97 Angell Road Cumberland, RI 02864
MULTI_FAMILY - Cumberland, RI
- Added:
- Jan 20, 2026
- Days on Market:
- 173
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 97 Angell Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2
- Parking
- 14
- Interior features
- Wall (Dry Wall), Wall (Plaster), Wall (Wood), Plumbing (Mixed), Insulation (Unknown)
- Fireplace
- 1
- Basement
- Full, Finished
- Standard status
- Pending
- Size
- 4,206 SF
- Lot size
- 1.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7987
Utilities
- Sewer type
- Cesspool
- Heating system
- Oil, Baseboard
- Water source
- Well, Private
Building Details
- Year built
- 1958
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Carpet, Hardwood
- Building materials
- Dry Wall, Plaster, Wood Wall(s), Vinyl Siding
Listing agent Spectrum Real Estate Consultants Team (401) 333-4900
Listing office Keller Williams Leading Edge 28 Thurber Boulevard, Lincoln, RI (401) 333-4900
Listing date Jan 20, 2026
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Legal 2‑unit property on 1.29 acres in Cumberland, RI, with a total of 6 bedrooms and 3 bathrooms
- Main unit offers 4 bedrooms and 2 bathrooms, plus first‑floor laundry
- Second unit is a 2‑bedroom, 1‑bath apartment with its own laundry
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.5k | $25.56 |
| − Vacancy | −$6.5k | −$1.53 |
| EGI | $101.1k | $24.03 |
| − OpEx | −$45.5k | −$10.81 |
| NOI | $55.6k | $13.21 |
