comparable homes to 5 Edgewood Avenue.
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