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$1,250,000
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Property Description
SURF'S UP-are you ready for some fun in the sun? Incredible opportunity to own this immaculate investment property OR second home by the sea. Perhaps a hybrid of both by collecting the rent checks consistently and keeping a summer month to enjoy! Excellent summer rental history, $3,000 a week which then converts to an academic rental from September through May for roughly $3000-$4,000 a month. Summer weekly rentals can easily be increased due to A-1 location with 4 beaches only minutes away. Move in ready as this house is extremely well maintained on a regular basis. Feel the ocean breezes as you enjoy the views from several balconies. Ready for new owners to make memories that will last a lifetime! Tenants in place until May of 2025.
Full Property Details
Full Property Details for 1316 Ocean Rd
General
- Price: $1,250,000
- Taxes: $7,461 (2024)
- Status: Active
- Type: Single Family
- Source: STWMLS
- MLS ID: 1362935
- Updated: 11/11/2024
- Added to Site: 177 day(s) ago
Interior
- Number of Rooms: 9
- Fireplace(s): None
- Appliances: Gas Water Heater
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 11
- Parking Features: Attached, Garage
Location
- County: Washington
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Septic Tank
- Water: Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Vinyl Siding
- Basement Desc.: None
- Stories/Levels: 3
- Building Size: 2700
- Square Feet: 2,700
- Living Area: 2,700 Sq. Ft.
- Finished Total: 2,700 Sq. Ft.
- Finished Above Grnd: 2,700 Sq. Ft.
- Year Built: 2010
Lot Features
- Lot Size (Acres): 0.1607
- Lot Size (Sq. Ft.): 7,000
- Lot Size: 7000
Financial Considerations
- Tax Amount: $7,461.03
- Tax Year: 2024
- Terms: Lease, Lease Option
Disclosures and Reports
- Property ID: 1316OCEANRDNARR
- Lot Number: 13
Listed by William Raveis Inspire
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Schools
Schools serving 1316 Ocean Rd
School District:Narragansett Schools
Rating | Name | Grades | Distance |
---|---|---|---|
235 S Pier Rd, Narragansett, RI 02882 | 5-8 | 4.2 mi | |
55 Mumford Rd, Narragansett, RI 02882 | PK-4 | 4.8 mi | |
245 S Pier Rd, Narragansett, RI 02882 | 9-12 | 4.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1316 Ocean Rd
Date
Details
Price
Change
Source
11/11/2024
Price Reduced
$1,250,000
-3.77%
MLS
7/02/2024
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1316 Ocean Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,461
3%
$801,400
—
2022
$7,213
2%
$801,400
—
2021
$7,100
8%
$801,400
28%
2020
$6,555
2%
$625,500
—
2019
$6,399
3%
$625,500
—
2018
$6,224
7%
$625,500
14%
2017
$5,812
5%
$550,400
—
2016
$5,548
1%
$550,400
—
2015
$5,471
2%
$550,400
—
2013
$5,390
—
$550,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1316 Ocean Rd
1316 Ocean Road, Narragansett, RI 02882 (MLS# 1362935) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 1316 Ocean Road is currently listed for $1,250,000 and was received on July 02, 2024. Want to learn more about 1316 Ocean Road? Do you have questions about finding other Single Family real estate for sale in Narragansett? You can browse all Narragansett real estate or contact a Coldwell Banker agent to request more information.