1 Bed
1 Bath
510 sqft
$360,000
20 Winnapaug Road B1, Westerly RI, 02891
Price per sqft$705.88
Built in1940
Property size510 sqft
Property typeCondominium
Overview
Active
Listed Aug 28, 2026
Updated 8h ago
OWN YOUR MIQUAMICUT 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 condotel 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 Miquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.
$2,395/mo
Est. mortgage payment based on a $360,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1421862
Interior Features
- Bedrooms
- 1
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $919
- Tax Frequency
- Annually
- Association Fee Frequency
- Monthly
- View
- Yes
- Pets Allowed
- Yes
- Waterfront
- Yes
- 55+/Senior Community
- No
Courtesy of Stanton Realty, Inc., 401-741-6068
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Compass are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 4:21 AM UTC, 10/10/2026.