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Property profile & analytics
OFF-MARKET
Investment properties
938 Douglas Ave Providence, RI 02908-1329
Individually Owned
Property ID
US76-0403762
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
2,863 SF
Lot
0.19 ac (8,480 SF)
Zoning code
R-2
APN
PROV M:79 L:138
UPID
US76-0403762
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
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
Josuel Canaida
Josuel Canaida
since 2025
7 recorded transactions
Zoning & alternative use
R-2 · 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 Providence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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 2023Property tax & assessments
Tax year 2023
Assessed value
$231,400
Assessed 2023
Previous assessed
$231,400
+0.0% YoY
Assessed land
$113,500
Assessed improvement
$117,900
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
Year built
1900
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
3
Units
3
Bathrooms
3
Total area
2,863 SF
Lot
0.19 ac (8,480 SF)
Zoning code
R-2
APN
PROV M:79 L:138
UPID
US76-0403762
Jurisdiction
PROVIDENCE
Zoning & alternative use
R-2 · Providence, RI
Zoning R-2 · permitted uses
R-2 · Providence, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Providence. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
3
Buildings
1
Units
3
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Josuel Canaida
Individual
Mailing address
938 DOUGLAS AVE, PROVIDENCE, RI 02908-1329
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2025
—
Josuel Canaida
Eastwood St LLC
Warranty Deed
$550,000 · Equity Trust Company
May 23, 2025
—
Eastwood Street LLC
—
Deed
related
$335,000 · Directed Trust Company
Feb 26, 2025
—
Eastwood Street LLC
—
Deed
related
$250,000 · Directed Trust Company
Jun 5, 2024
—
Eastwood Street LLC
—
Deed
related
$300,000 · Equity Trust Company
Feb 16, 2024
—
Eastwood Street LLC
—
Deed
related
$430,000 · Equity Trust Company
Dec 21, 2022
—
Walter King Ent LLC
Walter King
Warranty Deed
—
Dec 21, 2022
$400,000
Eastwood Street LLC
Walter King Ent
Warranty Deed
$322,000 · Mechanics Cooperative Bank
Dec 21, 2022
$330,000
Walter King
Popular Abs INC
Foreclosure
related
—
Feb 2, 2007
—
Elizabeth Metrick-alfan
—
Deed Of Trust
related
$200,000 · Bank Of America
May 4, 2006
—
Benjamin B Fagbote
—
Deed Of Trust
related
$25,000 · Ri Coalition Miro Inv
Dec 6, 2004
$360,000
Benjamin Fagbote
Ogbiede,henry
Grant Deed
—
Jul 22, 2004
—
Henry Ogbeide
—
Deed Of Trust
related
$180,000 · Delta Funding
Oct 29, 1999
$140,000
Chicago Liquor INC
Rocchio,robert J
Grant Deed
$110,000 · Business Lenders 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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