Financial
Distress signals
Property profile

2200 Diamond Hill Rd Cumberland, RI 02864

FOR SALE
Other investment properties
Property ID
US76-0303792
2,992 SF 0.24 ac lot Built 1960
Last sale May 2006 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use building contains four units: two commercial units on the first level and two residential apartments on the second level. It is located on Diamond Hill Road between Chapel Four Corners and I-295, and each unit is served by its own electrical meter in addition to a house meter. Heating and cooling are provided by ductless systems for three units, while one unit uses electric baseboard heating with window-unit air conditioning. The property has a fire alarm system, and hot water,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$424k
Assessed land$143k
Assessed improvement$281k
Effective rate1.19%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$5k
Operating expenses−$21k
NOI · 6.66% cap applied$49k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$86 – $200
Qualifying comparables30

Cap rate analysis

How does the asset earn?
6.66%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
C-1: Limited Commercial District. This zoning district is intended for neighborhood commercial areas that primarily serve local neighborh...
General categoryCOMMERCIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.4
Dental Office11.8
Law Firm11.0

Location

2200 Diamond Hill Rd Cumberland, RI 02864
County assessor Recorded deeds · 3 transfers 30 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1427 Diamond Hl, Cumberland, RI 02864-5549 $120,000 May 2024 3,200 SF
1227 Mendon, Cumberland, RI 02864 $425,000 Apr 2024 2,824 SF
3261 Mendon, Cumberland, RI 02864-2415 $605,000 Oct 2023 2,788 SF
75 Manville Hl, Cumberland, RI 02864-2399 $300,000 Sep 2022 2,880 SF
48 Manville Hl, Cumberland, RI 02864 $215,000 Feb 2021 2,741 SF
39 Dexter, Cumberland, RI 02864-7806 $22,500 Mar 2020 3,206 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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