We have investigated the magnetic and electronic properties of a FeO film grown on Pt(111).Coupling first principle GGA+U calculations with STM measurements we have identified the principal mechanisms for the structural and electronic non-homogeneous characteristics observed in the Moiré unit cell formed between oxide film and metal support. We show that both free and supported FeO(111) monolayers present an anti-parallel alignment of the magnetic moments and that the modulation of structural and electronic film properties is driven by the local strength of the interaction between the film and the substrate. Namely, due to the lattice mismatch between Pt (111) and the FeO film, the interface properties are different in different regions of the supercell. In particular, for the Fe-top site, where this interaction is weak, the resulting small layer rumpling and large interface separation give origin to a peculiar behavior of the work function, coherent with the most recent experimental findings. In what concerns fine structural and electronic characteristics, in particular the modulation of the work function and the site assignment in the STM images, our results show that a good agreement with the experimental interpretations can be obtained only within more robust, non-pseudomorphic computational models.