Financial
Distress signals
Property profile

422 High St Cumberland, RI 02864

OFF-MARKET
Other investment properties
Property ID
US76-0285429
3,426 SF 0.23 ac lot Built 1950
Last sale Feb 2025 · $650,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-use property combines residential and commercial space, with a ground-floor commercial unit configured for food and beverage service and previously operated as a bar and restaurant; the commercial space includes a bar and restaurant area and has a history of renovations, and is associated with a full liquor license (transfer would require qualification under applicable regulations). The building also includes two residential units on the second floor, each with 2 bedrooms and 1

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$412k
Assessed land$101k
Assessed improvement$310k
Effective rate1.20%

Value estimate

· Sep 2026
$640k
$576k – $704k
AI approach$630k
CAP approach$625k
Sales comparison$452k

Realmo valuation models over county records and 10 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 comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-2
Within the R-1 and R-2 zones, animals for personal use are allowed as follows: (a) For each 25,000 square feet of land one horse may be k...
General categoryRESIDENTIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.8
Dental Office12.7
HVAC Service11.4

Location

422 High St Cumberland, RI 02864-7951
County assessor Recorded deeds · 9 transfers 10 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
1394 Mendon, Cumberland, RI 02864-4828 $950,000 Jan 2025 3,885 SF
1181 High, Cumberland, RI 02864-6135 $490,000 Jul 2024 3,581 SF
1427 Diamond Hl, Cumberland, RI 02864-5549 $120,000 May 2024 3,200 SF
3191 Mendon, Cumberland, RI 02864-2402 $280,000 Jan 2024 3,479 SF
39 Dexter, Cumberland, RI 02864-7806 $22,500 Mar 2020 3,206 SF
2300 Diamond Hl, Cumberland, RI 02864-4746 $180,000 Sep 2019 2,918 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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