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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Investment properties
153 Butler Ave Central Falls, RI 02863-1904
Entity Owned
2-yr Hold
Property ID
US76-0328718
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.13 ac (5,706 SF)
Zoning code
R-3
APN
CENT M:07 P:3
UPID
US76-0328718
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
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Mario Hvac Svcs LLC · 2 yrs held
Mario Hvac Svcs LLC
since 2023
Last sale
$670,000
5 recorded transactions
Zoning & alternative use
R-3 · Central Falls, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-3 multi-household dwelling district. This zone is intended for medium density residential areas comprised of structures containing single dwelling units, two-dwelling units and multiple-dwelling units located on lots with a minimum land area of 5,000 sq. ft. and a minimum land area of 2,000 sq. ft. per dwelling unit. 101.2 - Commercial zoning districts.
Zone name
Multi Household Dwelling
General category
RESIDENTIAL
Zone area
307.02 ac
Source
Zoning Ordinance
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 Central Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Central Falls 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
$855,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $670k (Oct 20 2023)
Last sale anchor
$670k
Oct 20 2023
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
—
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 2018Property tax & assessments
Tax year 2018
Tax billed
$5,554
Tax year 2018
Assessed value
$357,600
Assessed 2024
Previous assessed
$357,600
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$80,600
Assessed improvement
$277,000
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
Heating
NONE
Buildings
2
Stories
3
Units
3
Lot
0.13 ac (5,706 SF)
Zoning code
R-3
APN
CENT M:07 P:3
UPID
US76-0328718
Jurisdiction
CENTRAL FALLS
Zoning & alternative use
R-3 · Central Falls, RIZoning R-3 · permitted uses
R-3 · Central Falls, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-3 multi-household dwelling district. This zone is intended for medium density residential areas comprised of structures containing single dwelling units, two-dwelling units and multiple-dwelling units located on lots with a minimum land area of 5,000 sq. ft. and a minimum land area of 2,000 sq. ft. per dwelling unit. 101.2 - Commercial zoning districts.
Zone name
Multi Household Dwelling
General category
RESIDENTIAL
Zone area
307.02 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Heating
NONE
Stories
3
Buildings
2
Units
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mario Hvac Svcs LLC
Entity
Mailing address
153 BUTLER AVE, CENTRAL FALLS, RI 02863-1904
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
—
Mario Hvac Svcs LLC
—
Deed
related
$50,000 · Katherine Seabrook
Oct 20, 2023
$670,000
Mario Hvac Svcs LLC
Jose A Sousa
Warranty Deed
$569,500 · Jose Sousa
Apr 30, 2019
—
Jose A Sousa
—
Deed
related
$225,000 · Navigant Cu
Apr 12, 2002
$107,500
Jose A Sousa
Brunelle,anna M
Grant Deed
$80,625 · Credit Union Central Falls
—
—
Jose A Sousa
—
Deed Of Trust
related
$225,000 · Navigant 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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