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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Investment properties
343 Grn End Ave, Middletown, RI 02842-5620
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US76-0378466
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1938
Total area
3,294 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R20
APN
MIDD M:0114 B:00 L:105
UPID
US76-0378466
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
$315k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$393k
Blend (final)
Blend
$515k
Owner & transaction history
Jonelle H Draper · 8 yrs held
Jonelle H Draper
since 2017
7 recorded transactions
Zoning & alternative use
R20 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$315,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$156 / 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
Tax billed
$5,669
Tax year 2023
Assessed value
$722,400
Assessed 2024
Previous assessed
$450,300
+60.4% YoY
Effective rate
0.78%
On assessed value
Assessed land
$303,300
Assessed improvement
$419,100
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
1938
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
9
Bathrooms
3
Total area
3,294 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R20
APN
MIDD M:0114 B:00 L:105
UPID
US76-0378466
Jurisdiction
MIDDLETOWN
Zoning & alternative use
R20 · Middletown, RI
Zoning R20 · permitted uses
R20 · Middletown, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1938
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
9
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Jonelle H Draper
Individual
Mailing address
343 GRN END AVE, MIDDLETOWN, RI 02842-5620
Ownership since
2017
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
Nov 1, 2017
—
Jonelle H Draper
Edward R Draper
Warranty Deed
related
$288,000 · Eastern Bank
Feb 3, 2014
—
Edward R Draper
—
Deed Of Trust
related
$260,000 · Peoples Cu
Jun 16, 2010
—
Edward R Draper
—
Deed Of Trust
related
$140,000 · Peoples Cu
Jun 23, 2008
—
Edward Draper
—
Deed Of Trust
related
$113,000 · Peoples Cu
Oct 22, 2007
—
Edward Draper
—
Deed Of Trust
related
$150,000 · Peoples Cu
Feb 23, 2004
—
Edward Draper
—
Deed Of Trust
related
$50,000 · Peoples Cu
Oct 1, 2002
—
Edward R Draper
—
Deed Of Trust
related
$130,000 · Peoples Cu
Oct 19, 1999
—
Edward P Draper
—
Deed Of Trust
related
$10,000 · Bank Of Newport
Jul 27, 1998
$115,000
Edward R Draper
Martins,ann M
Grant Deed
$109,000 · Peoples Cu
Nov 19, 1996
—
Donna M Clark
—
Deed Of Trust
related
$15,000 · Bank Of Newport
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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