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Property profile & analytics
OFF-MARKET
Investment properties
3449 Mendon Rd, Cumberland, RI 02864-2114
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US76-0333301
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
FRAME
Total area
1,942 SF
Lot
0.57 ac (25,003 SF)
Zoning code
R-1
APN
CUMB M:052 B:0002 L:000
UPID
US76-0333301
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
Peter S Lockey · 26 yrs held
Peter S Lockey
since 1999
5 recorded transactions
Zoning & alternative use
R-1 · Cumberland, 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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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
Tax billed
$4,186
Tax year 2024
Assessed value
$350,300
Assessed 2024
Previous assessed
$350,300
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$220,400
Assessed improvement
$129,900
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
1850
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Rooms
8
Bathrooms
3
Total area
1,942 SF
Lot
0.57 ac (25,003 SF)
Zoning code
R-1
APN
CUMB M:052 B:0002 L:000
UPID
US76-0333301
Jurisdiction
CUMBERLAND
Zoning & alternative use
R-1 · Cumberland, RI
Zoning R-1 · permitted uses
R-1 · Cumberland, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumberland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Rooms
8
Bathrooms
3
Lot
0.57 ac
Current owner
From public records · entity-resolved
Peter S Lockey
Individual
Mailing address
3449 MENDON RD, CUMBERLAND, RI 02864-2114
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2019
—
Peter S Lockey
—
Deed
related
$150,000 · Navigant Cu
Sep 18, 2002
—
Peter S Lockey
—
Deed Of Trust
related
$210,500 · National City Mortgage Co
Nov 20, 2000
—
Peter S Lockey
—
Deed Of Trust
related
$30,000 · Bank Of Rhode Island
Oct 29, 1999
$148,450
Peter S Lockey
Angell,arthur L
Grant Deed
$131,755 · Bank Of Rhode Island
—
—
Peter S Lockey
—
Deed Of Trust
related
$150,000 · Navigant Cu
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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