Financial
Distress signals
Property profile

241 Narragansett Park Dr 243 Rumford, RI 02916

OFF-MARKET
Showrooms
Property ID
US76-0218104
6,795 SF 0.83 ac lot Built 1989
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$647k
Assessed land$272k
Assessed improvement$375k
Effective rate2.39%

Value estimate

· Sep 2026
$330k
$297k – $363k
Sales comparison$880k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
Submarket average, outlier-cleaned · 137 recorded sales of this use type
Observed band · Q1–Q3$88 – $230
Qualifying comparables21

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I3
JurisdictionEAST PROVIDENCE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.8
Law Firm21.4
Dental Office20.9

Location

241 Narragansett Park Dr, Unit 243 Rumford, RI 02916-1043
County assessor Recorded deeds · not on file 21 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
150 Newport, Rumford, RI 02916-2038 $600,000 Mar 2024 7,751 SF
15 Cir, Rumford, RI 02916-1004 $366,500 Jul 2023 5,828 SF
1246 Pawtucket, Rumford, RI 02916-1425 $350,000 Nov 2022 4,340 SF
200 Newport, Rumford, RI 02916-2023 $450,000 Sep 2022 3,600 SF
125 Newport, Rumford, RI 02916-2024 $4,057,471 Jul 2022 6,224 SF
324 Broadway, Rumford, RI 02916-3519 $550,000 Sep 2021 4,341 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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