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51 Oak Avenue Narragansett

$635,000
6 2 2,112 sq ft

The Property

Great investment, summer home or primary residence. Exceptional location only about 1/2 mile walk to Sand Hill Cove! (Roger Wheeler State Beach) Ocean Views from the private upstairs (2nd floor) deck! Other features include an open floor plan, newer kitchen, hardwoods, and roof. New heating system and indirect water heater, screened in porch off of the first floor. Great rental history for this 6 Bed 2 Full bath home, currently used as an investment property and averaging $62,000 per year of gross income.

Rented weekly over the summer and rented for the 2020-2021 academic year (Sept-May) for $4,200/month.

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Listing Details

MLS Number

1256274

Lot Size:

0.17 acres

Features

  • Deck
  • Screened Pch/Patio/Dck/Brzwy
  • Wood
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Oil
  • Type: Contemporary
  • 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 Narragansett

  • Overview
    Homes for Sale Today30-96.1% decrease in inventory
    New on Market *1958.3% increase in new listings
    Avg. Asking Price/Sq.Ft. *$885.66$214 increase in List Price/Sq.Ft.
    Avg. Sale Price *$760,357$59,410 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.80%1.3% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$608.04$61 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5725 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.

    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 New Market Realty

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