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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Investment properties
354 Hopkins Hl Rd Coventry, RI 02816-6332
Individually Owned
15-yr Hold
Property ID
US76-0143107
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Construction
FRAME
Total area
1,800 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R-20
APN
COVE M:13 L:35-002
UPID
US76-0143107
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
Current use
Occupant on record · Public records
-
Eli Engineering Co Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
Eliason,eric A · 15 yrs held
Eliason,eric A
since 2011
7 recorded transactions
Zoning & alternative use
R-20 · Coventry, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
r dimensional variance and special use permit applications, notice shall be sent to all property owners within 500 feet measured from the perimeter of the property boundary, except in the case of applications within the R-20 Zoning District in which the notice shall be sent to all property owners within 200 feet measured from the perimeter of the property bo…
Zone name
Residential District
General category
RESIDENTIAL
Zone area
5,954.18 ac
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 Coventry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±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
$197 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$4,521
Tax year 2019
Assessed value
$379,300
Assessed 2024
Previous assessed
$379,300
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$141,500
Assessed improvement
$237,800
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
1926
Construction
FRAME
Heating
WOOD FURNACE
Cooling
YES
Buildings
2
Stories
2
Units
2
Rooms
6
Bathrooms
2
Total area
1,800 SF
Lot
0.52 ac (22,651 SF)
Zoning code
R-20
APN
COVE M:13 L:35-002
UPID
US76-0143107
Jurisdiction
COVENTRY
Zoning & alternative use
R-20 · Coventry, RIZoning R-20 · permitted uses
R-20 · Coventry, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
r dimensional variance and special use permit applications, notice shall be sent to all property owners within 500 feet measured from the perimeter of the property boundary, except in the case of applications within the R-20 Zoning District in which the notice shall be sent to all property owners within 200 feet measured from the perimeter of the property boundary. E. For use variance applications, notice shall be sent to all property owner
Zone name
Residential District
General category
RESIDENTIAL
Zone area
5,954.18 ac
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
WOOD FURNACE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Rooms
6
Bathrooms
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Eliason,eric A
Individual
Mailing address
354 HOPKINS HL RD, COVENTRY, RI 02816-6332
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Jan 30, 2026
—
Eric A Eliason
—
Deed
related
$180,000 · Citizens Bank
May 22, 2013
—
Eric A Eliason
—
Deed Of Trust
related
$147,000 · Greenwood Cu
Jan 5, 2011
—
Eliason,eric A
—
Grant Deed
related
$168,000 · Coastway Cu
Jan 5, 2011
$1
Eliason,eric A
Eliason,eric A
Grant Deed
related
—
Feb 2, 2010
—
Eric A Eliason
—
Deed Of Trust
related
$44,000 · Greenwood Cu
Jan 25, 2006
—
Eric A Eliason
—
Deed Of Trust
related
$15,000 · Citizens Bank Of Ri
Jun 21, 2004
—
Eric A Eliason
—
Deed Of Trust
related
$123,500 · Washington Mutual Bank
Jan 8, 2002
—
Eric A Eliason
—
Deed Of Trust
related
$108,000 · United Airlines FCU
Apr 28, 1999
—
Eric A Eliason
—
Deed Of Trust
related
$36,725 · Ri Equity Credit Corp
Apr 1, 1998
$85,000
Eric A Eliason
Bodell,gilbert R JR
Grant Deed
$68,000 · Columbia National INC
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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