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Backup Offers

715 Forest Pkwy, Middletown, RI, 02842

$104,000

Home List Price

$1,235*

Closing Credit

1 Bedroom
1 Full Bath
492 SqFt
$211/SqFt
House

Location

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715 Forest Pkwy, Middletown$104,000

Buyer Closing Credits

$1,235*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1985
HeatingElectric, Other, Zoned
CoolingDuctless, Central Air
FireplaceNone
MLS #1366407
StatusAccepting Backup Offers
(Active Under Contract)

About 715 Forest Pkwy

Why rent when you can own this home. (financing available with 10% down payment, and estimated payment of less than $1,700 a month including loan payment, taxes, insurance, and park rent), Home is located just a short distance from downtown Newport, beaches, restaurants, and shopping. This home is a 1 Bedroom 1 bath home in like brand-new condition. This home has been totally renovated with new siding, roof, windows, skirting, flooring, bath, sheetrock, kitchen, appliances (dishwasher not working), new washer/ dryer, and electrical fixtures throughout home. Most items in home are included in sale (see list). The park has no age restrictions but does not allow for the home to be rented out (must be owner occupied, and park approval is needed for all buyers). This home would make a great 2nd home being located so close to Newport and everything it has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured Home
  • Year Built: 1985
  • Living Area: 492 SqFt

Listing Office:

  • Office Name: Jms Appraisal, Inc
  • Office Phone: (508) 317-9047

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: No Garage

Utilities

Utilities Information:

  • Heating: Electric, Other, Zoned
  • Cooling: Ductless, Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $104,000
  • Price Per SqFt: $211/SqFt

HOA Fees:

  • Amount: $811
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$717.5K

Med. Price/SqFt

$427

Avg. Days On Market

70

# of Sold Homes

11

715 Forest Pkwy vs Middletown

124 DAYS ON ROCKET

+54 Days

$104,000

-$613.5K Less

$211/SqFt

-$216 Less

KEY TAKEAWAY

This property is $613.5K less than the Median Sold Price and $216/SqFt less than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1366407

Listing Office:

  • Office Name: Jms Appraisal, Inc
  • Office Phone: (508) 317-9047

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: 12/18/2024, 9:20:53 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

$1,398

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$378

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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.

Nearby Schools

school-card-donut-4475762
5
/10
  • Joseph Gaudet Academy

  • 1113 Aquidneck Ave

  • 0.72 miles

  • Public District Grades 4-4

school-card-donut-4475763
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.74 miles

  • Public District Grades PK-4

school-card-donut-4475764
9
/10
  • Melville Elementary School

  • 1351 W Main Rd

  • 3.80 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,374. The majority of Middletown, RI residents have income between $100k-200k annually. The majority of families are single, no kids. 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 are the common housing types 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.

What are the advantages of living in Middletown, RI?

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 essential services in Middletown, RI convenient?

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.

How do Middletown, RI residents get around?

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 715 Forest Pkwy

What is the listing price of this property?

The listing price of 715 Forest Pkwy property is $104,000.

What type of property is this?

The property 715 Forest Pkwy is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Accepting Backup Offers: 715 Forest Pkwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 715 Forest Pkwy has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 715 Forest Pkwy is 492 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 715 Forest Pkwy is 1985.

Rocket HomesRhode IslandNewport CountyMiddletown02842715 Forest Pkwy

This home is located at 715 Forest Pkwy in Middletown, RI and zip code 02842. This 492 square foot home was built in 1985. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $104,000.

In November 2024, from all listings sold in Middletown, RI there were more than 2 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Middletown, RI between October 2024 and November 2024 decreased by 5.7%. In November 2024 median list price was $717,500 and the average listing age was 70 days.

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

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