271 E Great Island Rd, Narragansett, RI, 02882
About This Home
Charming fully furnished beach cottage offering the perfect coastal getaway or investment opportunity! This 5-room cottage features 2 bedrooms, open floor plan, and comfortably sleeps 7. Enjoy stunning sunsets from the wraparound deck and all the charm of seaside living just 500 steps to the beach. Walk to local restaurants, fishing, and the Block Island Ferry. Exterior features maintenance-free vinyl siding with attractive vinyl shingles and clapboard, outdoor shower, public water and sewer, and architectural shingle roof approximately 8 years old. Excellent rental income potential with furnishings included, making this truly turnkey. Whether you’re looking for a summer retreat, vacation rental, or possibly a year-round coastal escape, this cottage offers it all in an unbeatable location! This home currently has a 4 year lease for the land at $10,000 year. Cash buyers only
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Foundation: Block
- Construction materials: Wood Wall(s),Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater,Microwave,Oven/Range,Refrigerator
Basement
- Basement: None
Bathroom
- Level: First
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Family Room
- Level: First
Features
- Wall (Wood),Cathedral Ceiling(s),Plumbing (Mixed),Insulation (Walls)
- Window features: Insulated Windows
- Flooring: Laminate
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 780
Heating & Cooling
- Heating features: Electric,Baseboard
- Cooling features: Individual Unit
Interior Area
- Total structure area: 780
- Total interior livable area: 780 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- On leased land: Yes
Features
- Patio & porch: Deck
- Waterfront features: Access,Beach,Walk to Salt Water
Parking
- Total spaces: 2
- 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
- Coastal Flooding
- Lightning
- 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 | $1,390 | $16,680 |
| Home Insurance * | $126 | $1,512 |
| Property Taxes | $208 | $2,496 |
| Electricity | $389 | $4,675 |
| Total | $2,113 | $25,356 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $275,000 |
View on Zillow