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Property profile & analytics
FOR LEASE
Investment properties
1390 Mendon Rd, Cumberland, RI 02864
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US76-0347328
For Lease
1 / 8
$1,095/Mo
1390 Mendon Rd, Cumberland, RI 02864
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1885
Construction
FRAME
Total area
6,089 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-1
APN
CUMB M:058 B:0005 L:000
UPID
US76-0347328
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
R & R Prop LLC · 1 yrs held
R & R Prop LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-1 · Cumberland, 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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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
Tax billed
$5,861
Tax year 2024
Assessed value
$490,500
Assessed 2024
Previous assessed
$490,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$136,800
Assessed improvement
$353,700
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
For Lease
Year built
1885
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
5
Total area
6,089 SF
Lot
0.7 ac (30,492 SF)
Zoning code
C-1
APN
CUMB M:058 B:0005 L:000
UPID
US76-0347328
Jurisdiction
CUMBERLAND
Zoning & alternative use
C-1 · Cumberland, RI
Zoning C-1 · permitted uses
C-1 · Cumberland, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumberland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1885
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
5
Lot
0.7 ac
Current owner
From public records · entity-resolved
R & R Prop LLC
Entity
Mailing address
1390 MENDON RD, CUMBERLAND, RI 02864-4867
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2025
$900,000
R & R Prop LLC
Tz Bear & Assoc INC
Warranty Deed
$810,000 · Tz Bear & Assoc
Mar 13, 2024
—
Chelsea Jane LLC
—
Deed
related
$590,000 · Ryanna LLC
Dec 4, 2019
—
Tz Bear&associates INC
—
Deed
related
$155,000 · Freedom National Bank
Sep 13, 2011
—
Tz Bear And Assoc INC
—
Deed Of Trust
related
$220,000 · Sovereign Bank
Jul 18, 2005
—
T 2 Bear & Assoc INC
—
Deed Of Trust
related
$75,000 · Freedom National Bank
Apr 1, 2003
—
T Z Bear & Assoc INC
—
Deed Of Trust
related
$300,000 · Freedom National Bank
Jun 28, 2000
—
Tz Bear & Assoc INC
—
Deed Of Trust
related
$260,000 · Timothy Johnson
Jul 8, 1996
$160,000
Tz Bear & Assoc INC
First B&t Co
Grant Deed
$265,000 · First Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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