For SaleRisky Deal33 days on market
694 Charlestown Beach Rd
694 Charlestown Beach Rd, Charlestown, RI 02813, Charlestown, RI 02813
$3,650,000
Listing Price
694 Charlestown Beach Rd, Charlestown, RI 02813
Loc: Charlestown, RI
Days Listed
33
Tax Assessed
$2625k
Lot Size
0.52 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Charlestown Elementary School
K-4
6.3 mi away
7
Chariho Regional Middle School
5-8
7.1 mi away
10
Chariho High School
9-12
7.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
coastalshingle-styleelevated-structuremulti-level-deckbeach-housecedar-shakewooden-railingsoutdoor-livinggabled-roofstaircase-accessvacation-homenautical-motifpicket-fencestilted-foundation
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.94%
Total ROI
88.0%
Cash Flow
$-867/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-867/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Charlestown
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-22 | Listed for sale | $3,650,000 | $2,592 |
| 2026-08-20 | Listing removed | $3,995,000 | $2,837 |
| 2026-05-20 | Listed for sale | $3,995,000 | $2,837 |
| 2026-04-07 | Listing removed | $4,300,000 | $3,054 |
| 2026-01-30 | Listed for sale | $4,300,000 | $3,054 |
| 2016-08-09 | Sold | $1,080,000 | $767 |
| 2016-07-29 | Pending sale | $1,160,000 | $824 |
| 2016-05-14 | Price change | $1,160,000 | $824 |
| 2015-04-23 | Listed for sale | $1,395,000 | $991 |
| 2014-03-17 | Listing removed | $1,500,000 | $1,065 |
| 2013-05-16 | Listed for sale | $1,500,000 | $1,065 |
| 2007-09-28 | Sold | $1,400,000 | $994 |
| 1997-03-21 | Sold | $370,000 | $263 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $2,624,800 |
| 2025 | $11,297 | $1,905,000 |
| 2024 | $10,992 | $1,901,700 |
| 2023 | $10,916 | $1,901,700 |
| 2022 | $9,784 | $1,197,600 |
| 2021 | $9,796 | $1,197,600 |
| 2020 | $9,856 | $1,197,600 |
| 2019 | $11,054 | $1,197,600 |
| 2018 | $11,545 | $1,197,600 |
| 2017 | $11,485 | $1,197,600 |
| 2016 | $11,175 | $1,094,500 |
| 2015 | $11,065 | $1,094,500 |
| 2014 | $10,836 | $1,094,500 |
| 2013 | $9,433 | $997,100 |
| 2012 | $9,273 | $997,100 |
| 2011 | $9,034 | $997,100 |
| 2010 | $10,497 | $1,403,300 |
| 2009 | $10,441 | $1,403,300 |
| 2008 | $10,048 | $1,403,300 |
| 2007 | $10,863 | $1,446,500 |
| 2006 | $9,836 | $1,446,500 |
| 2004 | $7,268 | $577,300 |
| 2003 | $6,899 | $577,300 |
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