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Property profile & analytics
FOR LEASE
Investment properties
37 Washington St 1 West Warwick, RI 02893
Individually Owned
1-yr Hold
Absentee Owner
Property ID
US76-0029237
For Lease
1 / 7
$2,000/Mo
37 Washington St,Unit 1, West Warwick, RI 02893
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,986 SF
Lot
0.24 ac (10,585 SF)
APN
WWAR 006-0426-0-000
UPID
US76-0029237
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
-
Medical Group of Rhode Island Medical Group
-
Karim Khanbhai Pediatrician Medical Clinic
-
Children's Choice Pediatrics Pediatrician Medical Clinic
-
Luann M. Kelly, NP Registered General Nurse
-
Grillo Iulia MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$315k
Owner & transaction history
Pascaline Uwase · 1 yrs held
Pascaline Uwase
since 2024
Last sale
$314,900
7 recorded transactions
Zoning & alternative use
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 West Warwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Warwick 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
$315,000
ML approach
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$315k
Range $336k – $411k · vs last sale $315k (Jun 17 2024)
Last sale anchor
$315k
Jun 17 2024
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
$21 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$18,917
Tax year 2022
Assessed value
$2,131,100
Assessed 2023
Previous assessed
$2,131,100
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$71,600
Assessed improvement
$2,059,500
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
For Lease
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
6
Stories
2
Units
30
Total area
14,986 SF
Lot
0.24 ac (10,585 SF)
APN
WWAR 006-0426-0-000
UPID
US76-0029237
Jurisdiction
WEST WARWICK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
6
Units
30
Lot
0.24 ac
Current owner
From public records · entity-resolved
Pascaline Uwase
Individual
Mailing address
35 FLY JIB CT JAMESTOWN
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
$315,000
Pascaline Uwase
Washington Cap Invs LLC
Warranty Deed
$296,100 · Centerville Bank
Jun 17, 2024
$314,900
Vanessa L Jackson
Washington Cap Invs LLC
Warranty Deed
$305,453 · Centreville Bank
Aug 18, 2023
$324,900
Brenna C Rainey
Washington Cap Invs LLC
Warranty Deed
$199,900 · The Washington Trust Co Of Westerly
Jul 10, 2019
$565,000
Washington Cap Inv
Bllg Realty LLC
Warranty Deed
$452,000 · Pawtucket Cu
Nov 8, 2006
$230,000
Paul A Lague
Powers,lucille M
Grant Deed
$230,000 · Zenon Grzybowski
Mar 13, 1998
—
Bllg Rlty LLC
—
Deed Of Trust
related
$522,500 · Fleet National Bank
Dec 23, 1996
$150,000
Bllg Realty Ltd
Donat INC
Grant Deed
$150,000 · Fleet Mortgage Corp
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.
Try Rey
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