20 Winnapaug Rd Unit B3 Westerly, RI 02891
Westerly AreaEstimated payment $2,064/month
Highlights
- Marina
- Beach Access
- Community Pool
- Water Views
- Golf Course Community
- Tennis Courts
About This Home
OWN YOUR MIQUAMICUT BEACH GETAWAY WITH INCOME POTENTIAL Imagine having your own place in Miquamicut where you can spend summer weekends at the beach, walk to nearby restaurants, enjoy your own assigned parking, and still have the ability to generate rental income when you're not using it. This unique condotel opportunity offers the best of both worlds: a personal coastal retreat and an income-producing investment. Located within an easy walk of the beach, these residences offer beach parking and access rights, two assigned parking spaces, and trash included with MFD taxes. For the investment-minded buyer, projected cap rates exceed 10% on the four units currently available, providing an opportunity to enter the Misquamicut vacation market at an attractive price point. Buyers can choose the unit that best fits their goals or explore the opportunity to acquire multiple units. Whether you're looking for a summer getaway, a second home that helps offset its own expenses, or a dedicated vacation-rental investment, this is an opportunity to own in one of Westerly's most recognizable beach destinations. Walk to the beach. Walk to restaurants. Park at the beach. Generate income. Enjoy Miquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $884
Year Built
- Built in 1940
HOA Fees
- $310 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 362 Sq Ft Home
- 2-Story Property
- Water Views
- Unfinished Basement
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Parking
- 8 Parking Spaces
- No Garage
- Assigned Parking
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Legal Lot and Block 3 / 222
- Assessor Parcel Number 20WINNAPAUGRDB3WEST
Community Details
Overview
- Association fees include electricity, heat, HVAC, hot water, insurance, internet, ground maintenance, parking, snow removal, security, water
- 8 Units
- Misquamicut Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
- Community Pool
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,794 | $344,400 | $58,300 | $286,100 |
| 2024 | $10,226 | $322,300 | $58,300 | $264,000 |
| 2023 | $3,749 | $312,200 | $58,300 | $253,900 |
| 2022 | $3,381 | $285,000 | $58,300 | $226,700 |
| 2021 | $2,930 | $285,900 | $53,500 | $232,400 |
| 2020 | $2,498 | $243,500 | $53,500 | $190,000 |
| 2019 | $2,601 | $248,400 | $53,500 | $194,900 |
| 2018 | $2,827 | $217,400 | $50,900 | $166,500 |
| 2017 | $3,063 | $217,500 | $50,900 | $166,600 |
| 2016 | $3,193 | $214,500 | $50,900 | $163,600 |
| 2014 | $3,199 | $210,600 | $50,900 | $159,700 |
| 2013 | $3,164 | $202,700 | $50,900 | $151,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/28/2026 08/28/26 | For Sale | $306,000 | -- | $845 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1421669
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Ask me questions while you tour the home.