Financial
Distress signals
Property profile

196 Waterman St Providence, RI 02906

OFF-MARKET
Investment properties
Property ID
US76-0166891
3,444 SF 0.12 ac lot Built 1900
Last sale Jun 2022 · $1,005,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
Saved · see the list in your Dashboard
Market Trends Soon

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 · 2023$765k
Assessed land$353k
Assessed improvement$412k

Value estimate

· Sep 2026
$1.28M
$1.15M – $1.41M
AI approach$1.20M
CAP approach$750k
Sales comparison$1.40M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$323/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$217 – $444
Qualifying comparables16

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-P
The purpose of the R-P Residential Professional District is intended to preserve and enhance the residential integrity of select heavily ...
General categoryCOMMERCIAL
JurisdictionPROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service11.0
Kitchen & Bath10.3
Daycare Center10.2

Location

196 Waterman St Providence, RI 02906-4071
County assessor Recorded deeds · 8 transfers 16 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
226 Waterman, Providence, RI 02906-4387 $1,075,000 May 2025 3,633 SF
217 Angell, Providence, RI 02906-2120 $4,863,773 Oct 2024 3,336 SF
237 Wayland, Providence, RI 02906-4568 $487,500 Apr 2023 3,280 SF
185 Cp, Providence, RI 02906-1833 $155,000 Feb 2023 3,285 SF
431 Lloyd, Providence, RI 02906-4546 $725,000 Jun 2022 3,621 SF
335 Ives, Providence, RI 02906-3927 $625,000 Jan 2022 3,384 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 196 Waterman St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message