CCertihomes
56 Stedman, South Kingstown, RI 02879

$899,000

2 beds 1 baths 772 sqft Built 1954Active

About this home

Discover this charming mid-century cottage with captivating salt pond views and secondary waterfront parcel, providing ample space, privacy, and potential. For the salt water enthusiast, this sweet retreat leaves little to be desired, with Potter Pond access just steps out the door, and the waves of East Matunuck State Beach a quick walk or bike ride away. Bathed in natural sunlight, the cottage features beautiful hardwood floors in the kitchen and living areas, which create a warm and inviting atmosphere. Equipped for all seasons, the house also offers a cozy fireplace and new heating system, ensuring comfort year-round. Sliders from the living area and primary bedroom lead onto the west facing deck, where Potter Pond sparkles as it reflects the sky’s vibrant hues. A 3 bedroom septic system enables expansion potential for those who so desire, and the walk out basement offers a versatile space for storage or possibly additional finished space. An opportunity to own and enjoy a move-in-ready home and a piece of Rhode Island’s beautiful coast while exploring the scope of possibility for this special location. Whether seeking a peaceful getaway or an active coastal lifestyle, this property offers the perfect balance.

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
$6,126/mo

Real estate (PITI + HOA + PMI)
$5,912
Principal + interest$4,077
Property tax + insurance$1,498
PMI / 2nd mortgage$337
Utilities
$644
Heating + cooling$169
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$134
Car insurance + maintenance$134
Other (entertainment)
$140
$6,126/mo TLC
Budget$6,626/mo
Remaining after TLC$500/mo
Purchase price
$899,000
Down payment
$44,950 (5%)
Loan amount
$854,050
APR
4%

Quick facts

Type
Residential
Style
Cottage
Year built
1954
Lot size
0.32 ac
Stories
0
Heating
Oil, Forced Air
Cooling
None
Water
Connected
HOA
Annual tax
$7,985
MLS #
1360235
County
Washington

At a glance

Fireplace
Basement
Waterfront

Home features

Appliances
DryerOven/RangeWasher
Interior
SkylightWalls: Dry WallPaneledPlumbing: MixedInsulation: CeilingWalls
Exterior
Deck
Parking
No Garage
Fireplace
Brick
Flooring
Ceramic Tile, Hardwood, Laminate
Sewer
Septic Tank

Lot features

Extra Lot

Neighborhood — 02879

MetricThis ZIPCountyUSA
Population19,4401,095,423299,088,112
Population Change Since199025.00%9.00%20.00%
Population Density446994
Male9,384529,266147,432,321
Female10,057566,157151,655,844
Never Married4,290266,40463,775,926
Married8,694435,678123,120,365
Separated44343,64212,639,686
Widowed1,16066,66815,467,586
Divorced1,58083,84323,075,029
Number Of House Hold7,141410,399111,826,380
Average House Hold Size2.692.562.60
Medial Age41.0537.2735.46
Median House Hold Income$62,532$47,553$48,276
Average House Hold Income$83,621$61,609$63,629
P C I$30,999$23,965$24,529
M D I$51,687$40,634$41,133
A T H E$62,178$49,940$50,898
S T R7.00%7.00%
W C J80.62%78.02%77.74%
(Zip) Code
2879

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.

56 Stedman · South Kingstown — $899,000 · Certihomes