Darling Beach Bungalow with open living spaces, cathedral ceilings, natural wood textures, yacht like details and a story book back yard. It's the perfect summer getaway so close to the beaches and restaurants or perfect winter retreat with a wood cabin feel complete with Lange Wood Stove to enjoy a crackling toasty fire. Surprising space with plenty of room for entertaining, 2 bedrooms and a flex room great for 3rd bedroom or den. Jump in the outdoor shower after a day at the beach then enjoy dinner and sunset on the deck.
Property Details
Property Features
Property Information:
Architectural Style: Bungalow, Cabin/Cottage
Year Built: 1930
Stories: 1
Living Area: 1,490 SqFt
Listing Office:
Office Name: RE/MAX Profnl. Newport, Inc.
Office Phone: (401) 849-0100
Interior Features
Interior Information:
Appliances: Microwave, Oven, Water Heater, Range, Refrigerator, Range Hood, Washer
Basement: Yes
Flooring Type: Ceramic Tile, Hardwood, Laminate
Interior: Attic, Cedar Closet(s), Cathedral Ceiling(s), Tub Shower, Wood Burning Stove
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Waterfront: Waterfront
Exterior: Deck, Patio
Parking Information:
Attached Garage: No
Parking: Detached, Garage
Lot Features
Lot Information:
Lot Size: 0.23 Acres
Utilities
Utilities Information:
Heating: Baseboard, Hot Water, Oil, Wood
Cooling: None
School Info
Assigned Schools Information:
Middletown High School, Public District Grades 9-12
Joseph H. Gaudet School, Public District Grades 5-8
Price Information
Listing Price Info
Price Summary:
List Price: $695,000
Price Per SqFt: $466/SqFt
Tax Information:
Annual Amount: $4,804
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Middletown, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,536
Per Month
Principal & Interest
$3,469
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,150
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school1.53 miles
Public District Grades 5-8
High School
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school1.52 miles
Public District Grades 9-12
Nearby Schools
4
/10
Claiborne Pell Elementary School
35 Dexter St
Distance between this listing and this school1.63 miles
Public District Grades PK-4
7
/10
Jamestown School-Melrose
76 Melrose Ave
Distance between this listing and this school5.36 miles
Public District Grades PK-4
9
/10
Melville School
1351 W Main Rd
Distance between this listing and this school5.92 miles
Public District Grades PK-3
Assigned Schools
8
/10
Joseph H. Gaudet School
1113 Aquidneck Ave
Distance between this listing and this school1.53 miles
Public District Grades 5-8
Nearby Schools
5
/10
Joseph Gaudet Academy
1113 Aquidneck Ave
Distance between this listing and this school1.53 miles
Public District Grades 4-4
3
/10
Frank E. Thompson Middle School
55 Broadway
Distance between this listing and this school1.86 miles
Public District Grades 5-8
Assigned Schools
4
/10
Middletown High School
130 Valley Rd
Distance between this listing and this school1.52 miles
Public District Grades 9-12
Nearby Schools
3
/10
Rogers High School
15 Wickham Rd
Distance between this listing and this school3.09 miles
Public District Grades 9-12
7
/10
Portsmouth High School
120 Education Ln
Distance between this listing and this school8.06 miles
The neighbors living near this home have an average income of $68,881. Most Middletown, RI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12 Draper Ave
What is the listing price of this property?
The listing price of 12 Draper Ave property is $695,000.
What type of property is this?
The property 12 Draper Ave is a house located in Middletown, Rhode Island, 02842.
Is this property for sale now?
Active Listing: 12 Draper Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 12 Draper Ave are: Joseph H. Gaudet School: GreatSchools Rating 8/10Middletown High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,804 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 18, 2015 for $290,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 12 Draper Ave has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 12 Draper Ave is 1,490 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 12 Draper Ave is 1930.
This home is located at 12 Draper Ave in Middletown, RI and zip code 02842. This 1,490 square foot home, which was built in 1930, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $695,000.
In May 2024 more than 7 listings in Middletown, RI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below. In May 2024 in Middletown, RI there were 34.2% more homes for sale than in April 2024. Listings spent 50 days on the market in May 2024, and had a median list price of $715,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.