Are you ready to claim your piece of paradise on Prudence Island? Tucked away on a charming 0.14-acre, this quaint 560 sq ft fixer-upper cottage presents an ideal chance to craft your dream retreat. With a price tag under $200,000, this delightful property is an exceptional investment for those eager to personalize their own piece of island life. Two lots provide plenty of room for expansion, gardening, or outdoor fun. This is an incredible value for such a unique and sought-after location. Imagine the endless possibilities, this cottage serves as a blank canvas ready for your imaginative touch. Relish the benefits of owning a compact yet adaptable property that can be transformed into the ultimate retreat from the fast pace of everyday life. Don’t let this rare chance to realize your island dream slip away. Arrange a showing today and begin envisioning your perfect paradise!
Sold for $130,000
$130,000
2 Raphael Ave, Prudence Island, RI 02872
1beds
560sqft
Single Family Residence
Built in 1960
6,098.4 Square Feet Lot
$193,900 Zestimate®
$232/sqft
$1,999 Estimated rent
Home value
$193,900
$145,000 - $256,000
$1,999/mo
Zestimate® history
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$631/mo
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Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 02:42pm
Listed by:
Jennifer Gempp 401-374-6912,
Coastal Properties Group
Bought with:
Gregory Gempp, RES.0045202
Coastal Properties Group
Source: StateWide MLS RI,MLS#: 1369552
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bathroom
- Level: First
Other
- Level: First
Family room
- Level: First
Kitchen
- Level: First
Heating
- None, Other
Cooling
- None
Appliances
- Included: Gas Water Heater, Dishwasher, Oven/Range, Refrigerator
Features
- Wall (Plaster), Plumbing (Mixed), Insulation (Unknown), Insulation (Walls)
- Flooring: Plywood
- Basement: None,Unfinished
- Has fireplace: Yes
- Fireplace features: Free Standing
Interior area
- Total structure area: 560
- Total interior livable area: 560 sqft
- Finished area above ground: 560
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: No Garage
Features
- Waterfront features: Walk to Salt Water
Lot
- Size: 6,098 sqft
- Features: Corner Lot
Details
- Foundation area: 560
- Parcel number: PORTM074B0047
- Zoning: R20
- Special conditions: Conventional/Market Value
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Plaster, Wood
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 30 Amps
- Sewer: Cesspool
- Water: Public
Community & neighborhood
Location
- Region: Prudence Island
- Subdivision: Prudence Island
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2025 | Sold | $130,000-33%$232/sqft |
Source:  StateWide MLS RI #1369552 Report a problem | ||
| 11/12/2024 | Pending sale | $194,000$346/sqft |
Source: StateWide MLS RI #1369552 Report a problem | ||
| 9/25/2024 | Listed for sale | $194,000$346/sqft |
Source: StateWide MLS RI #1369552 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $637 +0.6% | $48,000 |
| 2024 | $633 +13% | $48,000 +33.3% |
| 2023 | $560 | $36,000 |
Find assessor info on the county website
Neighborhood: 02872
Nearby schools
GreatSchools rating
- 10/10Melville SchoolGrades: PK-4Distance: 3.6 mi
- 8/10Portsmouth Middle SchoolGrades: 5-8Distance: 5.2 mi
- 9/10Portsmouth High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$193,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$193,900
- Rhode Island
- Newport County
- Portsmouth
- 02872
- 2 Raphael Ave