Take a look at our blog where we post helpful tips and articles about the world of real estate!
PRIVATE LENDER OF NEW ENGLAND, LLC
18 Lakeview Drive, Narragansett, RI
Remember Pemberton in Jamestown? The borrowers for that property have now moved onto this rehab in Narragansett!
As you know, the most frequent phrase heard when talking real estate consists of just three words: location, location, location. This latest funded property in Narragansett is in a beautiful location and perfect distance from the ocean to be comfortable with mounting concerns about climate change and waterfront properties. "Up and down the eastern seaboard, many home prices near water’s edge aren’t doing as well as homes inland in the same county, a Journal examination found" as stated in WSJ. If you have concerns about a coastal property check out fema.gov.
This property is expected to be on the market by Winter 2020. The estimated value is
$320,000 - $325,000.