Last Sold Price
5 beds2,496 sqft$88/sqft
1262 Mendon RdCumberland, RI02864

Description

$2,675 a month income property.... Two 1 bed units on the 1st fl have been completely remodeled. 2nd fl unit has 2-4 beds & has been updated, large flat parking area, new electric & gas service.$2,675 a month income property.... Two 1 bed units on the 1st fl have been completely remodeled. 2nd fl unit has 2-4 beds & has been updated, large flat parking area, new electric & gas service.
LISTING CLOSED: 08/18/2016 12:00 AM

  1. Listed by Paul Gagnon • Brokerage DRE #REB.0014716 • Keller Williams Realty • paulgrealty@gmail.com

Property Details for 1262 Mendon Road

Status
MLS #
1084274
Days on Market
474
Taxes
$3,808 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / 3 Family
Year Built
1940
Lot Size
0.14 AC / 5,881 SF
Subdivision Name
ASHTON
Waterfront Features
River Access, Walk To Water

Location

Listing Courtesy of Keller Williams Realty

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Building Information for 1262 Mendon Road

Stories2Residences3Year Built1940Building Size-Lot Size0.14 AC / 5,881 SF

Payment Calculator

$1,436 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,118

Property Taxes

$317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1262 Mendon Road

Summary
Location and General Information
  • City: Cumberland
  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping, Sidewalks
  • Country: US
  • Directions: Rhode Island: Rte 295 to exit 10, south on Rte 122
  • Postal City: Cumberland
  • Postal Code: 02864
  • Postal Code Plus4: 4813
  • Road Frontage Type: Public
  • State Or Province: RI
  • Zoning: I-1
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Open Parking Y N: Yes
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $3,808.00
  • Tax Assessed Value: 241300
  • Tax Block: 0002
  • Tax Book Number: 833
  • Tax Lot: 00
  • Tax Map Number: 58
  • Tax Year: 2013
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 2496.0
  • Building Area Total: 2496.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 2,496.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.135
  • Lot Size Area: 5881.0
  • Lot Size Square Feet: 5881.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 1262MENDONRDCUMB
  • Stories Total: 2
  • Structure Type: Apartment
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 3
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Senior Community Y N: No
  • Year Built: 1940
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
  • C L I P: 8,839,267,827
Utilities
  • Electric: Amps200Or More, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Paved Driveway
  • Fencing: Fenced
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Roof: Shingle
Interior Features
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Basement: Full, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Cooling: None
  • Cooling Y N: No
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Heating: Baseboard, Common, Hot Water, Individual, Oil
  • Heating Y N: Yes
  • Interior Features: Cable Tv
  • Patio And Porch Features: Deck
  • Rooms Total: 11
Multi Family
Income & Expenses Information
  • Gross Income: $31,200.00
  • Net Operating Income: $31,200.00
  • Operating Expense: $1,500.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: ALL OF 2ND FL
  • Total Rent: $2,675.00
  • Baths Total: 1
  • Beds Total: 3
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $750.00
  • Description: 1ST FL RIGHT
  • Total Rent: $2,675.00
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $725.00
  • Description: 1ST FL LEFT
  • Total Rent: $2,675.00
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Rent Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Unit 3(Heat
  • Total Actual Rent: $2,700.00

Property History for 1262 Mendon Road

DateEvent & SourcePriceAppreciation
Aug 18, 2016

Sold

MLS PIN #71773371

$220,000
Jun 28, 2016

Sold (Public Record)

Public Record #578711602

$220,000
May 31, 2016

Sold

Rhode Island Association of REALTORS® #1084274

$220,000
DateEvent & SourcePrice
08/18/2016

Sold

MLS PIN #71773371

$220,000
06/28/2016

Sold (Public Record)

Public Record #578711602

$220,000
05/31/2016

Sold

Rhode Island Association of REALTORS® #1084274

$220,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1262 Mendon Road

Taxable ValueLand$133,900Additions$306,300Total$440,200
Tax Record2025$5,401 ($450 / month)
Home Facts
Baths3Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtUnfinished Basement SqFt1,248 SqFtStories2Lot Size7,405 SqFtStyleTriplexYear Built1940Year Renovated1940Zoning60CountyPROVIDENCEAPNCUMB M:058 B:0002 L:000

Schools near 1262 Mendon Road

This home is within Cumberland School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Garvin Memorial School
PublicK to 5

Joseph L. McCourt Middle School
Public6 to 8

Cumberland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Keller Williams Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.