Backup offers
$10,000 Closing Credit¹
#1353989, Listing Office: RE/MAX Results
$7,600
closing credit¹
40 Draper Ave Middletown, RI 02842
$640,000 List price
$7,600
Closing credit¹
1 bed
1 full
1,516 sqft
0.3 acres
$422 / sqft
House
Property details
About 40 Draper Ave
Charming Beach Cottage ~ Escape to coastal living with this beautifully updated 1 bedroom beach cottage nestled on a desirable corner lot in Middletown, RI. Perfectly blending modern updates with seaside charm, this home is just minutes from sandy beaches, making it an ideal retreat or year-round residence. Key Features: Bright & Airy, thoughtfully updated interior with plenty of natural light. Spacious Bedroom, a cozy yet functional retreat for restful nights. Detached 2 Car Garage with convenient storage, beach gear, or hobbies. Corner Lot offers space for outdoor enjoyment and or gardening. Prime Location, close to Newport, local shops, restaurants, and the stunning beaches. Whether you're looking for a weekend getaway or a cozy place to call home, this property offers the perfect blend of charm and convenience!
Highlights
Home typeSingle Family Residence
HeatingHot Water, Oil
StatusActive
Size1,516 sqft
BasementYes
Lot size0.26 Acres
Year built1917
ParkingDetached, Garage
MLS #1377294
WaterfrontWaterfront
Summary
- MLS Number: 1377294
- MLS Name: RIS
- Office Name: Residential Properties Ltd.
- Office Phone: (401) 619-5622
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: 2/6/2025, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$640,000
40 Draper Ave
$7,600
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $465,500 | $5,242 |
| 2023 | $345,200 | $4,346 |
| 2022 | $345,200 | $4,149 |
| 2021 | $345,200 | $4,149 |
| 2020 | $285,500 | $3,928 |
| 2018 | $285,500 | $3,926 |
History based on county public records data.
Nearby schools
5
Joseph Gaudet Academy
Public District 4-4
1.5 mi
•1113 Aquidneck Ave
4
Claiborne Pell Elementary School
Public District PK-4
1.6 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. The most common annual income of people living in Middletown, RI is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area 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 40 Draper Ave
This home is located at 40 Draper Ave in Middletown, RI and zip code 02842. This 1,516 square foot home, which was built in 1917, sits on a 0.26 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 1, 2025 and is currently priced at $640,000.
While more than 2 listings in Middletown, RI in January 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 11 were sold below. In January 2025 in Middletown, RI there were 7% less homes for sale than in December. In January 2025 median list price was $719,000 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.