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Property profile & analytics
OFF-MARKET
Estimated value
$345,000
Investment properties
23 Weaver St West Warwick, RI 02893-4743
Individually Owned
7-yr Hold
Free & Clear
Property ID
US76-0406936
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Construction
FRAME
Total area
2,522 SF
Lot
0.09 ac (3,751 SF)
Zoning code
R-6
APN
WWAR 005-0378-0-000
UPID
US76-0406936
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
Kevin Ritchotte · 7 yrs held
Kevin Ritchotte
since 2019
4 recorded transactions
Zoning & alternative use
R-6 · West Warwick, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
sory uses cannot exist without nor precede any principal use on a vacant lot. Accessory uses are subject to all the requirements of this appendix except as otherwise provided herein. RESIDENTIAL DISTRICTS R-10 R-8 R-7.5 R-6 A. Residential uses 1. Dwelling, single-family Y Y Y Y 2. Dwelling, two-family Y Y Y Y 3. Dwelling, multiple-family S S S S 4. Dwelling…
Zone name
Residential Minimum 6000 Sq Ft
General category
RESIDENTIAL
Zone area
246.89 ac
Source
code of ordinances
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 West Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Warwick 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
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$345k
Range $311k – $380k · ±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
$137 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$145,800
Assessed 2023
Previous assessed
$145,800
+0.0% YoY
Assessed land
$59,500
Assessed improvement
$86,300
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
Year built
1940
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
2
Total area
2,522 SF
Lot
0.09 ac (3,751 SF)
Zoning code
R-6
APN
WWAR 005-0378-0-000
UPID
US76-0406936
Jurisdiction
WEST WARWICK
Zoning & alternative use
R-6 · West Warwick, RIZoning R-6 · permitted uses
R-6 · West Warwick, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
sory uses cannot exist without nor precede any principal use on a vacant lot. Accessory uses are subject to all the requirements of this appendix except as otherwise provided herein. RESIDENTIAL DISTRICTS R-10 R-8 R-7.5 R-6 A. Residential uses 1. Dwelling, single-family Y Y Y Y 2. Dwelling, two-family Y Y Y Y 3. Dwelling, multiple-family S S S S 4. Dwelling lawfully existing prior to adoption of this ordinance Y Y Y Y 5. Mobile homes X X X
Zone name
Residential Minimum 6000 Sq Ft
General category
RESIDENTIAL
Zone area
246.89 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Kevin Ritchotte
Individual
Free & Clear · 7 yrs held
Mailing address
71 E GREENWICH AVE, WEST WARWICK, RI 02893-5439
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2019
$110,000
Kevin Ritchotte
USA
Warranty Deed
—
May 17, 2018
$7,252
Council Of Giants LLC
Deng,qui L
Redemption Deed
—
Jul 13, 2016
$110,000
Qui Liang-deng
Ruzzo,domenic J
Warranty Deed
—
May 1, 2009
$115,000
Domenic J Ruzzo
Roge Off Rlty
Warranty Deed
$80,500 · Centreville Savings Bank
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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