29 days on rocket

169 Aquidneck Ave, Middletown, RI, 02842

$1,450,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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169 Aquidneck Ave, Middletown$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNo Garage
Year Built1936
HeatingBaseboard, Natural Gas, Zoned
CoolingDuctless, Wall Unit(s)
BasementYes
WaterfrontWaterfront
ViewWater
MLS #1362959
Lot Size0.13 Acres
StatusActive

About 169 Aquidneck Ave

Rare opportunity in the Easton's Point neighborhood to own a legally zoned 2 family currently operating as a profitable Air B n B with incredible earnings history. Earnings statements available upon request. The entire property has been newly renovated and will be sold turn key with all of the furnishings. The home has a versatile layout with 5+ bedrooms and 3 baths on 2 levels and the ability to use as 2 separate units or 1 unit combined. This home features an open floor plan on the first level living/dining, kitchen, 2 + bedrooms and 2 baths. On the second level you will find a large, open kitchen/ living and dining area and a full bath. Spectacular ocean views of Easton's Beach from the deck. Plenty of space to enjoy sunrises and sunsets, a morning cup of coffee or an evening beverage. Enjoy being minutes from the beach and local restaurants to grab a quick bite. Kitchens are light and bright and feature shaker style white cabinets, stainless appliances and granite countertops. The bathrooms have tiles showers and floors. The second level vanity has double sinks. About a 5 minute Uber ride to downtown Newport. Newer roof, siding, windows, and gas heating system. Make this property your next home or investment and love where you live!

Property Details

Property Features

Property Information:

  • Year Built: 1936

Listing Office:

  • Office Name: Homes By Connect
  • Office Phone: (401) 323-3546

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Other, Vinyl
  • Interior: Cathedral Ceiling(s), Skylights, Tub Shower, Furnished

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Balcony, Deck, Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Zoned
  • Cooling: Ductless, Wall Unit(s)

School Info

Assigned Schools Information:

  • Middletown High School, Public District Grades 9-12
  • Joseph H. Gaudet School, Public District Grades 5-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000

Tax Information:

  • Annual Amount: $8,514
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Middletown, RI.

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Middletown, RI

City

Med. Sold Price

$695.5K

Med. Price/SqFt

$390

Avg. Days On Market

41

# of Sold Homes

13

169 Aquidneck Ave vs Middletown

29 DAYS ON ROCKET

-12 Days

$1,450,000

+$754.5K More

KEY TAKEAWAY

This property is $754.5K more than the Median Sold Price in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1362959

Listing Office:

  • Office Name: Homes By Connect
  • Office Phone: (401) 323-3546

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/16/2024, 3:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,514$521,400
2018$4,590$333,800

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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.

Middle School

school-card-donut-2328352
8
/10

  • Joseph H. Gaudet School

  • 1113 Aquidneck Ave

  • 1.74 miles

  • Public District Grades 5-8

High School

school-card-donut-2328353
4
/10

  • Middletown High School

  • 130 Valley Rd

  • 1.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,881. Residents of Middletown, RI typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Middletown, RI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Middletown, RI?

Middletown's housing market is diverse, offering a mix of residential options that cater to a range of preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that span from classic colonial to contemporary. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience. The area's construction history is varied, with many homes dating back to the mid-20th century, while recent developments have introduced modern amenities and designs into the mix.

Is Middletown, RI a good place to live?

Middletown is celebrated for its serene coastal charm and a strong sense of community. The town's character is defined by its picturesque landscapes, including well-maintained beaches and public parks that offer residents a peaceful retreat. Local events and festivals throughout the year, such as the Middletown Founders Day Parade, reflect the town's rich history and foster a sense of pride among residents. The community's ambiance is further enhanced by its commitment to preserving its natural beauty and historical significance.

Are things conveniently located in Middletown, RI?

The community is served by a range of essential services, ensuring residents have access to necessary amenities. The educational landscape includes several public schools that cater to different age groups, as well as private institutions that offer alternative educational pathways. Healthcare needs are met by local clinics and nearby hospitals that provide a spectrum of medical services. Middletown also features a public library system that supports lifelong learning. Retail and dining options are plentiful, with local businesses and eateries reflecting the town's coastal culture and culinary diversity.

What does the transportation in Middletown, RI look like?

Transportation in Middletown is facilitated by a network of roads that connect residents to neighboring cities and attractions. Public transit options are available, providing connections to key areas within the town and beyond. The community's layout encourages walkability in certain districts, particularly around commercial centers and residential neighborhoods. For those who prefer cycling, there are bike-friendly routes that make navigating the town more accessible. While specific ride-sharing services are not mentioned, such options are commonly used by residents for added convenience.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›169 Aquidneck Ave

This home is located at 169 Aquidneck Ave in Middletown, RI and zip code 02842. This home, which was built in 1936, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 18, 2024 and is currently priced at $1,450,000.

Over 4 listings were sold over their listed price in August 2024 in Middletown, RI. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Middletown, RI between July 2024 and August 2024 decreased by 3.2%. Listings spent 41 days on the market in August 2024, and had a median list price of $695,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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