Pristine 2-Family in Cumberland constructed in 2014 with a detached 4-car garage. Each apartment consists of an open living/dining/kitchen plus 2 bedrooms, a full bath, and a closet with washer/dryer hookups. Finishes include hardwood flooring, tile bathrooms, recessed lighting, cherry kitchens with granite tops and stainless appliances. Each apartment has its own private entrance and utilities including central air conditioning. This property also includes finished walkout basement space. This premium 2-family home would make a great, low-maintenance investment property or family home.
Sold for $640,000
$640,000
42 Waterman St, Cumberland, RI 02864
4beds
2,048sqft
Multi Family
Built in 2014
-- sqft lot
$712,200 Zestimate®
$313/sqft
$2,739 Estimated rent
Home value
$712,200
$677,000 - $748,000
$2,739/mo
Zestimate® history
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$4,052/mo
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List your homeWhat's special
Central air conditioningGranite topsOpen livingPrivate entranceStainless appliancesCherry kitchensTile bathrooms
Zillow last checked:
Listing updated:
Listed by:
Duane Boucher 401-529-1663,
Re/Max Premier Properties
Bought with:
Le Cao, RES.0048740
BA Property&Lifestyle Advisors
Source: StateWide MLS RI,MLS#: 1355207
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Bath w Tub & Shower
Heating
- Electric, Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Wall (Plaster), Plumbing (Mixed), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Carpet
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Partially Finished,Bath/Stubbed,Kitchen,Living Room,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 11
- Parking features: Detached, Garage Door Opener
- Garage spaces: 4
Features
- Stories: 2
Lot
- Size: 0.39 Acres
Details
- Foundation area: 1024
- Parcel number: CUMBM007B0695L000
- Zoning: R-2
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 2014
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers, Individual Meter
- Sewer: Public Sewer
- Water: Common Meter, Municipal
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Valley Falls
HOA
- Has HOA: No
Location
- Region: Cumberland
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $615,700
- Annual tax amount: $7,227
- Date on market: 9/26/2024
- Total actual rent: 3000
- Tenant pays: Hot Water, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2024 | Sold | $640,000+0%$313/sqft |
Source:  StateWide MLS RI #1355207 Report a problem | ||
| 4/3/2024 | Pending sale | $639,900$312/sqft |
Source: StateWide MLS RI #1355207 Report a problem | ||
| 3/22/2024 | Listed for sale | $639,900$312/sqft |
Source: StateWide MLS RI #1355207 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,555 +1.6% | $615,700 -1% |
| 2024 | $7,433 +2.8% | $622,000 |
| 2023 | $7,228 +31.1% | $622,000 +69.1% |
| 2022 | $5,515 +1.7% | $367,900 |
| 2021 | $5,423 +2.9% | $367,900 |
| 2020 | $5,268 +0.8% | $367,900 +11.8% |
| 2019 | $5,225 +3% | $329,000 |
| 2018 | $5,073 +1.4% | $329,000 |
| 2017 | $5,004 +11.7% | $329,000 +25.5% |
| 2016 | $4,478 | $262,200 |
| 2015 | $4,478 +226.4% | $262,200 +226.5% |
| 2014 | $1,372 +8.8% | $80,300 +0.5% |
| 2013 | $1,261 | $79,900 |
Find assessor info on the county website
Neighborhood: Valley Falls
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Nearby schools
GreatSchools rating
- 7/10B.F. Norton Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Joseph L. McCourt Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Cumberland High SchoolGrades: 9-12Distance: 4.7 mi
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Estimated market value
$712,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$712,200
- Rhode Island
- Providence County
- Cumberland
- 02864
- Valley Falls
- 42 Waterman St
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