Financial
Distress signals
Property profile

232 Water St Block Island, RI 02807

OFF-MARKET
Showrooms
Property ID
US76-0099613
3,895 SF 0.13 ac lot Built 1888
Last sale Dec 2018 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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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$824k
Assessed land$565k
Assessed improvement$259k
Effective rate0.55%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
County average, outlier-cleaned · 234 recorded sales of this use type
Observed band · Q1–Q3$113 – $305
Qualifying comparables5

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?
OHC
JurisdictionBLOCK ISLAND

Location intelligence

Which uses thrive at this corner?

Location

232 Water St Block Island, RI 02807-7711
County assessor Recorded deeds · 3 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
85 Ocean, Block Island, RI 02807 $1,865,000 Mar 2025 2,992 SF
145 Dodge, Block Island, RI 02807 $2,400,000 Apr 2023 2,285 SF
34 Ocean, Block Island, RI 02807-7728 $1,700,000 Nov 2022 5,122 SF
508 Old Town, Block Island, RI 02807-7849 $1,750,000 Sep 2019 6,112 SF
439 Dodge, Block Island, RI 02807 $5,330,000 Feb 2019 2,100 SF
135 Side, Block Island, RI 02807 $7,800,000 Nov 2018 4,616 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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