Seller's Agent in 2025
Stephen Gaskin
Residential Properties Ltd.
(508) 991-0151
8 in this area
101 Total Sales
40 Cypress St Providence, RI 02906
Mount Hope NeighborhoodEstimated Value: $799,000 - $865,000
9
Beds
3
Baths
5,104
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tennis Courts
- Bathtub with Shower
- 2 Fireplaces
- Ductless Heating Or Cooling System
- 2-minute walk to Billy Taylor Park
About This Home
As of June 2025Welcome to this oversized and well-maintained 3-family home located in the heart of Providence's desirable Mount Hope neighborhood. Lovingly cared for and owner-occupied for the last 20 years, each unit offers 3 large bedrooms, 1 full bath, original hardwood flooring, expansive ceiling heights, and charming ornate decorative fireplaces. Units 1 and 3 are equipped with central air, while Unit 2 features a mini-split system. All kitchens have been recently updated with granite countertops, and contain dishwashers, gas stoves, and modern finishes. The property offers a mix of replacement windows, including Renewal by Andersen, and updated mechanicals throughout. Each unit also enjoys its own private deck. The first floor has its own dedicated in-unit washer and dryer, while the basement offers coin-operated laundry for Units 2 and 3. A large off-street parking lot accommodates 6-7 vehicles, a true amenity in the city. Ample storage in the basement for all units. Conveniently located near Hope Village, Whole Foods, and the train station - ideal for commuters, multi-generational households, Airbnb, or savvy investors seeking strong cash flow in a prime location. 40-42 Cypress awaits its next caretaker...
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0048283 Listed on: 04/22/2025
Last Buyer's Agent
Residential Properties Ltd. License #RES.0048283 Listed on: 04/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,353
Year Built
- Built in 1900
Lot Details
- 6,534
Home Design
- Fixer Upper
- Stone Foundation
- Wood Siding
- Plaster
Interior Spaces
- 5,104 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 7 Parking Spaces
- No Garage
- Driveway
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Additional Features
- 6,534 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 405
- Assessor Parcel Number 4042CYPRESSSTPROV
Community Details
Overview
- 3 Units
- Mount Hope Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Jun 26, 2025
Sold by
Bought by
Seller's Agent
Stephen Gaskin
Residential Properties Ltd.
Buyer's Agent
Stephen Gaskin
Residential Properties Ltd.
List Price
$799,900
Sold Price
$815,000
Premium/Discount to List
$15,100
1.89%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,666
Avg. Annual Appreciation
3.15%
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $815,000 | +1.9% | $160 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | For Sale | $799,900 | -- | $157 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,547 | $867,200 | $288,700 | $578,500 |
| 2024 | $11,353 | $618,700 | $218,600 | $400,100 |
| 2023 | $11,353 | $618,700 | $218,600 | $400,100 |
| 2022 | $11,013 | $618,700 | $218,600 | $400,100 |
| 2021 | $9,650 | $392,900 | $103,700 | $289,200 |
| 2020 | $9,650 | $392,900 | $103,700 | $289,200 |
| 2019 | $9,650 | $392,900 | $103,700 | $289,200 |
| 2018 | $7,817 | $244,600 | $91,300 | $153,300 |
| 2017 | $7,817 | $244,600 | $91,300 | $153,300 |
| 2016 | $7,817 | $244,600 | $91,300 | $153,300 |
| 2015 | $7,279 | $219,900 | $100,400 | $119,500 |
| 2014 | $7,422 | $219,900 | $100,400 | $119,500 |
| 2013 | $7,422 | $219,900 | $100,400 | $119,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Gaskin
Map
Source: State-Wide MLS
MLS Number: 1382391
APN: PROV-050405-000000-000000
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