Charming Beach Cottage. Nestled in a prime Middletown location just moments from multiple beaches, this delightful 1-bedroom coastal cottage offers the perfect blend of charm and convenience. Originally a 2-bedroom home, it could easily be converted back to suit your needs. Move-in ready, this home boasts an updated kitchen, newer windows, and a newer roof, ensuring comfort and efficiency. Situated on a desirable corner lot, the property features a spacious 2-car garage, offering ample storage and parking. Whether you’re looking for a serene year-round retreat or a beachside getaway, this home provides endless possibilities. Being sold as-is as part of an estate, this is a fantastic opportunity to own a piece of Middletown’s sought-after coastal lifestyle. Don’t miss your chance to make this beachside gem your own!
Sold for $617,500
Street View
$617,500
40 Draper Ave, Middletown, RI 02842
1beds
796sqft
Single Family Residence
Built in 1917
0.26 Acres Lot
$929,000 Zestimate®
$776/sqft
$2,925 Estimated rent
Home value
$929,000
$780,000 - $1.12M
$2,925/mo
Zestimate® history
Owner options
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$2,925/mo
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$2,925/mo
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$2,997/mo
Est. payment
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$2,997/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Marisa Ferris 401-640-0170,
Residential Properties Ltd.
Bought with:
Fitzpatrick Team
RE/MAX Results
Source: StateWide MLS RI,MLS#: 1377294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Bathroom
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Oil, Forced Water
Cooling
- None
Appliances
- Included: Dryer, Microwave, Oven/Range, Refrigerator, Washer
Features
- Wall (Dry Wall), Wall (Plaster), Plumbing (Mixed), Insulation (Walls), Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Full,Walk-Out Access,Unfinished,Storage Space,Utility
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 796
- Total interior livable area: 796 sqft
- Finished area above ground: 796
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Detached
- Garage spaces: 2
Accessibility
- Accessibility features: Flat Thresholds, One Level, Accessible Approach with Ramp
Features
- Waterfront features: Walk to Fresh Water, Walk to Salt Water, Walk To Water
Lot
- Size: 0.26 Acres
- Features: Corner Lot
Details
- Parcel number: MIDDM0121BNWL11
- Zoning: R-10
- Special conditions: Conventional/Market Value
- Other equipment: Cable TV
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage,Ranch
- Property subtype: Single Family Residence
Materials
- Dry Wall, Plaster, Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers, Generator
- Water: Well
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
- Subdivision: Easton's Point - Saint George's
HOA
- Has HOA: No
Location
- Region: Middletown
Financial & listing details
- Price per square foot: $776/sqft
- Tax assessed value: $465,500
- Annual tax amount: $4,800
- Date on market: 2/1/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2026 | Listing removed | $3,400$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/8/2026 | Listed for rent | $3,400+6.3%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/1/2025 | Listing removed | $3,200$4/sqft |
Source: StateWide MLS RI #1387473 Report a problem | ||
| 6/12/2025 | Listed for rent | $3,200$4/sqft |
Source: StateWide MLS RI #1387473 Report a problem | ||
| 6/12/2025 | Listing removed | $3,200$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Listed for rent | $3,200$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2025 | Sold | $617,500-1.2%$776/sqft |
Source:  StateWide MLS RI #1377294 Report a problem | ||
| 3/28/2025 | Contingent | $625,000$785/sqft |
Source: StateWide MLS RI #1377294 Report a problem | ||
| 3/26/2025 | Price change | $625,000-2.3%$785/sqft |
Source: StateWide MLS RI #1377294 Report a problem | ||
| 2/1/2025 | Listed for sale | $640,000$804/sqft |
Source: StateWide MLS RI #1377294 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,242 | $465,500 |
| 2024 | $5,242 +26.3% | $465,500 +34.8% |
| 2023 | $4,149 | $345,200 |
| 2022 | $4,149 | $345,200 |
| 2021 | $4,149 +5.6% | $345,200 +20.9% |
| 2020 | $3,928 +0.1% | $285,500 |
| 2018 | $3,926 -1.7% | $285,500 +10.2% |
| 2016 | $3,995 +2.5% | $259,100 |
| 2015 | $3,897 +6.6% | $259,100 +13.9% |
| 2014 | $3,656 +2.3% | $227,500 |
| 2013 | $3,574 +2% | $227,500 |
| 2012 | $3,504 +15.3% | $227,500 |
| 2011 | $3,039 -10.9% | $227,500 -10.9% |
| 2010 | $3,409 +0.9% | $255,200 |
| 2009 | $3,379 +3% | $255,200 -14.4% |
| 2007 | $3,282 +3.9% | $298,100 |
| 2006 | $3,160 +9% | $298,100 +68% |
| 2005 | $2,900 +6.5% | $177,400 |
| 2004 | $2,723 | $177,400 |
Find assessor info on the county website
Neighborhood: 02842
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Nearby schools
GreatSchools rating
- 10/10Aquidneck SchoolGrades: PK-3Distance: 0.2 mi
- 7/10Joseph H. Gaudet SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Middletown High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$929,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$929,000
- Rhode Island
- Newport County
- Middletown
- 02842
- 40 Draper Ave
Nearby cities
Nearby zip codes
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