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    Property profile & analytics

    40 Narragansett Ave Jamestown, RI 02835-1166

    • Investment properties
    • 3,840 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Jul 02, 2024
    Location Intelligence
    Property ID
    US76-0084226
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Islandish Marketplace presented by Chopmist Charlies / Restaurant / Fresh Food Market

    Property Details for 40 Narragansett Ave

    Year built
    1928
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    3,840 SF
    Zone code
    CD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    JAME M:8 L:471
    APU
    JAMEM8L471

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Newport
    State
    Rhode Island
    Longitude
    -71.3702
    Latitude
    41.4964
    CBSA code
    39300
    CBSA name
    PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,917
    $379,500
    $324,900
    $704,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.75 Acres

      120 Racquet Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.75 Acres
      120 Racquet Rd, Jamestown, RI 02835-2929
      View Details
    • Value Estimation
      $375,000
      0.70 Acres

      32 Swsw Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.70 Acres
      32 Swsw Ave, Jamestown, RI 02835-1120
      View Details
    • Value Estimation
      $395,000
      540 SF

      48-52 Swsw Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 540 SF
      48-52 Swsw Ave, Jamestown, RI 02835
      View Details
    • Value Estimation
      $435,000
      2,951 SF

      17 Narragansett Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,951 SF
      17 Narragansett Ave, Jamestown, RI 02835-1139
      View Details
    • Value Estimation
      $275,000
      1,446 SF

      7 Watson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,446 SF
      7 Watson Ave, Jamestown, RI 02835-1417
      View Details
    • Value Estimation
      $290,000
      6,564 SF

      79 Nn Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,564 SF
      79 Nn Rd, Jamestown, RI 02835-1497
      View Details

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    Jamestown, RI 02835-1166
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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