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130 Reservoir Road Middletown

$460,000
3 2 1,360 sq ft

The Property

Location, Location, Location! 2 family home on nicely landscaped corner lot in one of Middletown’s most desirable neighborhoods. Single level 1950’s Rambler. It’s located just 1 mile from Easton & Sachuest Beach’s, 2 miles from the heart of Down-City Newport. The living areas are drenched in sunshine all day as the house faces south.

Kitchen floor is newly laid vinyl laminate & the wood floors were recently refinished throughout. All furnishing can be included in sale of home. The exterior is freshly painted. Interior needs paint. It needs a new roof & has a very high solar rating. The windows were replaced approximately 10 years ago, except for the retro look picture windows in the living room. The kitchen has its original red linen Formica counters. The heating system was replaced in 2018 w/ a high efficiency furnace, new tank & lines. Chimney flues were re-lined in 2018 w/ stainless steel. Wood/coal stove easily heats the entire home during frigid winter nights. Insulated in attic & exterior walls. originally built as a 2 bedroom, 1 bath w/ an attached 2 car garage. Garage had been renovated for additional living space including bath w/ shower & kitchenette. This studio/in-law is separated from the main house by a breezeway & pantry; has a private entrance & 2 car driveway off Harold Lane. It presently rented month to month. Home is presently on AirBnb & has great income potential. There is a 12’x16’shed in the backyard. Motivated seller! Make an offer!

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Listing Details

MLS Number

1258138

Lot Size:

0.20 acres

Features

  • Basement: Partial
  • Shingles
  • Wood
  • Fireplace: Brick
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Bottle Gas,Oil,Wood
  • Corner
  • Paved Driveway
  • Wooded
  • Type: Ranch
  • Year Built: 1955
  • Water Amenities: Beach

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today18-94.8% decrease in inventory
    New on Market *1362.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$456.34$315 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,651,667$1,034,820 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.49%2.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$626.99$200 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *849 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

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