Financial
Distress signals
Property profile

157 Rathbun St Woonsocket, RI 02895

FOR SALE
Other investment properties
Property ID
US76-0202954
4,949 SF 0.26 ac lot Built 1900
Last sale Dec 2023 · $2,250,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years.
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Property summary

AI-generated overview

The property is a multifamily portfolio in Woonsocket, Rhode Island located at 157 Rathbun Street, consisting of four separate apartment buildings totaling 23 residential units. The complex includes an on-site parking lot with capacity for approximately 50 vehicles, supporting tenant parking needs. The site is reported as 0.7 acres with a total building area of about 17,246 square feet. The property is identified as having stabilized characteristics, and the zoning is listed as R4. The

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

What does the county charge?
Assessed value · 2024$273k
Assessed land$42k
Assessed improvement$230k

Value estimate

· Sep 2026
$2.87M
$2.58M – $3.15M
AI approach$2.81M
NOI build-up
Gross scheduled income$441k
Vacancy & credit loss−$26k
Operating expenses−$186k
NOI · 7.86% cap applied$228k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$119/SF
ZIP average, outlier-cleaned · 130 recorded sales of this use type
Observed band · Q1–Q3$59 – $185
Qualifying comparables8

Cap rate analysis

How does the asset earn?
7.86%
$228k 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?
R4
JurisdictionWOONSOCKET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.8
Parking Facility10.1
Garden Center9.9

Location

157 Rathbun St Woonsocket, RI 02895
County assessor Recorded deeds · 3 transfers 8 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
190 Arnold, Woonsocket, RI 02895-2920 $265,000 May 2025 4,401 SF
32 Main, Woonsocket, RI 02895-4313 $1,400,000 Apr 2025 6,525 SF
165 Arnold, Woonsocket, RI 02895-2903 $580,000 Mar 2025 5,835 SF
112-114 Main, Woonsocket, RI 02895 $780,000 Oct 2024 5,590 SF
168 Rockland, Woonsocket, RI 02895-5767 $405,000 Aug 2024 3,640 SF
825 Park, Woonsocket, RI 02895-5897 $450,000 Feb 2024 3,918 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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