Warwick, R.I. —This week’s featured home is another jewel near the beach at 163 Capron Farm Drive for $189,900 with a private beach.
The house, listed by Keller Williams, is a three-bed 1-bath single-story home with a path from the backyard to a little private beach. It’s a great opportunity to own on one of the nicest streets in Buttonwoods for under $200,000.
This property has a brand new heating system and hot water tank, is clean as a whistle inside and ready for buyers to move in right away. The property does not require flood insurance, which is a big savings and makes a difference in the affordability for homeowners. One key factor to understand when purchasing near the water is whether or not the property is in a lender required flood insurance area. Sometimes flood insurance is merely a “cost of doing business” in the right location but it’s also a differentiating factor in the price of a home. Check on the flood maps with a local Realtor and/or insurance agent when purchasing near the beach.
Right now, we are in a hot market and good properties like these are selling quickly.