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Valley Falls 02864
81 Meadowcrest Dr
$250,000
● House - Off Market

81 Meadowcrest Dr

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$391,798
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

METICULOUSLY maintained ranch in DESIRABLE Cumberland neighborhood.  Large corner lot. PERFECT starter home!  Recent improvements include: Roof, Windows, Furnace, Central Air and exterior paint.  This ADORABLE home is waiting for your family - Be settled before school starts!  Call to schedule your showing today!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$270
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72365719)

Price History

Date / Event Date Event Price
Sep 21, 2018 Sold
Premium
Sold
Jul 20, 2018 Listed by Keller Williams South Watuppa $259,000
Listed by Keller Williams South Watuppa
May 5, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Total Building Area: 960
  • Gross Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: 9942-41
  • Parcel: CUMB M:016 B:0771 L:000
  • Block: 771
  • Municipality: CUMBERLAND
  • Latitude: 41.9196
  • Longitude: -71.4049

    Address

  • Full Address: 81 Meadowcrest Dr
  • Address - House Number: 81
  • Address - Street Name: Meadowcrest
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C086
  • 4-Digit Zip Code: 6417
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,700

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 357,410
  • High Value: 417,475
  • Low Value: 297,344

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,100
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $162,600

    Sales

  • Current Sale Recording Date: Sep 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 05, 1995
  • Previous Sale Amount: $112,500
  • 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:

$489,900

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2256 ft²

Average Home Age

95.3 years

Currently For Sale

3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72365719

Frequently Asked Questions

When was property at 81 Meadowcrest Drive built and last sold?
The property at 81 Meadowcrest Drive was built in 1960 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 81 Meadowcrest Drive is $259,146.
What are some comparable homes to 81 Meadowcrest Drive?
There are currently no comparable homes to 81 Meadowcrest Drive.
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