2 months on rocket

346 High St, Cumberland, RI, 02864

$489,000

Home List Price

$5,807*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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346 High St, Cumberland$489,000

Buyer Closing Credits

$5,807*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1900
HeatingNatural Gas, Steam
CoolingNone
BasementYes
MLS #1352987
Lot Size0.11 Acres
StatusActive

About 346 High St

Wonderful opportunity to own a multi-family in Cumberland! This beautiful two family home is in its final stages of renovation and will be ready for a savvy investor or great opportunity for an owner occupant. With a large first floor and over 1,000 sqf on the second floor, there is plenty of space for living. This property has great potential for a multi-generational family. Whichever unit you decide to rent will also be very attractive to any prospective tenant.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RISE REC
  • Office Phone: (401) 308-3279

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: No Garage

Virtual/3D Tour

  • 3D Tour: 346 High St

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam
  • 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
  • B.F. Norton Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,000

Tax Information:

  • Annual Amount: $1,709
  • 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

346 High St vs Cumberland

60 DAYS ON ROCKET

+39 Days

$489,000

+$29K More

KEY TAKEAWAY

This property is $29K 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: #1352987

Listing Office:

  • Office Name: RISE REC
  • Office Phone: (401) 308-3279

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, 4:25:16 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

Jul 29, 2011Home Sold
$140,000
Jan 14, 2002Home Sold
$148,000
Oct 25, 2001Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,709$178,000
2020$2,549$178,000
2018$2,475$160,500
2017$2,441$160,500

History based on county public records data.

Payment Calculator

$2,508

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,533

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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-3206578
6
/10

  • B.F. Norton Elementary School

  • 364 Broad St

  • 0.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3206579
7
/10

  • Joseph L. Mccourt Middle School

  • 45 Highland Ave

  • 0.62 miles

  • Public District Grades 6-8

High School

school-card-donut-3206580
7
/10

  • Cumberland High School

  • 2600 Mendon Rd

  • 4.71 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 $74,490. The majority of Cumberland, RI residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Providence County›Cumberland›02864›346 High St

This home is located at 346 High St in Cumberland, RI and zip code 02864. This home, which was built in 1900, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $489,000.

In March 2024, from all listings sold in Cumberland, RI there were more than 16 sold above asking price, over 4 sold below and more than 10 were sold right at the asked price. In March 2024 in Cumberland, RI there were 7% less homes for sale than in February 2024. While the average time on the market in March 2024 was 21 days, the median list price was $460,000.

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

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