This property was under contract a d came back on the market. I showed it three time last week after it came back on. It was totally re-modeled inside and out. They did a great job. The layout is a bit small and disjunctive, becaue the stairs for the second floor are right in the middle of the home. The wide plank pine boards are a great touch to the overall style. It is waterfront, but the tide has to be really high. At low tide it's more of a mud flat. the surrounding homes range in price from as high as $450,000, most would be in the $250,000-$350,000 range. A great little pocket of Connimicut.
I ran the flood insurance quote for my clients, and it came in around $1400 a year depending on wht the lender reqiures ffor the deductible.
The house is on town sewers and town water too, which is a big plus on the water.
Good luck in your search.
Mark McHugh 401-641-3842