16 Lane 7
Warwick, RI 02888
- 1 bed
- 1 bath
- 684 sqft
- $802 per sqft
- 1935 build
Spectacular waterfront home located in Gaspee Point. This lovely cottage has panoramic views of Narragansett Bay. Enjoy sunrises, sunsets and the sparkle of the Mt. Hope Bridge in the evening from the comfort of your home in this private community. This updated home features one bedroom with full bath, spacious kitchen and great room with beautiful year round saltwater views. The outdoor space is perfect for entertaining or simply relaxing while watching the passing boasts and wildlife go by. Take long walks as you stroll down the private path to the beach and then rinse off in your large outdoor shower. Pride in ownership is evident within this cottage. No Flood Insurance required. Property located on leased land, pets are welcome and subject to buyers approval by the association. Buyer responsible for sewer assessment of $91 per month. Subject to seller securing suitable housing. Welcome Home!
Last checked:
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Last updated Jan 30, 2025
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MLS# 1377188 —
The Building
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Year Built:1935
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New Construction:false
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Building Area Total:684.0
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Construction Materials:Drywall,VinylSiding
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Architectural Style:Cabin
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Foundation Details:SeeRemarks
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Stories:1
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Stories Total:1
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Levels:One
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Basement:None
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Basement:false
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Door Features:StormDoors
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Window Features:ThermalWindows
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Patio And Porch Features:Patio
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Exterior Features:Patio,SprinklerIrrigation,PavedDriveway
Interior
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Interior Features:StallShower,CableTv
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Flooring:CeramicTile,Laminate
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:684.0
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Living Area Source:PublicRecords
Location
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Latitude:41.742498
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Longitude:-71.379846
The Property
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Features:CornerLot,SprinklerSystem,Waterfront
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Lot Size Units:SquareFeet
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Parcel Number:16LANE7WARW
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View:Saltwater,Water
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View:true
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Land Lease:true
Listing Agent
- Contact info:
- Agent phone:
- (401) 921-5011
- Office phone:
- (401) 921-5011
Taxes
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Tax Year:2024
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Tax Annual Amount:2270.0
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Tax Assessed Value:156900
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Tax Lot:58
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://tour.RiLiving.com/16-Lane-7-Warwick-RI-02888
Heating & Cooling
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Heating:ForcedAir,Gas,Other
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Heating:true
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Cooling:Ductless
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Cooling:true
Utilities
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Utilities:SewerConnected
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Electric:Amps100,CircuitBreakers
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Sewer:Connected,SewerAssessments
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Water Source:Connected
Appliances
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Appliances:ElectricWaterHeater,Microwave,Oven,Range,Refrigerator,WaterHeater
The Community
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Subdivision Name:Gaspee Point
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Senior Community:false
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Community Features:Golf,HighwayAccess,Marina,NearHospital,NearSchools,PublicTransportation,RecreationArea,Restaurant,Shopping,TennisCourts
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Waterfront:true
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Waterfront Features:BeachAccess,BeachFront,WaterAccess,WalkToWater,Waterfront
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Association Fee:447.0
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Association Fee Frequency:Monthly
Parking
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Parking Total:2.0
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Parking Features:NoGarage
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Garage:false
Monthly cost estimate
Asking price
$549,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,939
|
| Taxes | $189 |
| Insurance | $150 |
| HOA fees | $447 |
| Utilities | $292 See report |
| Total | $4,017/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/30/25
Jan 30, 2025
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Listed / Active | RIMLS | $549,000 |
57% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $26k above asking price on average, but some went as high as $161k over asking price.
