Investors looking for High ROI whether flip or BRRRR (Refinance) here is your fastest investment turn around featuring (.52 acre Lot).
Westerly is a Historic/Tourist area surrounded by plenty to do. Shopping Centers, Best Beach in RI (State Beach 15 mins away), Foxwoods resort & casino (15 mins away), Mohegan Sun resort (30 mins away), Aquarium and parks (15 mins away) including malls and much more. 95 is 5 minutes away from the property. Lots of Restaurants and adventure. This property is not only perfect for investors but also first time homebuyers wanting to take advantage of renovation loans. On this Half Acre Lot you can add ADUs for Airbnb, Or add a property for long term rental income. Either way is a win because you can use the immediate equity as collateral to build.
KNR took the Liberty to get all the tedious work done for you CODE COMPLIANT!
-Permits & Approved Plans
-Demo & Cleanup
-New Roof
-All New Windows
-Added 1 Bathroom (3Beds, 2Baths)+$
-All Framing Done
-All Electrical Done
-All Plumbing Done
We are honored to hand off this beautiful project to a savvy investor that likes to make money. In the Pictures we have attached a Comparables screenshot so you can inspect our market analysis and see why we are certain this project has an After Repair Value $520,000 - $565,000 earning you over $95,000 in equity or profit.
One KNR tip is always to keep and refinance. Refinancing converts your profits to a "LOAN", and we all know we don't get taxed on borrowed money, So no capital gains tax. Happy Investing!!!
For sale by owner
$385,000
21 White Rock Rd, Westerly, RI 02891
3beds
1,440sqft
Est.:
SingleFamily
Built in 1869
0.52 Acres Lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
New roofAll plumbing doneAll framing doneAll new windowsAll electrical done
What the owner loves about this home
Best of both worlds. In one world, I fell in love with the beautiful Downtown Westerly, seems like there is always something to do and full of life no matter the station of the year. Restaurants, River Activities, Beach, Small cozy local cafes, Gallerias, Theaters and much more. I love the local food options, there is a noticeable diversity of delicious food including fresh seafood. Shopping Centers, Banks, Grocery Stores, Local Small Shops, Walmart Supercenter, there is everything around. You got to love being so close to the cleanest white sand beach that makes you feel like you are somewhere tropical.
Cant forget about the Second World, Connecticut. The beaches on the CT side are just as beautiful with sights to see. New London, the Nearest city, also full of life and things to do. Foxwoods Resort & Casino is 15 mins away housing a Full size Mall that feels like you are on a vacation, Mohegan Sun Resort is 30 mins away also housing a Mall, a Park and other amenities. Mystic Aquarium 20 mins away with lots of shopping areas, restaurants and hotels. Everything you need is around, which makes this a perfect location for what ever you intend this investment to be.
- 12 days |
- 2,365 |
- 50 |
Listed by:
Property Owner (508) 263-0256
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Oil
Interior area
- Total interior livable area: 1,440 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 0.52 Acres
Details
- Parcel number: WESTM36B12
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Conventional
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1869
Community & HOA
Location
- Region: Westerly
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $233,400
- Annual tax amount: $1,816
- Date on market: 1/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,486/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2026 | Listed for sale | $385,000+42.6%$267/sqft |
Source: Owner Report a problem | ||
| 9/28/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/15/2025 | Price change | $270,000+17.4%$188/sqft |
Source: | ||
| 7/2/2025 | Listed for sale | $230,000+27.8%$160/sqft |
Source: | ||
| 6/13/2025 | Sold | $180,000-28%$125/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,816 +3% | $233,400 +38.4% |
| 2024 | $1,763 +3.5% | $168,700 |
| 2023 | $1,704 | $168,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,229/mo
Principal & interest
$1802
Property taxes
$292
Home insurance
$135
Climate risks
Neighborhood: 02891
Nearby schools
GreatSchools rating
- 6/10Springbrook Elementary SchoolGrades: K-4Distance: 0.7 mi
- 6/10Westerly Middle SchoolGrades: 5-8Distance: 3.9 mi
- 6/10Westerly High SchoolGrades: 9-12Distance: 1.4 mi
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