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Providence 02864
8 Avalon Place
$565,000
● House - Off Market

8 Avalon Place

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,610 Ft²
$1,293,469
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Unique, custom built home in Avalon Estates in Arnold Mills! Large entry foyer highlights a beautiful carved staircase -Lots of natural light  stream into the family room and gourmet kitchen from the oversized windows which provide a view of the beautifully manicured grounds /hot tub.Built-in etagere spans one wall in the library which abuts the formal dining room..Spectacular master bedroom suite has a  brand new luxury bathroom.-Gleaming hardwoods are everywhere-Poolroom/ table in lower level
Unit Size
3,610 Ft²
Days on Market
-
Land Size
1.01 acres
Price per sqft
$166
Property Type
House
Property Taxes
$741
HOA Dues
-
Year Built
1993

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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 months ago (MLSPIN #71368642)

Price History

Date / Event Date Event Price
Nov 16, 2012 Sold
Premium
Sold
Apr 17, 2012 Listed by Residential Properties Ltd $599,000
Listed by Residential Properties Ltd
Sep 30, 2002 Sold
Premium
Sold
May 1, 2002 Listed by Residential Properties Ltd $699,900
Listed by Residential Properties Ltd

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 2,517
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 3,622
  • Gross Building Area: 7,252
  • Building Area: 3,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,622
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001080
  • 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: 9051-91
  • Parcel: CUMB M:023 B:0140 L:000
  • Block: 140
  • Municipality: CUMBERLAND
  • Latitude: 41.9616
  • Longitude: -71.3834

    Address

  • Full Address: 8 Avalon Pl
  • Address - House Number: 8
  • Address - Street Name: Avalon
  • Address - Suffix Type: Pl
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R002
  • 4-Digit Zip Code: 6027
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,167,000

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 979,969
  • High Value: 1,149,385
  • Low Value: 810,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,004,300
  • Assessed Land Value: $226,100
  • Assessed Improvements Value: $778,200

    Sales

  • Current Sale Recording Date: Nov 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Sep 30, 2002
  • Previous Sale Amount: $681,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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:

$489,900

Sale Price/ft²

$274

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2509 ft²

Average Home Age

69.5 years

Currently For Sale

102 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 months ago
Data Source: MLS PIN, MLS# 71368642

Frequently Asked Questions

When was property at 8 Avalon Place built and last sold?
The property at 8 Avalon Place was built in 1993 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 8 Avalon Place is $624,858.
What are some comparable homes to 8 Avalon Place?
There are currently no comparable homes to 8 Avalon Place.
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