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Cumberland Hill 02864
8 Ford Ave
Photo of 8 Ford Ave
Sold on Feb 25, 2010

1

Map

$225,000
● House - Off Market

8 Ford Ave

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,756 Ft²
$495,428
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

Meticulous!  New vinyl siding, windows, new trex deck, new patio.  Lower level beautifully finished w 2 rooms walkout to patio and private fenced yard w new shed, Newly finished 1/2 bath. All appliances will remain.  1st floor is light and bright, 3 bedrooms, slider from dining area to new trex deck.  Economical gas heat, water,sewer, Convenient young neighborhood. This home is a gem! Not a short sale just a relocating seller
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$130
Property Type
House
Property Taxes
$265
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 #70999622)

Price History

Date / Event Date Event Price
Jun 22, 2015 Sold
Premium
Sold
Feb 25, 2010 Sold
Premium
Sold
Nov 9, 2009 Listed $229,000
Listed

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,008
  • Total Building Area: 1,056
  • Gross Building Area: 2,256
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • 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: 0000000092
  • 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: 011403

Zoning

  • Zoning: R-1

Geography

  • Account Number: 9152-37
  • Parcel: CUMB M:053 B:0938 L:000
  • Block: 938
  • Municipality: CUMBERLAND
  • Latitude: 41.9773
  • Longitude: -71.4733

    Address

  • Full Address: 8 Ford Ave
  • Address - House Number: 8
  • Address - Street Name: Ford
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C082
  • 4-Digit Zip Code: 1940
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 425,801
  • High Value: 499,215
  • Low Value: 352,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $350,500
  • Assessed Land Value: $123,100
  • Assessed Improvements Value: $227,400

    Sales

  • Current Sale Recording Date: Jun 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 25, 2010
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 27
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:

$499,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2011 ft²

Average Home Age

153.5 years

Currently For Sale

2 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# 70999622

Frequently Asked Questions

When was property at 8 Ford Avenue built and last sold?
The property at 8 Ford Avenue was built in 1993 and last sold on Jan 1, 1970 for $242,000.
How much is this home worth?
The estimated value of the home located at 8 Ford Avenue is $254,790.
What are some comparable homes to 8 Ford Avenue?
There are currently no comparable homes to 8 Ford Avenue.
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