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Property profile & analytics
OFF-MARKET
Investment properties
1279 Chalkstone Ave, Providence, RI 02908-3946
Individually Owned
2-yr Hold
Property ID
US76-0235647
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
FRAME
Total area
1,488 SF
Lot
0.04 ac (1,877 SF)
Zoning code
R-2
APN
PROV M:116 L:607
UPID
US76-0235647
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cristina Valerio · 2 yrs held
Cristina Valerio
since 2024
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
R-2 · Providence, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Providence 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$197,100
Assessed 2024
Previous assessed
$197,100
+0.0% YoY
Assessed land
$61,400
Assessed improvement
$135,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1940
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Bathrooms
2
Total area
1,488 SF
Lot
0.04 ac (1,877 SF)
Zoning code
R-2
APN
PROV M:116 L:607
UPID
US76-0235647
Jurisdiction
PROVIDENCE
Zoning & alternative use
R-2 · Providence, RI
Zoning R-2 · permitted uses
R-2 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Cristina Valerio
Individual
Mailing address
1279 CHALKSTONE AVE, PROVIDENCE, RI 02908-3946
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
Cristina Valerio
—
Deed
related
$372,000 · Velocity Commercial Capital LLC
Jan 25, 2024
$300,000
Cristina Valerio
Heriberto Roman
Warranty Deed
$300,000 · Bluedog Capital Partners LLC
Feb 25, 2020
—
Heriberto Roman
—
Deed
related
$100,000 · Mechanics Cooperative Bank
Oct 31, 2016
—
Heriberto Roman
—
Deed
related
$105,000 · Velocity Com'l Cap
Apr 30, 2010
$50,000
Heriberto Roman
Ib Property Holdings LLC
Grant Deed
$54,000 · Keith Strickland
Apr 30, 2010
—
Heriberto Roman
—
Deed Of Trust
related
$38,000 · Keith Strickland
Apr 20, 2009
$148,000
Ib Property Holdings LLC
Bjorklund,melvy J
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 7, 2008
—
Melvy J Bjorkland
—
Deed Of Trust
related
$26,000 · Maria Rojas
Feb 8, 2008
—
Melvy J Bjorklund
—
Deed Of Trust
related
$26,000 · Maria Rojas
Nov 2, 2007
$1
Alberto Rojas
Ashness,robert E
Grant Deed
related
—
Oct 19, 2007
$250,000
Melvy J Bjorklund
Rojas,alberto
Warranty Deed
$187,500 · Interbay Funding LLC
Mar 9, 2004
—
Maria L Rojas
—
Deed Of Trust
related
$143,000 · Delta Funding
Dec 26, 2002
—
Alberto R Rojas
—
Deed Of Trust
related
$97,500 · Delta Funding
Dec 17, 1999
$56,000
Alberto R Rojas
Foley,robert D 3rd
Grant Deed
$41,800 · Delta Funding Corp
Jun 1, 1998
$53,000
Robert D Foley 3rd
Giammarco,anthony G
Grant Deed
$34,450 · First Federal Savings Bank
—
—
Heriberto Roman
—
Deed Of Trust
related
$105,000 · Velocity Com'l Cap
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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