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51 Montauk Avenue Westerly

$550,000
3 1 792 sq ft

The Property

Are you wanting the Beach Cottage life? Are you looking for an investment that has the potential for a promising return in years to come? Here is your chance. This 3 bedroom 1 bath, classic cottage style home sits on a large .36 acre corner lot in the heart of Misquamicut Fire District. The current existing structure is on the smaller side, but the lot provides a rough building envelope of 150’ by 50’ within the setbacks, making a substantial expansion as a promising option for the buyer. Located just .37 miles to the ocean, you will have easy access to your private beaches shared amongst your Misquamicut Fire District neighbors.

There is a classic older feel, with a few existing newer appliances, a gas range stove, and newer back deck. It is also winterized with oil heat/ forced hot air making the living or rental potential year-round. This property is in need of sweat equity but has so much potential to be the perfect beach get-a-way. This home is being sold “As Is” and is currently occupied.

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Listing Details

MLS Number

1300906

Lot Size:

0.36 acres

Features

  • Basement: Crawl Space
  • Vinyl Siding
  • Heating: Baseboard
  • Heating Fuel: Oil
  • Corner
  • Type: Cottage
  • Year Built: 1954
  • Water Amenities: Access, Beach, Flood Insurance, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today44-95.3% decrease in inventory
    New on Market *27-15.6% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$796.69$273 increase in List Price/Sq.Ft.
    Avg. Sale Price *$531,835$104,165 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *99.52%3.4% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$317.04$23 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8318 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.

Listed by RE/MAX South County

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