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Property profile & analytics
OFF-MARKET
Investment properties
85 Burgess Ave East Providence, RI 02914-5201
Individually Owned
Absentee Owner
Free & Clear
Property ID
US76-0117573
Property summary
AI-generated overview
This exceptional East Providence property presents a rare live/work opportunity. The offering encompasses two buildings situated on a 5,005 square foot lot. One building is a single-family home boasting approximately 1,000 square feet of living space, including three bedrooms and one full bathroom plus a half bath. This provides comfortable residential quarters, ideal for minimizing commute times or generating rental income. The second building, a 1,000+ square foot commercial structure, offers a versatile blank canvas for various business ventures. Currently utilized for hydroponic agriculture, this space readily adapts to workshops, offices, or other suitable uses. The property features private off-street parking, a significant advantage in this location. Its convenient proximity to Route 195, downtown Providence, shopping centers, and restaurants enhances its appeal. The total building square footage is 1,967 square feet. The asking price for this unique property is $350,000. Additional photos are forthcoming.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.11 ac (5,005 SF)
Zoning code
R6
APN
EPRO M:016 B:12 L:008 U:10
UPID
US76-0117573
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
-
Bayleys Market Grocery & Convenience Store Food Market
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
Scott Mason
Scott Mason
since 2025
Last sale
$322,500
6 recorded transactions
Zoning & alternative use
R6 · East Providence, 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 East Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Providence 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 2024Property tax & assessments
Tax year 2024
Assessed value
$251,800
Assessed 2024
Previous assessed
$251,800
+0.0% YoY
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
Heating
NONE
Buildings
2
Units
2
Lot
0.11 ac (5,005 SF)
Zoning code
R6
APN
EPRO M:016 B:12 L:008 U:10
UPID
US76-0117573
Jurisdiction
EAST PROVIDENCE
Zoning & alternative use
R6 · East Providence, RI
Zoning R6 · permitted uses
R6 · East Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Scott Mason
Individual
Free & Clear · 0 yrs held
Mailing address
1491 E 45TH ST, BROOKLYN, NY 11234-3003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Aug 28, 2025
$322,500
Scott Mason
Wendy Castillobatista
Warranty Deed
—
Mar 27, 2024
—
Wendy Castillobatista
—
Deed
related
$75,000 · Bluedog Capital Partners LLC
Oct 5, 2020
$235,000
Wendy Castillo-batista
Linda Padula
Warranty Deed
—
Feb 11, 2020
—
Linda Padula
Kyltiff Investments
Warranty Deed
$175,000 · Kickemuit Riv Cap
Jul 30, 2018
—
Investments Kyltiff & Cons
—
Deed
related
$120,000 · Keith D Strickland
—
—
Investments Kyltiff & Cons
—
Deed Of Trust
related
$120,000 · Keith D Strickland
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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