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Valley Falls 02864
72 Lilac St
$250,250
● House - Off Market

72 Lilac St

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,408 Ft²
$306,910
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

HIGHEST & BEST OFFER DEADLINE: MON 2/26 @5PM. PRICED below it's value on purpose. Seller wants to sell in week 1 on market. Offers will likely be made well over list price. AMAZING PROPERTY that just finished a beautiful renovation. Partial list: freshly painted from top to bottom (inside & out), brand new roof, new energy efficient vinyl windows, 1st Flr Laundry, New kitchen featuring custom cabinets, gorgeous granite countertops and stainless steel appliances, a stunning bathroom with custom tile work and double vanity, the list goes on! Move right in without lifting a finger. Free 1 Year HOME WARRANTY is buyer closes in 45 days or less.
Unit Size
1,408 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1940

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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 #72284771)

Price History

Date / Event Date Event Price
Apr 6, 2018 Sold
Premium
Sold
Feb 22, 2018 Listed by Keller Williams Realty Leading Edge $200,000
Listed by Keller Williams Realty Leading Edge
Dec 1, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,056
  • Gross Building Area: 2,284
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 011301

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9938-28
  • Parcel: CUMB M:016 B:0192 L:000
  • Block: 192
  • Municipality: CUMBERLAND
  • Latitude: 41.9212
  • Longitude: -71.4009

    Address

  • Full Address: 72 Lilac St
  • Address - House Number: 72
  • Address - Street Name: Lilac
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C086
  • 4-Digit Zip Code: 6404
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $376,500

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 353,839
  • High Value: 413,304
  • Low Value: 294,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $324,000
  • Assessed Land Value: $129,000
  • Assessed Improvements Value: $195,000

    Sales

  • Current Sale Recording Date: Apr 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 01, 2017
  • Previous Sale Amount: $110,777
  • 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 Valley Falls

Stats & Trends

Median Asking:

$494,450

Sale Price/ft²

$296

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1977 ft²

Average Home Age

63.4 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 72284771

Frequently Asked Questions

When was property at 72 Lilac Street built and last sold?
The property at 72 Lilac Street was built in 1940 and last sold on Jan 1, 1970 for $250,250.
How much is this home worth?
The estimated value of the home located at 72 Lilac Street is $214,758.
What are some comparable homes to 72 Lilac Street?
There are currently no comparable homes to 72 Lilac Street.
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