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Providence 02864
91 Arnold Dr
$580,000
● House - Off Market

91 Arnold Dr

Cumberland, RI 02864
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,242 Ft²
$600,178
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This home has it all and ready to move right into. Located in the desirable Arnold Mills neighborhood, this meticulous home boosts an open concept kitchen/dining room as you walk through the front door. This gorgeous, state of the art kitchen has ss appliances, beverage frig, double oven, range hood and wet bar. Large additional family room with plenty of windows producing lots of natural light. 3 bedrooms, full updated bath and primary bath complete the 1st floor. The lower level contains another family room with fp and built in cabinets, 4th bed/work out room/office, plus another full bath, laundry and utility room. Anderson windows throughout. Roof 2006, boiler 2012, oil tank 2022. Oversized garage with workbench. Open House  Sat 2/11 & Sunday 2/12 from 11:30-1:30.
Unit Size
2,242 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$263
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1969

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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 #73078316)

Price History

Date / Event Date Event Price
Apr 19, 2023 Sold
Premium
Sold
Mar 11, 2023 In contract -
In contract
Feb 11, 2023 Listed by RE/MAX Real Estate Center $589,900
Listed by RE/MAX Real Estate Center
Jun 24, 2022 Sold
Premium
Sold
May 4, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 1,494
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,854
  • Total Building Area: 1,540
  • Gross Building Area: 3,330
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • 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: 3-0014-08
  • Parcel: CUMB M:025 B:0303 L:000
  • Block: 303
  • Municipality: CUMBERLAND
  • Latitude: 41.9772
  • Longitude: -71.383

    Address

  • Full Address: 91 Arnold Dr
  • Address - House Number: 91
  • Address - Street Name: Arnold
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Cumberland
  • Carrier Code: R002
  • 4-Digit Zip Code: 3303
  • Zip Code: 02864

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $573,400

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 579,095
  • High Value: 676,576
  • Low Value: 481,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,500
  • Assessed Land Value: $193,000
  • Assessed Improvements Value: $300,500

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 138325
  • Previous Sale Recording Date: Jun 24, 2022
  • Previous Sale Contract Date: Jun 24, 2022
  • Previous Sale Amount: $579,000
  • 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 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# 73078316

Frequently Asked Questions

When was property at 91 Arnold Drive built and last sold?
The property at 91 Arnold Drive was built in 1969 and last sold on Apr 19, 2023 for $580,000.
How much is this home worth?
The estimated value of the home located at 91 Arnold Drive is $599,478.
What are some comparable homes to 91 Arnold Drive?
There are currently no comparable homes to 91 Arnold Drive.
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