CCertihomes
123 Circuit, Narragansett, RI 02882

$499,000

2 beds 1 baths 764 sqft Built 1935Active

About this home

Wonderful opportunity for you to create your perfect Narragansett home, featuring beautiful, unobstructed views of the Narrow River! This cozy 1-bedroom cottage is ready for its next chapter, whether a renovation of the current space or expansion out and up. Sellers happy to share two different proposed plans for expansion. Take this idea and run with it, or bring your own vision. Town water, sewer, gas and no flood insurance required! 123 Circuit beckons to be transformed and fully enjoyed by its new owner(s) - don't miss your chance to make that person you!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,575/mo

Real estate (PITI + HOA + PMI)
$4,209
Principal + interest$3,215
Property tax + insurance$807
PMI / 2nd mortgage$187
Utilities
$644
Heating + cooling$169
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$136
Car insurance + maintenance$136
Other (entertainment)
$140
$4,575/mo TLC
Budget$5,075/mo
Remaining after TLC$500/mo
Purchase price
$499,000
Down payment
$24,950 (5%)
Loan amount
$474,050
APR
7.19%

Quick facts

Type
Residential
Style
Cottage
Year built
1935
Lot size
0.131 ac
Stories
0
Heating
Electric, Natural Gas, Baseboard
Cooling
None
Water
Connected, Municipal
HOA
Annual tax
$3,976
MLS #
1359100
County
Washington

At a glance

Fireplace
Dishwasher

Home features

Appliances
Electric Water HeaterDishwasherOven/RangeRefrigerator
Interior
Insulation: Unknown
Exterior
Deck
Parking
No Garage
Fireplace
Gas InsertStone
Flooring
Hardwood, Laminate, Other, Vinyl
Sewer
Connected, Public Sewer

Lot features

Corner Lot

Neighborhood — 02882

MetricThis ZIPCountyUSA
Population13,0091,095,423299,088,112
Population Change Since199015.00%9.00%20.00%
Population Density863994
Male6,286529,266147,432,321
Female6,723566,157151,655,844
Never Married4,397266,40463,775,926
Married4,987435,678123,120,365
Separated17943,64212,639,686
Widowed59866,66815,467,586
Divorced1,28783,84323,075,029
Number Of House Hold5,017410,399111,826,380
Average House Hold Size2.592.562.60
Medial Age35.2037.2735.46
Median House Hold Income$54,698$47,553$48,276
Average House Hold Income$71,904$61,609$63,629
P C I$27,842$23,965$24,529
M D I$45,810$40,634$41,133
A T H E$56,033$49,940$50,898
S T R7.00%7.00%
W C J78.40%78.02%77.74%
(Zip) Code
2882

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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RI & State Wide MLS

Listing information last refreshed 5/14/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

123 Circuit · Narragansett — $499,000 · Certihomes