$999,900
$50K PRICE DROP
- 4 Beds
- 2.5 Baths
- 4,890 Sq Ft
225 Scott Rd, Cumberland, RI 02864
Maria Useinoski
REMAX Revolution
Frequently Asked Questions
Is Lippitt Estates a good place to live?
Lippitt Estates is a good place to live. Lippitt Estates is considered very car-dependent and bikeable. It has a median age of 41. The average household income is $162,512 which is above the national average. College graduates make up 42.2% of residents. A majority of residents in Lippitt Estates are home owners, with 11% of residents renting and 89% of residents owning their home. A local real estate agent serving Lippitt Estates can help you decide if this neighborhood is the right one for you. Learn more on our Lippitt Estates neighborhood guide.
How much do you need to make to afford a house in Lippitt Estates?
The median home price in Lippitt Estates is $625,000. If you put a 20% down payment of $125,000 and had a 30-year fixed mortgage with an interest rate of 6.71%, your estimated principal and interest payment would be $3,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $138K a year to afford the median home price in Lippitt Estates. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lippitt Estates is $163K.
What are the best public schools in Lippitt Estates?
The best public schools that serve Lippitt Estates are:
- Community School has an A Niche grade and a student teacher ratio of 17:1.
- North Cumberland Middle School has an A- Niche grade, a student teacher ratio of 13:1 and an average review score of 3.0.
- Ashton Elementary School has an A- Niche grade and a student teacher ratio of 15:1.
What are the most popular zip codes in Lippitt Estates, Cumberland, RI?
What are the most popular neighborhoods near Lippitt Estates, Cumberland, RI?
The most popular neighborhoods near Lippitt Estates, Cumberland, RI are Cumberland Hill, Diamond Hill, Arnold Mills, Manville-Albion and Monastery Heights.
Are home prices dropping in Lippitt Estates?
Yes, home prices in Lippitt Estates are down 9% in the last 12 months.
