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For sale
    • $1,400,000

    58 Allston Ave, Middletown, RI 02842

    4beds
    2,142sqft
    : 
    $8,420/mo
    Get pre-qualified
    Single Family Residence
    Built in 1979
    6,298 Square Feet Lot
    $-- Zestimate®
    $654/sqft
    $-- HOA

    What's special

    58 Allston Avenue, Middletown, RI 02842 — A rare, fully licensed and turn key short term rental investment in coveted Easton’s Point. This legal 5 bedroom, 3 bath single family home is a proven income producer, generating approximately $94,000 in annual gross revenue, and is being offered fully furnished with all furniture, fixtures, decorations, linens, kitchenware, and guest amenities included so the new owner can continue STR operations immediately. The “Coastal Charm Beach House” enjoys a prime location in the Easton’s Point neighborhood—just a short walk to Sachuest Beach(2nd Beach), Easton’s Beach (First Beach) and the Newport Cliff Walk, and only about 2–2.5 miles to downtown Newport’s restaurants, shops, and waterfront attractions. This balance of beach access and proximity to downtown makes it especially appealing to summer visitors, event guests, and year round travelers seeking a classic Newport area experience.
    21 days
    |
    921
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Barry Alofsin 401-345-3100,

    BHHS Commonwealth Real Estate

    Source: StateWide MLS RI,MLS#: 1418714MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Bathroom
      • Level: Second
      Bathroom
      • Level: Second
      Bathroom
      • Level: First
      Dining area
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Oil, Baseboard, Central Air, Forced Air, Forced Water, Zoned
      Cooling
      • Ductless
      Appliances
      • Included: Electric Water Heater, Solar Hot Water, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
      Features
      • Wall (Plaster), Plumbing (Copper), Insulation (Ceiling), Insulation (Walls)
      • Flooring: Ceramic Tile, Laminate, Carpet
      • Windows: Insulated Windows
      • Basement: Full,Interior Entry,Finished,Bath/Stubbed,Bedroom(s),Common,Laundry,Storage Space,Utility
      • Number of fireplaces: 1
      • Fireplace features: Brick
      Interior area
      • Total structure area: 1,242
      • Total interior livable area: 2,142 sqft
      • Finished area above ground: 1,242
      • Finished area below ground: 900
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Integral
      • Attached garage spaces: 1
      Features
      • Waterfront features: Walk to Fresh Water, Walk to Salt Water
      Lot
      • Size: 6,298 Square Feet
      Details
      • Parcel number: MIDDM0115BSEL257
      • Zoning: RES
      • Other equipment: Cable TV, Coal Stove

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Single Family Residence
      Materials
      • Plaster, Clapboard
      • Foundation: Concrete Perimeter
      Condition
      • New construction: No
      • Year built: 1979

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Assessment to Seller
      • Water: Assessment Seller, Municipal

      Community & HOA

      Community
      • Features: Near Public Transport, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Schools, Near Shopping, Near Swimming, Tennis
      • Subdivision: Easton's Point
      HOA
      • Has HOA: No
      Location
      • Region: Middletown

      Financial & listing details

      • Price per square foot: $654/sqft
      • Tax assessed value: $847,400
      • Annual tax amount: $9,991
      • Date on market: 7/31/2026
      • Inclusions: Current rental website - https://www.coastalcharmbeachhouse.com/

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Price change$1,400,000+150.4%$654/sqft
        Source: StateWide MLS RI #1418714 Report a problem
        11/9/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/20/2021Listed for rent$2,500-16.4%$1/sqft
        Source: Zillow Rental Manager Report a problem
        1/22/2021Listing removed--
        Source: Local MLS Report a problem
        1/4/2021Listed for rent$2,990-0.3%$1/sqft
        Source: StateWide MLS RI #1272618 Report a problem
        12/27/2020Listing removed--
        Source: Zillow Rental Manager Report a problem
        12/21/2020Listed for rent$3,000$1/sqft
        Source: Owner Report a problem
        11/20/2020Price change$559,000-3.5%$261/sqft
        Source: BHHS Commonwealth Real Estate #1270470 Report a problem
        11/3/2020Price change$579,000-3.5%$270/sqft
        Source: BHHS Commonwealth Real Estate #1270470 Report a problem
        10/23/2020Listed for sale$599,900+103.4%$280/sqft
        Source: BHHS Commonwealth Real Estate #1267859 Report a problem
        2/25/2004Sold$295,000$138/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,542 $847,400
        2024$9,542 +57.7%$847,400 +68.4%
        2023$6,050 $503,300
        2022$6,050 $503,300
        2021$6,050 -3.6%$503,300 +39.8%
        2020$6,274 +3.7%$360,000
        2018$6,052 +41.8%$360,000 +30.1%
        2016$4,268 +2.5%$276,800
        2015$4,163 +0.7%$276,800 +7.6%
        2014$4,133 +2.3%$257,200
        2013$4,041 +2%$257,200
        2012$3,961 +15.3%$257,200
        2011$3,436 -15.7%$257,200 -15.7%
        2010$4,077 +0.9%$305,200
        2009$4,041 -2.6%$305,200 -19%
        2007$4,147 +3.9%$376,700
        2006$3,993 +11.5%$376,700 +71.9%
        2005$3,582 +6.5%$219,100
        2004$3,363 $219,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02842

        Getting around

        51 / 100
        Somewhat Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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