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65 Cove Road Burrillville

$83,000
1 1 740 sq ft

The Property

Price Improvement! Waterfront rights on charming Spring Lake! If peace and quiet are what you are looking for, this opportunity is for you. Spring Lake is limited to electric motors only and non-motor powered craft (sailboats, kayaks, paddle boards, etc.) which helps maintain the solitude and charm of the Lake. Build your family retreat and take a turn back in time enjoying all that Spring Lake has to offer, including an old fashioned arcade and concession stand in season. The current structure/dwelling will need to be removed by the Buyer to make way for a new waterfront home.

Take advantage of this rare opportunity to carve out a special place for your family to make memories. Please note, this is a cash only transaction due to ownership structure through shares in the Association – this is Association owned land, not leased land. All available documentation will be provided to potential Buyers. There is an Association Fee of $900 per year. All information provided deemed reliable but Buyer and Buyer’s Agent responsible for all verification and due diligence. Please see attachments for additional information and footprint of existing structure to provide an example of the potential there. Please note Artist rendering is for suggestion only.

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Listing Details

MLS Number

1322633

Lot Size:

0.00 acres

Features

  • Needs Work
  • Heating: No Heat
  • Heating Fuel: Wood
  • Type: Other
  • Year Built: 1940

Market Trends for Single Family Homes
in Burrillville

  • Overview
    Homes for Sale Today13-97.1% decrease in inventory
    New on Market *9-47.1% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$285.40$5 increase in List Price/Sq.Ft.
    Avg. Sale Price *$423,860$126,140 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.33%-1.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$278.38$25 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *8319 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 Era Key Realty Services

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