Discover coastal living and proven rental income at 10 Melville Lane. Set within the desirable Eastward Look neighborhood, this spacious Raised Ranch offers 5 bedrooms, 3 full bathrooms, and 1,874sf +/- of comfortable living space. The flexible layout accommodates family, guests, or renters with ease. On the main level, experience a light-filled open floor plan across kitchen, living, and dining space. Down the hall, find 3 generously sized bedrooms, including the primary with ensuite bath. The lower level features 2 additional bedrooms and 1 full bath. Enjoy the upper deck overlooking a spacious, private backyard, perfect for outdoor entertaining. An outdoor shower makes rinsing off sandy feet effortless, and the attached 2 car garage plus ample off-street parking creates convenience and storage. Ideally located walking distance to Scarborough State Beach and neighborhood tennis & basketball courts, this property embraces the Narragansett lifestyle. Generating $64,646 in gross income in 2026 ($28,646 Summer,$36,000 Academic), continue its established rental success or make modern enhancements to unlock even greater return. Capital Improvements: Rheem heating system(2020),replacement roof (2021),and updated vinyl siding. Whether youâre seeking an established year-round rental income generator or a Summer escape by the beach with income that offsets ownership costs, 10 Melville is an opportunity you donât want to miss. *Gross rental income history, 2025:$62,615, 2024:$62,734
| Location | |
|---|---|
| City/Town | Narragansett |
| County | Washington |
| Community Features | Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Interior | |
|---|---|
| Living Area | 1,874 sq. ft. |
| Rooms | 9 |
| Heating | Natural Gas, Baseboard |
| Cooling | None |
| Interior Features | Wall (Dry Wall), Plumbing (Mixed), Insulation (Unknown) |
| Additional Information | |
|---|---|
| Tax Assessment | $711,300 |
| Exterior | |
|---|---|
| Acreage | 0.23 |
| Exterior Features | Deck |
| Waterfront Features | Walk To Water |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
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