3 months on rocket

398 Wolcott Ave Unit 1, Middletown, RI, 02842

$875,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,100 SqFt
$795/SqFt
Condo

Location

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398 Wolcott Ave Unit 1, Middletown$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Unassigned
Year Built1890
HeatingElectric, Forced Air, Natural Gas, Heat Pump
CoolingDuctless
BasementYes
WaterfrontWaterfront
FireplaceStone
ViewWater
MLS #1365757
StatusActive

About 398 Wolcott Ave Unit 1

Experience timeless elegance and modern comfort in this exquisite condo within the historic Summerwind mansion in Easton's Point. Set on a beautifully landscaped acre, this property combines historic charm with contemporary convenience. The "Blue Moon" condo is located on the first floor and upon entering you will be greeted by a striking floor-to-ceiling gas fireplace, enhancing the open living and dining area with its elegance. The 12-foot ceilings and water-facing windows fill the space with natural light, highlighting the hardwood floors. The layout seamlessly connects the kitchen, living, and dining areas, perfect for relaxation and entertaining. Enjoy the Easton's Beach and Newport-facing deck for outdoor relaxation. With two versatile bedrooms, this condo offers comfort and sophistication, ideally located between two beaches and minutes from Newport. Whether used as a year-round residence or a seasonal retreat, the property strikes a perfect balance between old-world elegance and modern amenities. Experience a blend of history and modern luxury in this stunning Summerwind mansion condo.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 3
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 556-9563

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Parquet, Carpet
  • Interior: Stall Shower
  • Fireplace: Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water
  • Exterior: Deck

Parking Information:

  • Parking: No Garage, Unassigned

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas, Heat Pump
  • Cooling: Ductless

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $795/SqFt

HOA Fees:

  • Amount: $482
  • Frequency: Monthly
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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

$722.5K

Med. Price/SqFt

$412

Avg. Days On Market

44

# of Sold Homes

13

398 Wolcott Ave Unit 1 vs Middletown

104 DAYS ON ROCKET

+60 Days

$875,000

+$152.5K More

$795/SqFt

+$382 More

KEY TAKEAWAY

This property is $152.5K more than the Median Sold Price and $382/SqFt more than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1365757

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 556-9563

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: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,917

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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.

Nearby Schools

school-card-donut-224852
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.02 miles

  • Public District Grades PK-4

school-card-donut-224853
5
/10

  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 2.14 miles

  • Public District Grades 4-4

school-card-donut-224854
7
/10

  • Melrose Avenue School

  • 76 Melrose Ave

  • 5.45 miles

  • Public District Grades PK-4

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. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

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.

Frequently Asked Questions About 398 Wolcott Ave Unit 1

What is the listing price of this property?

The listing price of 398 Wolcott Ave Unit 1 property is $875,000.

What type of property is this?

The property 398 Wolcott Ave Unit 1 is a condo located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Active Listing: 398 Wolcott Ave Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 398 Wolcott Ave Unit 1 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 398 Wolcott Ave Unit 1 is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 398 Wolcott Ave Unit 1 is 1890.

Rocket Homes›Rhode Island›Newport County›Middletown›02842›398 Wolcott Ave Unit 1

This home is located at 398 Wolcott Ave Unit 1 in Middletown, RI and zip code 02842. This 1,100 square foot home was built in 1890. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $875,000.

In October 2024, from all listings sold in Middletown, RI there were more than 4 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The number of listings in Middletown, RI decreased by 13.8% between September 2024 and October 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $722,500.

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

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