Property profile

550 Thames St Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0053583
5,496 SF 0.1 ac lot Built 1980
Individually Owned 35-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1980
Construction FRAME
Total area 5,496 SF
Lot 0.1 ac (4,238 SF)
Zoning code LB
APN NEWP M:035 B:0257
UPID US76-0053583

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vacation Rental Real Estate Agency
  • Vacation Rental

Location

550 Thames St Newport, RI 02840-6714
Newport metro Census 41000 PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$855k
Comparable Approach Comparable
$785k
Blend (final) Blend
$895k

Owner & transaction history

since 1991
2 recorded transactions
1997
Price N/A
1991
$205,000

Zoning & alternative use

LB · Newport, RI
Zoning description

-20 Residential R-40 District R-40 Residential R-40A District R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limited Business District…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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