About This Home

This 1-bedroom, 1-bathroom condo at 20 Winnapaug Road #B7 in Westerly, RI is listed for $350,000 ($743 per sqft). Built in 1940, the home offers 471 sqft of living space on a N/A lot.

Key Features

  • Built in 1940
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
1 full
2 spaces
#B7
1940

Amenities

ViewA/C
Listing Description

OWN YOUR MISQUAMICUT BEACH GETAWAY - WITH INCOME POTENTIAL. Imagine having your own place in Misquamicut 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 condo-tel 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. 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 Misquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.

Monthly Cost Estimate

$2,197/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102
HOA$325

Estimates only. Actual payments may vary.

Location

20 Winnapaug Road #B7

Westerly, RI 02891

Misquamicut

Features & Amenities

Interior Features

Wall (Dry Wall)Plumbing (Mixed)Insulation (Unknown)

Property Details

Flooring

Tile - Ceramic

Construction

Dry Wall Vinyl Siding

Views

Water

Parking

Assigned

Heating

Electric (Heating)Baseboard

Cooling

Window Unit(s)

Appliances

Electric Water Heater

Questions & Answers

This 1-bedroom, 1-bathroom condo at 20 Winnapaug Road is listed at $350,000 ($743/sqft). The estimated monthly payment is $2,197 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $325/month.

Key features include: Built in 1940, 2 stories, 2 parking spaces. Interior Features: Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown).

This property is listed by Jackson Barber.

JB

Jackson Barber

Agent at Stanton Realty, Inc.

Listed by Stanton Realty, Inc. · Broker phone: (401) 212-7521 · View on Broker Site · Broker website

MLS# 1421491· Source: State Wide MLS of Rhode Island, Inc.· 60 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

20 Winnapaug Road #B7, Westerly, RI 02891

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