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Cumberland Hill 02864
9 Ruth
$275,000
● House - Off Market

9 Ruth

Cumberland, RI 02864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,584 Ft²
$388,514
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This adorable shotgun ranch with finished basement features a two tier deck, central air, two full baths, new flooring throughout and a finished basement!  Enjoy a community feel in this welcoming neighborhood yet still be convenient to Mendon Rd, 99 and 295 for quick access  to the highways.  The high ceilings and brightness make the space feel open and delightful.  Brand new heating system, young hot water tank, vinyl siding and modest yard, allow for low maintenance living.  Looking to be in the Cumberland school system for under $300K?  You've found your new home. Be sure to check out the 360 tour and schedule your showing today!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$174
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1990

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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: 6 months ago (MLSPIN #72639610)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 26, 2020 Sold
Premium
Sold
Apr 22, 2020 In contract -
In contract
Mar 31, 2020 Listed by Peace of Mind Property Management & Real Estate, Inc. $274,900
Listed by Peace of Mind Property Management & Real Estate, Inc.
Mar 30, 2020 Price Decreased $274,900
↓ $4K (1.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,008
  • Gross Building Area: 2,276
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • 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: 9989-52
  • Parcel: CUMB M:053 B:0945 L:000
  • Block: 945
  • Municipality: CUMBERLAND
  • Latitude: 41.9775
  • Longitude: -71.4724

    Address

  • Full Address: 9 Ruth St
  • Address - House Number: 9
  • Address - Street Name: Ruth
  • Address - Suffix Type: St
  • State: RI
  • City Name: Cumberland
  • Carrier Code: C082
  • 4-Digit Zip Code: 1938
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 372,940
  • High Value: 435,615
  • Low Value: 310,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,200
  • Assessed Land Value: $124,700
  • Assessed Improvements Value: $177,500

    Sales

  • Current Sale Contract Date: May 21, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 114228
  • Previous Sale Recording Date: Oct 04, 2018
  • Previous Sale Amount: $242,000
  • 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 Cumberland Hill

Stats & Trends

Median Asking:

$502,450

Sale Price/ft²

$272

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2508 ft²

Average Home Age

141.5 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: 6 months ago
Data Source: MLS PIN, MLS# 72639610

Frequently Asked Questions

When was property at 9 Ruth Street built and last sold?
The property at 9 Ruth Street was built in 1990 and last sold on May 21, 2020 for $275,000.
How much is this home worth?
The estimated value of the home located at 9 Ruth Street is $288,517.
What are some comparable homes to 9 Ruth Street?
There are currently no comparable homes to 9 Ruth Street.
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