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Backup Offers

1531 Mendon Rd, Cumberland, RI, 02864

$599,900

Home List Price

$7,124*

Closing Credit

6 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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1531 Mendon Rd, Cumberland$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1890
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
FireplaceNone
MLS #1355117
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1531 Mendon Rd

Discover an exceptional investment opportunity in Cumberland a rare gem boasting a renovated 3-family residence, 50 yr warranty roof, New skylights, vinyl windows, on demand separate heating systems, beautiful updates in all 3 units in Kitchen and baths. Perfectly poised for diverse utilization, whether as an owner-occupied haven to alleviate mortgage burdens or as a lucrative investment property. Each of the three units has undergone meticulous renovation, featuring modern kitchens equipped with stainless steel appliances and brand-new baths, ensuring contemporary comfort and style. Updated electrical systems and three efficient gas units ensure hassle-free living. Ample parking facilities and convenient highway access add to the property's allure, promising both convenience and accessibility. Additionally, a new 50 yr roof, skylights, and gutters ensures long-term durability and peace of mind for discerning investors. Seize the chance to own this remarkable property, where modern living meets investment potential in the heart of Cumberland.

Property Details

Property Features

Property Information:

  • Year Built: 1890

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Cumberland High School, Public District Grades 9-12
  • Joseph L. Mccourt Middle School, Public District Grades 6-8
  • Ashton School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900

Tax Information:

  • Annual Amount: $3,844
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cumberland, RI.

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Cumberland, RI

City

Med. Sold Price

$460K

Med. Price/SqFt

$247

Avg. Days On Market

21

# of Sold Homes

30

1531 Mendon Rd vs Cumberland

33 DAYS ON ROCKET

+12 Days

$599,900

+$139.9K More

KEY TAKEAWAY

This property is $139.9K more than the Median Sold Price in Cumberland, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1355117

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 11, 2017Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,844$260,800
2020$3,735$260,800
2018$3,217$208,600
2017$3,173$208,600

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3298746
8
/10

  • Ashton School

  • 130 Scott Rd

  • 0.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3298747
7
/10

  • Joseph L. Mccourt Middle School

  • 45 Highland Ave

  • 2.45 miles

  • Public District Grades 6-8

High School

school-card-donut-3298748
7
/10

  • Cumberland High School

  • 2600 Mendon Rd

  • 1.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,988. Typical income of Cumberland, RI residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Cumberland›02864›1531 Mendon Rd

This home is located at 1531 Mendon Rd in Cumberland, RI and zip code 02864. This home, which was built in 1890, sits on a 0.17 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $599,900.

Cumberland, RI housing market in March 2024 saw over 16 listings sold above listed price, more than 10 sold at listed price and over 4 sold below. The number of homes for sale in Cumberland, RI decreased by 7% between February 2024 and March 2024. In March 2024 median list price was $460,000 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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