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Property profile & analytics
FOR SALE
Investment properties
185 Spring St, Woonsocket, RI 02895
Entity Owned
10-yr Hold
Free & Clear
Property ID
US76-0028220
For Sale
1 / 44
$600,000
185 Spring St, Woonsocket, RI 02895
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
2,592 SF
Lot
0.36 ac (15,682 SF)
Zoning code
R3
APN
WOON M:13E L:47 U:14
UPID
US76-0028220
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
-
Alderwood Funeral Home & Crmtn Social Service Agency
-
Berarducci Funeral Home & Cremation Care Center Cremation Service Funeral Home
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
4th Generations LLC · 10 yrs held
4th Generations LLC
since 2016
6 recorded transactions
Zoning & alternative use
R3 · Woonsocket, 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 Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket 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 2023Property tax & assessments
Tax year 2023
Assessed value
$257,600
Assessed 2023
Previous assessed
$257,600
+0.0% YoY
Assessed land
$113,500
Assessed improvement
$144,100
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
For Sale
Year built
1930
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Bathrooms
3
Total area
2,592 SF
Lot
0.36 ac (15,682 SF)
Zoning code
R3
APN
WOON M:13E L:47 U:14
UPID
US76-0028220
Jurisdiction
WOONSOCKET
Zoning & alternative use
R3 · Woonsocket, RI
Zoning R3 · permitted uses
R3 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Bathrooms
3
Lot
0.36 ac
Current owner
From public records · entity-resolved
4th Generations LLC
Entity
Free & Clear · 10 yrs held
Mailing address
185 SPG ST, WOONSOCKET, RI 02895-1956
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
May 6, 2016
—
4th Generations LLC
Berarducci,annette M
Quit Claim Deed
related
—
Apr 23, 2014
$190,000
Aneete M Berarducci
185 Spring St Realty
Warranty Deed
—
May 10, 2005
$375,000
Todd W Lauzon
John E Linton III
Deed
$306,000 · Equity One INC
May 10, 2005
—
Todd W Lauzon
—
Deed Of Trust
related
$10,000 · Zenon Grzybowski
Oct 17, 1997
$106,000
John Linton
Dagostino,joanne M
Grant Deed
—
Mar 1, 1991
$116,000
Joanne M Dagostino
First Baptist Church
Grant Deed
$110,200 · First Nh Mortgage Corp
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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