20 Samson Lane Middletown

$1,500,000
5 3 2,112 sq ft

The Property

Exceptional opportunity to acquire a fully furnished, turnkey short-term rental with a proven track record of success in the heart of Middletown and a fully transferable short-term rental zoning certificate. Generating approximately $347,000 in annual gross rental income, this property offers investors and second-home buyers a rare combination of strong cash flow and coastal lifestyle. Thoughtfully designed to accommodate large groups, this spacious 5-bedroom, 3-bath home spans three levels of living and entertainment space. The main level features an inviting living room, well-appointed kitchen, primary suite, an additional bedroom, and full bath.

Upstairs offers three additional bedrooms, a full bath, and laundry area.

The lower level is dedicated to entertainment, featuring a game room complete with pool table, foosball, shuffleboard, arcade games, bar area, and private theater room. Outside, guests enjoy a backyard retreat with a hot tub, fire pit, and outdoor seating areas.

Ideally located minutes from Middletown’s beaches, downtown Newport, shopping, dining, and area attractions, this highly sought-after vacation rental is being offered fully furnished and ready for its next owner to continue generating income from day one. Whether you’re seeking a high-performing investment property, a 1031 exchange opportunity, or a coastal getaway with exceptional earning potential, 20 Samson Lane delivers.

Financial information and rental history available upon request.

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Listing Details

MLS Number

1421640

Lot Size:

0.47 acres

Features

  • Basement: Full, Interior and Exterior, Partially Finished, Living Room, Media Room, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Deck
  • Heating: Electric, Natural Gas, Forced Water, Heat Pump
  • Heating Fuel: Electric, Natural Gas, Forced Water, Heat Pump
  • Garage: 1
  • Paved Driveway
  • Underground Utilities
  • Type: Colonial
  • Year Built: 1992

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today51-91% decrease in inventory
    New on Market *215% increase in new listings
    Avg. Asking Price/Sq.Ft. *$523.68$15 increase in List Price/Sq.Ft.
    Avg. Sale Price *$1,836,257$913,043 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.39%-35.7% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$645.16$168 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5934 decrease 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.

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