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Providence 02864
50 Circuit Drive
$350,000
● House - Off Market

50 Circuit Drive

Cumberland, RI 02864
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,475 Ft²
$674,652
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Spacious 5 bed, 3 bath Colonial on a 1/2 acre overlooking some of the most beautiful countryside in Cumberland. Hardwoods, 2 fireplaces, master suite with walk-in closet and balcony. Second floor was added in 1994 to take advantage of view  Large family room with fireplace, private fenced in back yard, finished lower with full bath.
Unit Size
2,475 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$153
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1944

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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: 6 months ago (MLSPIN #71772178)

Price History

Date / Event Date Event Price
Jul 21, 2015 Sold
Premium
Sold
Nov 25, 2014 Listed by Residential Properties Ltd $379,900
Listed by Residential Properties Ltd

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 1,192
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 2,473
  • Gross Building Area: 4,860
  • Building Area: 2,473
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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: 9154-16
  • Parcel: CUMB M:024 B:0031 L:000
  • Block: 31
  • Municipality: CUMBERLAND
  • Latitude: 41.965
  • Longitude: -71.3998

    Address

  • Full Address: 50 Circuit Dr
  • Address - House Number: 50
  • Address - Street Name: Circuit
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C094
  • 4-Digit Zip Code: 4108
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $646,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 653,300
  • High Value: 765,939
  • Low Value: 540,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,100
  • Assessed Land Value: $161,100
  • Assessed Improvements Value: $395,000

    Sales

  • Current Sale Recording Date: Jul 21, 2015
  • Current Sale Price:
    Premium
  • Current 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 Providence

Stats & Trends

Median Asking:

$494,950

Sale Price/ft²

$273

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2444 ft²

Average Home Age

68.9 years

Currently For Sale

110 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71772178

Frequently Asked Questions

When was property at 50 Circuit Drive built and last sold?
The property at 50 Circuit Drive was built in 1944 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 50 Circuit Drive is $381,496.
What are some comparable homes to 50 Circuit Drive?
There are currently no comparable homes to 50 Circuit Drive.
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