56 Shore Road Westerly

$1,000,000
4 3 3,085 sq ft

The Property

Short walk to private Fire District Beach, with both parking and exclusive beach rights, Misquamicut Beach rights ******

Breathtaking beach/year round home with distant water views of the Atlantic from balcony. Property was completely renovated in 2014 with updates galore. Oversized, two-level Azek deck w/spiral staircase overlooks private, expansive backyard. Flat, half acre+ lot situated beyond flood zone and boasts massive two-car garage and dry basement.

Short walk to private Fire District Beach, with both parking and exclusive beach rights, Misquamicut Beach rights. Welcoming hardwood floors await, as do 4+ BR, 3BA, fireplace, new kitchen, MBR/suite with private office. Five minute drive to Westerly Airport and ten minutes to downtown Westerly with an abundance of shopping and dining establishments. Enjoy Restaurants – Gift Shops – Seasonal festivals- Drive-in Movies- Beach concerts. *** Furniture negotiable ** Financials: 2021 Rental income was $65,000+ (Summer weeks $4,365) .. 2022 already $21,600+ in reservations, that can convey with the property, or be cancelled per buyers preference (List price is $4,700 for summer weeks). Install a pool as an option, but why spend the money for a pool when the ocean is only steps away. Financials: 2021 Rental income was property, or be cancelled per buyers preference (List price is $4,700 for summer weeks)

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Listing Details

MLS Number

1298819

Lot Size:

0.57 acres

Features

  • Basement: Full
  • Deck
  • Insulated Glass Windows
  • Patio
  • Vinyl Siding
  • Fireplace: Brick
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Oil
  • Garage: Attached, Door Opener
  • Paved Driveway
  • Type: Colonial
  • Year Built: 1953
  • Water Amenities: Access, Beach, Walk to Salt Water, Walk To Water

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Market Trends for Single Family Homes
in Westerly

  • Overview
    Homes for Sale Today57-95.9% decrease in inventory
    New on Market *23-17.9% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$478.07$20 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$744,180$125,120 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *94.12%-5.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$604.52$154 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *9320 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?

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    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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