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Property profile & analytics
OFF-MARKET
Investment properties
42 Putnam Pike, Johnston, RI 02919-2032
Entity Owned
12-yr Hold
Property ID
US76-0310980
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Total area
1,115 SF
Lot
0.36 ac (15,730 SF)
Zoning code
B2
APN
JOHN M:0038 L:134
UPID
US76-0310980
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
42 Putnam Pike Realty LLC · 12 yrs held
42 Putnam Pike Realty LLC
since 2013
6 recorded transactions
Zoning & alternative use
B2 · Johnston, 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 Johnston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johnston 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 2018Property tax & assessments
Tax year 2018
Tax billed
$6,606
Tax year 2018
Assessed value
$268,600
Assessed 2024
Previous assessed
$268,600
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$208,200
Assessed improvement
$60,400
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
1930
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,115 SF
Lot
0.36 ac (15,730 SF)
Zoning code
B2
APN
JOHN M:0038 L:134
UPID
US76-0310980
Jurisdiction
JOHNSTON
Zoning & alternative use
B2 · Johnston, RI
Zoning B2 · permitted uses
B2 · Johnston, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Johnston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
42 Putnam Pike Realty LLC
Entity
Mailing address
42 PUTNAM PIKE, JOHNSTON, RI 02919-2032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2013
—
42 Putnam Pike Realty LLC
Corsi Fitz LLC
Quit Claim Deed
related
—
Apr 26, 2012
$1,550,000
Jjp Route 44 Johnston LLC
Corsi Fitz LLC
Warranty Deed
$3,575,000 · Flagstar Bank Fsb
Oct 13, 2005
$285,000
Anthony Corsi
Labutti,donald J
Grant Deed
$228,000 · Lenders Network
Jun 2, 2003
—
Donald J Labutti
—
Deed Of Trust
related
$123,000 · American Mortgage Network INC
Sep 4, 2001
$123,500
Donald L Labutti
Disarro,peter
Grant Deed
$118,750 · Chase Manhattan Mortgage Corp
Nov 24, 1999
$126,000
Peter Disarro
Odonnell,george T
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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