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Property profile & analytics
OFF-MARKET
Estimated value
$365,000
Investment properties
1032 Main Rd Middletown, RI 02842-5374
Individually Owned
13-yr Hold
Property ID
US76-0294401
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1878
Total area
2,544 SF
Lot
1 ac (43,560 SF)
Zoning code
R30A
APN
MIDD M:0118 B:00 L:4
UPID
US76-0294401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Gill Irrigation Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$365k
Owner & transaction history
Elizabeth M Gill · 13 yrs held
Elizabeth M Gill
since 2013
6 recorded transactions
Zoning & alternative use
R30A · Middletown, RI
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$365k
Range $329k – $402k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$713,100
Assessed 2024
Previous assessed
$488,700
+45.9% YoY
Assessed land
$334,900
Assessed improvement
$378,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1878
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
3
Total area
2,544 SF
Lot
1 ac (43,560 SF)
Zoning code
R30A
APN
MIDD M:0118 B:00 L:4
UPID
US76-0294401
Jurisdiction
MIDDLETOWN
Zoning & alternative use
R30A · Middletown, RIZoning R30A · permitted uses
R30A · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
§ 502 OFFICIAL ZONING MAP.
Building & site characteristics
From public records
Year built
1878
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Elizabeth M Gill
Individual
Mailing address
1032 E MAIN RD, MIDDLETOWN, RI 02842-5374
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2013
—
Elizabeth M Gill
—
Deed Of Trust
related
$120,000 · Bank Of Newport
Mar 14, 2008
—
William Gill
—
Deed Of Trust
related
$385,000 · Peoples Cu
May 23, 2006
—
William Gill
—
Deed Of Trust
related
$200,000 · Peoples Cu
Sep 2, 2005
—
William J Gill
—
Deed Of Trust
related
$235,000 · Peoples Cu
Oct 31, 2002
—
William J Gill
—
Deed Of Trust
related
$121,000 · Peoples Cu
Jan 30, 1996
—
William J Gill
—
Deed Of Trust
related
$132,500 · Peoples Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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