CCertihomes
21 Ashbrook, Narragansett, RI 02882

$1,425,000

4 beds 5 baths 2,800 sqft Built 1940Active

About this home

Introducing this completely renovated, turn key home on a dead end street, walking distance to Scarborough Beach. This beach house offers the perfect blend of coastal living and a fantastic opportunity for student and summer rentals! 4 bedrooms and 2 offices with closets that can serve as additional guest space, 4.5 bathrooms, and 2 laundry rooms provide so many opportunities. Kitchen is adorned with brand new appliances, white shaker cabinets and quartz counters, while the second floor kitchenette is complete with a full size fridge, dishwasher and sink. Enjoy a one car garage and 6 off street parking spots. AC/heat ductless units in every room for personal climate controls. All new electrical and mechanicals, new roof and new windows. House comes completely furnished to accommodate 2024 summer rentals and the 2024 to 2025 academic tenants. Professional property management agreement in place to be continued at buyer digression. The proximity to multiple beaches and colleges makes this beach house a great rental opportunity and a steady stream of rental income. Walking distance to shops, restaurants and shoreline. Modern amenities, new appliances, an outdoor shower and a well maintained interior ensure a hassle-free lifestyle for both owner and tenants. Don’t miss out on this chance to own a beach house with the added bonus of student and summer rental income. Experience coastal living at its finest.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$9,682/mo

Real estate (PITI + HOA + PMI)
$9,258
Principal + interest$6,463
Property tax + insurance$2,261
PMI / 2nd mortgage$534
Utilities
$1,454
Heating + cooling$574
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$136
Car insurance + maintenance$136
Other (entertainment)
$140
$9,682/mo TLC
Budget$10,182/mo
Remaining after TLC$500/mo
Purchase price
$1,425,000
Down payment
$71,250 (5%)
Loan amount
$1,353,750
APR
4%

Quick facts

Type
Residential
Style
Colonial
Year built
1940
Lot size
0.11 ac
Stories
0
Heating
Natural Gas, Baseboard, Forced Water, Individual Control
Cooling
Ductless
Water
Connected
HOA
Annual tax
$10,501
MLS #
1360428
County
Washington

At a glance

Basement
Garage (1)
Dishwasher

Home features

Appliances
Gas Water HeaterDishwasherDryerOven/RangeRefrigeratorWasherWhirlpool
Interior
Walls: Dry WallPlumbing: PVCInsulation: CeilingWalls
Parking
AttachedGarage Door Opener
Fireplace
None
Flooring
Ceramic Tile, Vinyl
Sewer
Connected

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 5/31/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.

21 Ashbrook · Narragansett — $1,425,000 · Certihomes