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$10,000 Closing Credit¹
#1375501, Listing Office: RE/MAX Profnl. Newport, Inc.
$1,800,000 List price
118 Wolcott Ave Middletown, RI 02842
$10,000
Closing credit¹
3 beds
2 full
1,600 sqft
0.8 acres
$1,125 / sqft
House
Property details
About 118 Wolcott Ave
A RARE FIND ON EASTON'S POINT....A parcel of land large enough for a family compound! The solidly built, well-maintained ranch home is in move-in condition. The house features a living room, dining room, and 3 bedrooms with hardwood flooring; a kitchen with linoleum flooring; 2 full bathrooms with tile flooring; full dry basement; an efficient 95% AFUE direct vent gas boiler; architectural shingles; first floor and basement washer/dryer hookups; huge fenced-in back yard; knotty pine breezeway to attached 2-car garage; tool shed; brick patio and front walkway; basement cedar closet; and retractable awnings on the front windows. ATTENTION INVESTORS: The property consists of 2 lots and the existing house is grandfathered to allow short-term rentals without a special permit or owner residency on the property. As an added bonus, duplexes are allowed by special permit in this zoning district. Each lot is legally nonconforming with respect to frontage and lot width. An administrative subdivision is in the works to remove a minor encroachment of the house over the common lot line and to increase the area of one lot to 20,000 sf, which would allow an accessory dwelling unit by right if the proposed ordinance is adopted. The house and 2 lots are currently being offered as a package, but once the administrative subdivision is completed the owner will entertain selling the 2 parcels individually.
Highlights
Home typeSingle Family Residence
HeatingBaseboard, Natural Gas, Hot Water
StatusActive
CoolingCentral Air
Size1,600 sqft
BasementYes
Lot size0.8475 Acres
Year built1953
ParkingAttached, Garage
MLS #1372308
Attached garageYes
FireplaceInsert, Gas, Masonry
Summary
- MLS Number: 1372308
- MLS Name: RIS
- Office Name: Connell Real Property
- Office Phone: (401) 662-1356
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
118 Wolcott Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 18, 2000 | Home Sold | $230,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $610,800 | $6,878 |
| 2023 | $464,600 | $5,849 |
| 2022 | $464,600 | $4,957 |
| 2021 | $464,600 | $5,105 |
| 2020 | $396,700 | $5,459 |
| 2018 | $396,700 | $5,455 |
History based on county public records data.
Nearby schools
5
Joseph Gaudet Academy
Public District 4-4
1.6 mi
•1113 Aquidneck Ave
4
Claiborne Pell Elementary School
Public District PK-4
1.7 mi
•35 Dexter St
7
Melrose Avenue School
Public District PK-4
5.3 mi
•76 Melrose Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,881. Typical income of Middletown, RI residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
25%
<35k
41%
35k-100k
28%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Yoga/pilates
Where do the neighbors shop?
Chico's
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Boston Market
Chipotle
Dominos Pizza
What do the neighbors drive?
Volvo
Mazda
Audi
What do the neighbors listen to?
Talk/Personality
Rock
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Middletown, RI
About 118 Wolcott Ave
This home is located at 118 Wolcott Ave in Middletown, RI and zip code 02842. This 1,600 square foot home, which was built in 1953, sits on a 0.85 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $1,800,000.
Over 2 listings were sold over their listed price in January 2025 in Middletown, RI. In the same period over 11 listings were sold below the listed price and 3 listings were sold for the listed price. Between December and January 2025, Middletown, RI real estate market has seen decrease in the number of listings by 7%. While the average time on the market in January 2025 was 70 days, the median list price was $719,000.
From Rocket Homes Real Estate and based on county public records data.