This nearly 1 acre parcel of land, situated in the sought- after Spring Street area presents an extraordinary opportunity for creating your very own Block Island home. Conveniently located near Pebbly Beach, the Southeast Light and the Spring House this property offers the ideal location for an active, yet simple, coastal lifestyle. Early morning sunrise or evening beach walks, surfcasting and beach combing at the foot of Block Island's famous bluffs are just a short walk away. Take advantage of the manageable sized property to build your own, custom Block Island home.
Property Details
Property Features
Listing Office:
Office Name: Lila Delman Compass
Office Phone: (401) 466-8777
Exterior Features
Exterior Information:
Waterfront: Wetlands
Lot Features
Lot Information:
Lot: Rolling/Hilly, Wetlands
Lot Size: 0.88 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $895,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Block Island, RI.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,534
Per Month
Principal & Interest
$4,467
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,750
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Matunuck School
380 Matunuck Beach Rd
Distance between this listing and this school15.99 miles
Public District Grades KG-4
7
/10
Dunn's Corners Elementary School
8 1/2 Plateau Rd
Distance between this listing and this school17.59 miles
Public District Grades KG-4
5
/10
Wakefield School
101 High St
Distance between this listing and this school19.87 miles
Public District Grades PK-4
Nearby Schools
7
/10
Westerly Middle School
10 Sandy Hill Rd
Distance between this listing and this school18.08 miles
Public District Grades 5-8
7
/10
Narragansett Pier School
235 S Pier Rd
Distance between this listing and this school19.41 miles
Public District Grades 5-8
4
/10
Curtis Corner Middle School
301 Curtis Corner Rd
Distance between this listing and this school21.14 miles
Public District Grades 7-8
Nearby Schools
7
/10
Block Island School
Block Island School, High Street
Distance between this listing and this school0.77 miles
Public District Grades KG-12
8
/10
Narragansett High School
245 S Pier Rd
Distance between this listing and this school19.51 miles
Public District Grades 9-12
7
/10
South Kingstown High School
215 Columbia St
Distance between this listing and this school20.38 miles
The neighbors living near this home have an average income of $83,464. The most common annual income of people living in Block Island, RI is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Spring St
What is the listing price of this property?
The listing price of 0 Spring St property is $895,000.
What type of property is this?
The property 0 Spring St is land located in Block Island, Rhode Island, 02807.
Is this property for sale now?
Active Listing: 0 Spring St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Spring St in Block Island, RI and zip code 02807. This home sits on a 0.88 acre lot. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $895,000.
While more than 0 listings in Block Island, RI in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of listings in Block Island, RI decreased by 33.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 90 days, the median list price was $1,512,000.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country