60 Madison Way, Portsmouth, RI, 02871
About This Home
Turn-key raised ranch located on a desirable corner lot in the sought-after Homestead neiglhborhood of Prudence Island. This well-maintained home offers open living space, large bedrooms, and approximately 1,318 sq ft of finished living area including a bright finished lower level with full windows. The home is in pristine condition and comes fully furnished, making it truly move-in ready. Recent improvements include new Trex decking installed last year, perfect for relaxing or entertaining. Additional features include a water filtration system and two oil tanks, providing comfort and reliability for year-round island living. Ideally located within walking distance to the beach and ferry, offering easy access to everything Prudence Island has to offer. An opportunity to own a beautifully maintained island home in one of Prudence’s most desirable neighborhoods.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2009
Materials
- Foundation: Concrete Perimeter
- Construction materials: Plaster,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Dishwasher,Dryer,Microwave,Oven/Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Partially Finished,Media Room,Utility
Bathroom
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Family Room
- Level: First
Features
- Wall (Plaster),Stairs,Ceiling Fan(s)
- Flooring: Ceramic Tile,Hardwood,Vinyl,Carpet
- Fireplace features: None
- Finished area below ground: 300
- Finished area above ground: 1,300
Heating & Cooling
- Heating features: Oil,Baseboard
- Cooling features: None
Interior Area
- Total structure area: 1,300
- Total interior livable area: 1,600 sqft
Kitchen
- Level: First
Master Bedroom
- Level: First
Other
- Level: First
Recreation Room
- Level: Lower
Utility Room
- Level: Lower
Property
Details
- Zoning: R20
- Foundation area: 704
Features
- Patio & porch: Deck
Lot
- Lot size: 10,454 sqft
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Rhode Island Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,528 | $30,336 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $358 | $4,296 |
| Electricity | $389 | $4,675 |
| Total | $3,461 | $41,532 |
Income You'd Need if You Spent...
Rhode Island FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Price change | $499,999 |
| 2026-03-08 | Listed for sale | $554,900 |
View on Zillow