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Property profile & analytics
OFF-MARKET
Investment properties
2364 Putnam Pike Chepachet, RI 02814-1145
Individually Owned
3-yr Hold
Property ID
US76-0324531
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
4.41 ac (192,100 SF)
Zoning code
40
APN
GLOC M:004 B:049
UPID
US76-0324531
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
Stanley Cornelius · 3 yrs held
Stanley Cornelius
since 2023
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
40 · Chepachet, 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 Chepachet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chepachet 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
Assessed value
$399,700
Assessed 2024
Previous assessed
$399,700
+0.0% YoY
Assessed land
$111,300
Assessed improvement
$288,400
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
Heating
NONE
Buildings
2
Units
1
Lot
4.41 ac (192,100 SF)
Zoning code
40
APN
GLOC M:004 B:049
UPID
US76-0324531
Jurisdiction
GLOCESTER
Zoning & alternative use
40 · Chepachet, RIZoning 40 · permitted uses
40 · Chepachet, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
1
Lot
4.41 ac
Current owner
From public records · entity-resolved
Stanley Cornelius
Individual
Mailing address
1022 MAIN ST, HAVERHILL, MA 01830-2067
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
—
Stanley Cornelius
Stanley Cornelius
Quit Claim Deed
related
—
Oct 13, 2020
$400,000
Stanley Ft Trust
Eleuterio Torti
Trustees Deed
$250,000 · Eleuterio Torto
Oct 18, 2018
—
Richard A Ballou
Torti Eleuterio
Trustees Deed
—
Jun 30, 2017
—
Torti,eleuterio Family Trust
Torti Eleuterio Family Trust
Trustees Deed
related
—
Oct 22, 2009
$1,000
Eleuterio Torti Ret
Cuff,david W
Warranty Deed
—
Jul 30, 2009
$190,000
Eleuterio Torti Ft
Ib Property Holdings
Warranty Deed
—
Jan 5, 2009
$221,000
Ib Property Holdings LLC
New Eng Dirt Rider LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 28, 2006
—
New England Dirt Riders
—
Deed Of Trust
related
$322,500 · Interbay Funding LLC
Jul 23, 2002
$50,000
Kenneth Law
Law,randall
Grant Deed
related
—
Feb 1, 1999
$36,000
Kenneth Law
Law-maynard,joan
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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