Spectacular waterfront home located in Gaspee Point. This lovely cottage has amazing views of Narragansett Bay. Enjoy sunrises and sunsets on your cozy porch within a private community. This updated home boasts two bedrooms with a full bath, spacious kitchen and living room with beautiful year round saltwater views. The outdoor space is perfect for entertaining or just relaxing while enjoying the passing boats and wildlife. Enjoy long walks on the private beach. Pride in ownership is evident within this cottage. No flood insurance required. The property is located on leased land, pets are welcome and subject to buyers approval by the association. Buyer is responsible for sewer assessment of $91 per month. Welcome Home!
Sold for $562,000
$562,000
243 Namquid Dr, Warwick, RI 02888
2beds
880sqft
Single Family Residence
Built in 1935
-- sqft lot
$582,100 Zestimate®
$639/sqft
$2,389 Estimated rent
Home value
$582,100
$553,000 - $611,000
$2,389/mo
Zestimate® history
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$3,430/mo
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Zillow last checked:
Listing updated:
Listed by:
The Home Team 401-921-5011,
HomeSmart Professionals,
Lauren Dwyer 401-932-8038,
HomeSmart Professionals
Bought with:
Cindy Cooke, RES.0030639
HomeSmart Professionals
Source: StateWide MLS RI,MLS#: 1363045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Features: Bath w Shower Stall
Heating
- Natural Gas, Baseboard, Heat Pump
Cooling
- Ductless
Appliances
- Included: Gas Water Heater, Dryer, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls), Ceiling Fan(s)
- Flooring: Hardwood, Laminate, Vinyl
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Crawl Space,Bulkhead,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 880
- Total interior livable area: 880 sqft
- Finished area above ground: 880
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: No Garage
Accessibility
- Accessibility features: One Level
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront, Access, Beach, Saltwater Front, Walk to Salt Water
Lot
- Features: Security, Sprinklers
Details
- Additional structures: Outbuilding
- Parcel number: WARWM305B0058L9243
- On leased land: Yes
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Dry Wall, Shingles, Wood
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Assessment to Buyer
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Commuter Bus, Golf, Highway Access, Hospital, Marina, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming
- Subdivision: Gaspee Point
HOA
- Has HOA: No
- HOA fee: $450 monthly
Location
- Region: Warwick
Financial & listing details
- Price per square foot: $639/sqft
- Tax assessed value: $229,900
- Annual tax amount: $3,327
- Date on market: 7/10/2024
- Inclusions: Seller prefers closing end of September.
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $562,000-6.2%$639/sqft |
Source:  StateWide MLS RI #1363045 Report a problem | ||
| 8/9/2024 | Pending sale | $599,000$681/sqft |
Source: StateWide MLS RI #1363045 Report a problem | ||
| 7/22/2024 | Contingent | $599,000$681/sqft |
Source: StateWide MLS RI #1363045 Report a problem | ||
| 7/10/2024 | Listed for sale | $599,000+328.2%$681/sqft |
Source: StateWide MLS RI #1363045 Report a problem | ||
| 7/18/2012 | Sold | $139,900$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,327 | $229,900 |
| 2024 | $3,327 +2% | $229,900 |
| 2023 | $3,262 -18.3% | $229,900 +7.9% |
| 2022 | $3,991 | $213,100 |
| 2021 | $3,991 | $213,100 |
| 2020 | $3,991 +2.2% | $213,100 +2.2% |
| 2019 | $3,905 +18.2% | $208,500 +31.3% |
| 2018 | $3,303 +2.8% | $158,800 |
| 2017 | $3,214 | $158,800 |
| 2016 | $3,214 +32.6% | $158,800 +36% |
| 2015 | $2,424 +3.5% | $116,800 |
| 2014 | $2,343 +1.4% | $116,800 |
| 2013 | $2,311 -14% | $116,800 -23.1% |
| 2011 | $2,687 +1.2% | $151,900 |
| 2010 | $2,655 +25.7% | $151,900 +1.7% |
| 2009 | $2,113 +5.5% | $149,400 |
| 2008 | $2,003 | $149,400 |
Find assessor info on the county website
Neighborhood: 02888
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Nearby schools
GreatSchools rating
- 6/10Holliman SchoolGrades: K-5Distance: 1.7 mi
- 5/10Warwick Veterans Jr. High SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Pilgrim High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$582,100
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Estimated market value
$582,100
- Rhode Island
- Kent County
- Warwick
- 02888
- 243 Namquid Dr
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