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$240,000

3940 Post Road UNIT 7
Warwick, RI 02886
Listed by The Janikies Group
Bedrooms
1
Bathrooms
1
Living area
624 sqft
Year built
1970

About this home

Welcome to Ocean 40 Condominiums, a waterfront community nestled along the shores of Narragansett Bay. This one bedroom condo offers comfortable living with stunning views of Greenwich Bay. Inside you'll find a bright and open floor plan featuring a kitchen, living room, bedroom and bathroom. Sliding glass doors lead to a private balcony, providing the perfect spot to relax and enjoy the coastal breeze and water views. Residents enjoy assigned parking, professional management, and a low monthly condominium fee that includes heat and hot water. Ideally located just steps from the waterfront, marinas, and local restaurants, this home is also only minutes from Main Street in East Greenwich, renowned for its charming boutiques, vibrant dining scene, and coastal New England character. Whether you're seeking a year-round residence, a weekend retreat, or an investment opportunity, this affordable property offers exceptional value in one of Rhode Island's most desirable locations. Some photos have been virtually staged.

Property details

MLS
Rhode Island Association of REALTORS
MLS #
1414841
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
10
On market date
June 9, 2026
Stories
1
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Cedar Hill School
0.68 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
332
Student:teacher ratio
15.1:1
District
Warwick
Middle
Archie R. Cole MS
2.29 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
607
Student:teacher ratio
12.1:1
District
East Greenwich
High
Toll Gate High School
2.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,220
Student:teacher ratio
12.8:1
District
Warwick

Walkability

Blended score for Warwick's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
16.7 / 20 -- Most walkable
Google Places amenity density
45 / 100
Restaurants & cafes4
Grocery stores0
Parks1
Schools3
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Warwick, from live MLS data.

On the market 10 days -- 31 fewer days than Warwick's current average of 41 days.
For reference, the median list price across 586 active listings in Warwick right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,595/mo
$48,000 down
$192,000 loan
Principal & interest$1,245
Property tax (est.)$200
Home insurance (est.)$150

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Data source: Listing information provided by Rhode Island Association of REALTORS via Trestle/CoreLogic. Last updated June 20, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.