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Providence 02864
8 Pristine
$549,900
● House - Off Market

8 Pristine

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,330 Ft²
$832,906
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Wonderfully spacious newer colonial with large flat back yard is located in a lovely neighborhood with large lots and similarly sized homes- Just minutes to RI (295) and Mass (495) highways- First floor has sparkling hardwoods throughout -Well appointed kitchen opens to fireplaced family room with sliders to spacious deck and back yard-  Beautiful front entry has dining and living rooms on either side-Upstairs are 3 bedrooms plus a master suite,a den,laundry room and bonus recreation room-The lower level is a walk out and could easily be finished if one needed another recreation room.
Unit Size
3,330 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$165
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
2004

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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 #72383641)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
May 29, 2023 In contract -
In contract
May 18, 2023 Listed by Residential Properties Ltd $875,000
Listed by Residential Properties Ltd
Oct 15, 2020 Sold
Premium
Sold
Oct 16, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,308
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,260
  • Total Building Area: 3,330
  • Gross Building Area: 6,548
  • Building Area: 3,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,330
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Cranston School District
  • School Tax School District: CUMBERLAND SD
  • Census Tract: 011402

Zoning

  • Zoning: A-1

Geography

  • Account Number: 9942-92
  • Parcel: CUMB M:043 B:0050 L:000
  • Block: 50
  • Municipality: CUMBERLAND
  • Latitude: 41.9907
  • Longitude: -71.4309

    Address

  • Full Address: 8 Pristine Dr
  • Address - House Number: 8
  • Address - Street Name: Pristine
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R003
  • 4-Digit Zip Code: 1543
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $895,200

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 870,261
  • High Value: 1,017,111
  • Low Value: 723,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $770,400
  • Assessed Land Value: $180,900
  • Assessed Improvements Value: $589,500

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 139656
  • Previous Sale Recording Date: Oct 15, 2020
  • Previous Sale Contract Date: Oct 13, 2020
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: O
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

63

Average Home Size

2492 ft²

Average Home Age

68.4 years

Currently For Sale

103 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# 72383641

Frequently Asked Questions

When was property at 8 Pristine Drive built and last sold?
The property at 8 Pristine Drive was built in 2004 and last sold on Jul 14, 2023 for $965,000.
How much is this home worth?
The estimated value of the home located at 8 Pristine Drive is $875,008.
What are some comparable homes to 8 Pristine Drive?
There are currently no comparable homes to 8 Pristine Drive.
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