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Property profile & analytics
FOR SALE
Investment properties
605 Broadway, Pawtucket, RI 02860
Individually Owned
1-yr Hold
Property ID
US76-0026065
For Sale
1 / 23
$849,900
605 Broadway, Pawtucket, RI 02860
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
3,650 SF
Lot
0.1 ac (4,375 SF)
Zoning code
CG
APN
PAWT M:08 L:0078
UPID
US76-0026065
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
-
605 Broadway's Bar & Kitchen Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$580k
Owner & transaction history
Maria L Baptista · 1 yrs held
Maria L Baptista
since 2024
Last sale
$669,500
7 recorded transactions
Zoning & alternative use
CG · Pawtucket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$700,000
+52.5%
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 Pawtucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawtucket 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
$495,000
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$460,000
Current use
OFFICE BUILDING
$700,000
Change: +53% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $670k (Sep 6 2024)
Last sale anchor
$670k
Sep 6 2024
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
$159 / 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 2023Property tax & assessments
Tax year 2023
Assessed value
$347,400
Assessed 2023
Previous assessed
$347,400
+0.0% YoY
Assessed land
$67,500
Assessed improvement
$279,900
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
For Sale
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Bathrooms
4
Total area
3,650 SF
Lot
0.1 ac (4,375 SF)
Zoning code
CG
APN
PAWT M:08 L:0078
UPID
US76-0026065
Jurisdiction
PAWTUCKET
Zoning & alternative use
CG · Pawtucket, RI
Zoning CG · permitted uses
CG · Pawtucket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pawtucket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$460,000
OFFICE BUILDING
Est. value
$700,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Maria L Baptista
Individual
Mailing address
605 BROADWAY, PAWTUCKET, RI 02860-1211
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$669,500
Maria L Baptista
Mauricio Ruiz
Warranty Deed
$657,373 · Nations Direct Mortgage LLC
Nov 27, 2023
—
Indira Ruiz
—
Deed
related
$220,000 · Marchionte Capital LLC
Jun 9, 2023
—
Mauricio Ruiz
—
Deed
related
$25,500 · Bluedog Capital Partners LLC
May 3, 2023
—
Mauricio Ruiz
—
Deed
related
$189,000 · Bluedog Capital Partners LLC
Apr 10, 2023
—
Mauricio Ruiz
—
Deed
related
$508,750 · Home Point Financial Corporation
Jun 15, 2022
—
Mauricio Ruiz
Mauricio Ruiz
Quit Claim Deed
related
—
Aug 11, 2021
—
Mauricio Ruiz
—
Deed
related
$399,507 · Home Point Financial Corporation
Oct 9, 2020
$407,000
Mauricio Ruiz
Steven Simon Ret
Deed
$399,628 · Ocmbc INC
May 31, 2012
$1
Stevan Ret Simon
Simon,stevan C
Warranty Deed
—
Jul 26, 2010
$1
Richard Patenaude
Pawtucket Water Supply
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Jul 19, 2010
$115,000
Stevan C Simon
Bayview Loan Servicing
Warranty Deed
—
Jun 29, 2010
$1,126
Manda Panda Partners
Patenaude,richard
Grant Deed
—
Apr 19, 2010
$187,000
Bayview Loan Svcng LLC
Patenaude,richard S
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 29, 2005
$335,000
Richard Pantenaude
Dimitrius Tsafonias
Deed
$270,680 · Equity One INC
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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