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Valley Falls 02864
7 Wyoming Drive
$318,000
● House - Off Market

7 Wyoming Drive

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,350 Ft²
$879,330
RealtyHop Estimate
167.68%
Since Dec 1, 2001
National-US
Primary Model

About This Property

REMARKABLE CUSTOM RANCH.ONE OF A KIND.MUST BE SEEN TO APPREC NEIGHBORHOOD SETTING.MIN. TO N. ATTELBORO & MALL.VERY OPEN FLR.PLAN.RECESSED LIGHTS.VERTICAL CEDAR SIDING.MARBLE & HARDWOOD FLRS.HOT TUB.CATHEDRAL SUN RM.W/ATRIUM DR.OFFICE.
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$140
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1989

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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: 4 years ago (MLSPIN #30543525)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Nov 29, 2001 Sold
Premium
Sold
Sep 18, 2001 Listed by ERA Key Realty Services $328,500
Listed by ERA Key Realty Services
Apr 15, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,326
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,614
  • Gross Building Area: 6,082
  • Building Area: 2,614
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,614
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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: 011302

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9150-46
  • Parcel: CUMB M:021 B:0839 L:000
  • Block: 839
  • Municipality: CUMBERLAND
  • Latitude: 41.9449
  • Longitude: -71.3949

    Address

  • Full Address: 7 Wyoming Dr
  • Address - House Number: 7
  • Address - Street Name: Wyoming
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C096
  • 4-Digit Zip Code: 6005
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $664,000

    Appraisal Valuation

  • Standard Deviation: 0.1357
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 654,570
  • High Value: 743,396
  • Low Value: 565,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,400
  • Assessed Land Value: $154,700
  • Assessed Improvements Value: $416,700

    Sales

  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 15, 1999
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: 71

    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 Valley Falls

Stats & Trends

Median Asking:

$489,900

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2217 ft²

Average Home Age

74.8 years

Currently For Sale

4 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: 4 years ago
Data Source: MLS PIN, MLS# 30543525

Frequently Asked Questions

When was property at 7 Wyoming Drive built and last sold?
The property at 7 Wyoming Drive was built in 1989 and last sold on Jan 1, 1970 for $382,000.
How much is this home worth?
The estimated value of the home located at 7 Wyoming Drive is $346,902.
What are some comparable homes to 7 Wyoming Drive?
There are currently no comparable homes to 7 Wyoming Drive.
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