Conveniently located just off of Interstate 395 is this Meticulously Kept and Fully Updated Building can be used as a Residential Home (with some alterations), a 2 Family Home (with alterations & approval) OR as an Office on 1st level and your choice of either a 1 Bedroom Apartment on 2nd Level or Additional or Separate Private Office Space (live upstairs & run and your business downstairs or use for conference rooms or private space). Most recently used as an insurance company office. There are 10 lined parking spots and 1 handicapped as well as a 2 stall detached garage with 2 spots inside and 2 in front of garage doors. Sellers have updated most everything over the past 15 years.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1940
Living Area: 1,561 SqFt
Listing Office:
Office Name: Priority Real Estate Group,LLC
Office Phone: (860) 591-8000
Listing Agent: Cindy Cingranelli-Tagliaferri
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Detached Garage, Paved, Off Street Parking
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.28 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: Central Air
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $349,900
Price Per SqFt: $224/SqFt
Tax Information:
Annual Amount: $8,186
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Norwich, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,814
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Samuel Huntington School
80 W Town St
Distance between this listing and this school0.24 miles
Public District Grades KG-5
4
/10
John B. Stanton School
386 New London Tpke
Distance between this listing and this school2.11 miles
Public District Grades KG-5
3
/10
Moriarty Magnet School
20 Lawler Ln
Distance between this listing and this school2.43 miles
Public Magnet Grades KG-5
Nearby Schools
3
/10
Kelly Steam Magnet Middle School
25 Mahan Dr
Distance between this listing and this school1.39 miles
Public Magnet Grades 6-8
3
/10
Teachers' Memorial Global Studies Magnet Middle School
15 Teachers Dr
Distance between this listing and this school1.69 miles
Public Magnet Grades 6-8
5
/10
Integrated Day Charter School
68 Thermos Ave
Distance between this listing and this school3.18 miles
Public Charter Grades PK-8
Nearby Schools
7
/10
Norwich Technical High School
7 Mahan Dr
Distance between this listing and this school1.37 miles
Public District Grades 9-12
3
/10
Norwich Free Academy
305 Broadway
Distance between this listing and this school1.55 miles
Public District Grades 9-12
9
/10
Three Rivers Middle College Magnet School
574 New London Tpke
Distance between this listing and this school2.96 miles
The neighbors living near this home have an average income of $96,445. The most common annual income of people living in Norwich, CT is between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 124 W Town St
What is the listing price of this property?
The listing price of 124 W Town St property is $349,900.
What type of property is this?
The property 124 W Town St is a house located in Norwich, Connecticut, 06360.
Is this property for sale now?
Active Listing: 124 W Town St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,186 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 18, 1999 for $109,093. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 124 W Town St has 2 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 124 W Town St is 1,561 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 124 W Town St is 1940.
This home is located at 124 W Town St in Norwich, CT and zip code 06360. This 1,561 square foot home, which was built in 1940, sits on a 0.28 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $349,900.
In December 2024, from all listings sold in Norwich, CT there were more than 23 sold above asking price, over 16 sold below and more than 3 were sold right at the asked price. In December 2024 in Norwich, CT there were 20.4% less homes for sale than in November 2024.
From Rocket Homes Real Estate and based on county public records data.