Financial
Distress signals
Property profile

60-62 Spg St 62 Newport, RI 02840

OFF-MARKET
Investment properties
Property ID
US76-0214548
1,532 SF 0.02 ac lot Built 1978
Last sale Dec 2019
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

Assessed value$375k
Assessed land$179k
Assessed improvement$196k
Value estimate · Sep 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?

$362/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$167 – $560
Qualifying comparables25
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

GB
R-40A Residential R-60 District R-60 Residential R-120 District R-120 Residential R-160 District R-160 B. Commercial Districts Code Limit...
General categoryCOMMERCIAL
JurisdictionNEWPORT
Location intelligence

Which uses thrive at this corner?

Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.9
Auto Repair Shop10.5
Auto Parts Store10.4

Location

60-62 Spg St, Unit 62 Newport, RI 02840-6803
County assessor Recorded deeds · 1 transfer 25 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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More about this property
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