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Property profile & analytics
OFF-MARKET
Estimated value
$350,000
Investment properties
188 Waseca Ave Barrington, RI 02806-3522
Individually Owned
5-yr Hold
Free & Clear
Property ID
US76-0308785
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
2,418 SF
Lot
0.24 ac (10,476 SF)
Zoning code
NB
APN
BARR M:23 L:244
UPID
US76-0308785
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
-
K L Hair Designers Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
T Kathleen Balasco · 5 yrs held
T Kathleen Balasco
since 2020
2 recorded transactions
Zoning & alternative use
NB · Barrington, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Neighborhood Business District (NB). This district contains areas of the community in which business uses are permitted which are in character and scale with, and appropriate to, proximate residential uses. It is intended to provide areas for commercial and retail activities which do not generate the traffic, glare, noise or larger parking areas associated w…
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
62.88 ac
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 Barrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barrington 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$350k
Range $315k – $385k · ±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
$145 / 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
Tax billed
$7,301
Tax year 2024
Assessed value
$495,000
Assessed 2024
Previous assessed
$400,000
+23.8% YoY
Effective rate
1.47%
On assessed value
Assessed land
$239,000
Assessed improvement
$256,000
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
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
2,418 SF
Lot
0.24 ac (10,476 SF)
Zoning code
NB
APN
BARR M:23 L:244
UPID
US76-0308785
Jurisdiction
BARRINGTON
Zoning & alternative use
NB · Barrington, RIZoning NB · permitted uses
NB · Barrington, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Neighborhood Business District (NB). This district contains areas of the community in which business uses are permitted which are in character and scale with, and appropriate to, proximate residential uses. It is intended to provide areas for commercial and retail activities which do not generate the traffic, glare, noise or larger parking areas associated with more intensive business uses allowed in the Business District. L.
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
62.88 ac
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
T Kathleen Balasco
Individual
Free & Clear · 5 yrs held
Mailing address
188 WASECA AVE, BARRINGTON, RI 02806-3522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
—
T Kathleen Balasco
Kathleen Balasco
Quit Claim Deed
related
—
Nov 21, 1988
—
Joseph Lombardi
—
Deed Of Trust
related
$100,000 · Worth Funding INC
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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