Legal Two-Unit Residential
365 W Wrentham Road Cumberland, RI 02864
New
365 W Wrentham Road, Cumberland, RI, 02864
$1,599,000
For Sale
$1,599,000
MULTI_FAMILY - Cumberland, RI
Property Size2,919 SF
Lot Size7.84 Acres
Price / SF$547.79
Days on Market3
Property Features for 365 W Wrentham Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 101/OSMD
- Bedrooms
- 5
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 1, Bathroom 1, Bathroom 7, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 5, Basement, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 18
- Parking features
- Open
- Window features
- Insulated Windows
- Patio and Porch features
- Patio
- Interior features
- Attic, Stairs, Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
- Exterior features
- Balcony, Guest House, Patio
- Fireplace
- 1
- Basement
- Full, Finished, Storage Space
- Appliances
- Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,919 SF
- Lot size
- 7.84 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 10676
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Oil, Zoned, Central
- Cooling system
- Central Air
- Water source
- Private, Well
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Carpet, Hardwood, Laminate
- Building materials
- Brick
- Additional Structures
- Guest House
Listing Agency
Lila Delman Compass
(401) 789-6666
235 Main Street, RI
Listed by
Michele Doherty · License #RES.0042281
Added: Jul 16 Checked: Jul 18 at 8:06 am
MLS# 1417701
Listing URL
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.
This legal two-unit residential compound is set on 7.84 private, gated acres and comprises three parcels. The property includes two distinct residences with separate utilities and separate mailing addresses. The primary home is a Colonial with 4 bedrooms and 5 bathrooms, plus a finished walkout lower level, and it has been updated with new roofs on all structures, a modern granite kitchen, new flooring, fresh paint, new Harvey Elite triple-pane windows, and skylights.
A second legal residence is a permitted apartment above the barn with 1,260 square feet. The compound also features a separate 1,200 square-foot heated garage, workshop, shed, and chicken coop. The grounds include an open pasture, a natural spring-fed pond, irrigation, invisible fencing, and a custom patio with a fire pit.
The property is located at 365 W Wrentham Road in Cumberland, Rhode Island, and is described as a short drive to Boston or Providence.
A second legal residence is a permitted apartment above the barn with 1,260 square feet. The compound also features a separate 1,200 square-foot heated garage, workshop, shed, and chicken coop. The grounds include an open pasture, a natural spring-fed pond, irrigation, invisible fencing, and a custom patio with a fire pit.
The property is located at 365 W Wrentham Road in Cumberland, Rhode Island, and is described as a short drive to Boston or Providence.
Key Highlights
- Legal 2‑unit compound on 7.84 private, gated acres in Cumberland with 3 parcels
- Primary residence: Colonial built in 1978 with 4BR, 5BA and 2,900+ SF plus a 1,300 SF finished walkout lower level
- Second legal residence: 1,260 SF permitted apartment above the barn
Local Financial Insights For Multifamily LT 5
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 | $74.3k | $25.44 |
| − Vacancy | −$4.8k | −$1.65 |
| EGI | $69.4k | $23.79 |
| − OpEx | −$20.8k | −$7.14 |
| NOI | $48.6k | $16.65 |
2,919 SF · lease $25.44/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$694.3K
$607.5K – $810.1K
NOI $48,603 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$551.0K
$482.2K – $642.9K
NOI $38,573 @ 7.0% cap · market cap 2.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legal 2-unit compound on private, gated acreage with separate utilities and two distinct residences.
Where is this duplex located?
The property is located at 365 W Wrentham Road Cumberland, RI.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Legal 2‑unit compound on 7.84 private, gated acres in Cumberland with 3 parcels; Primary residence: Colonial built in 1978 with 4BR, 5BA and 2,900+ SF plus a 1,300 SF finished walkout lower level; Second legal residence: 1,260 SF permitted apartment above the barn
