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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Investment properties
599 Arnold Rd Coventry, RI 02816-4134
Entity Owned
13-yr Hold
Property ID
US76-0166965
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1988
Total area
9,600 SF
Lot
1.13 ac (49,223 SF)
Zoning code
2000
APN
COVE M:7 L:9
UPID
US76-0166965
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
-
Northstar Medical Billing Incorporated Medical Billing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$500k
Owner & transaction history
J&r Contracors INC · 13 yrs held
J&r Contracors INC
since 2013
7 recorded transactions
Zoning & alternative use
2000 · Coventry, 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$52 / 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 2024Property tax & assessments
Tax year 2024
Assessed value
$828,800
Assessed 2024
Previous assessed
$828,800
+0.0% YoY
Assessed land
$339,000
Assessed improvement
$489,800
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
1988
Heating
ELECTRIC
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
9,600 SF
Lot
1.13 ac (49,223 SF)
Zoning code
2000
APN
COVE M:7 L:9
UPID
US76-0166965
Jurisdiction
COVENTRY
Zoning & alternative use
2000 · Coventry, RIZoning 2000 · permitted uses
2000 · Coventry, RI
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
1988
Heating
ELECTRIC
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
J&r Contracors INC
Entity
Mailing address
599 ARNOLD RD, COVENTRY, RI 02816-4134
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2013
$103,600
J&r Contracors INC
Walker,daniel
Foreclosure
related
—
Apr 7, 2008
—
Properties Ruzzo
—
Deed Of Trust
related
$560,000 · Centreville Savings Bank
Apr 8, 1998
—
Ruzzo Prop LLC
—
Deed Of Trust
related
$300,000 · Centreville Savings Bank
Dec 2, 1997
—
J & R Contractors INC
—
Deed Of Trust
related
$60,000 · Centreville Savings Bank
Jan 16, 1997
—
J&r Contractors INC
—
Deed Of Trust
related
$93,800 · Centreville Savings Bank
Sep 11, 1996
$40,000
J&r Contractors INC
Bourque,leo J
Grant Deed
—
Mar 4, 1996
—
J&r Contractors INC
—
Deed Of Trust
related
$148,000 · Centreville Savings Bank
Jul 26, 1991
$57,500
John Ruzzo
Auger,edgar
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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