24 days on rocket

40-42 Eastern Ave, New London, CT, 06320

$479,900

Home List Price

$5,699*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,075 SqFt
$231/SqFt
Multi

Location

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40-42 Eastern Ave, New London$479,900

Buyer Closing Credits

$5,699*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached Garage, Paved, Parking Lot, Driveway
Garage1 space
Year Built1890
HeatingBaseboard, Gas
CoolingNone
BasementYes
MLS #24042297
Lot Size0.20 Acres
StatusActive

About 40-42 Eastern Ave

Attention all buyers and investor. Discover this unique 2 family. 2 separate properties on one lot plus an additional extra lot. 1first property a ranch and 2nd property two floor colonial style. Perfect for rental income or multi-generational living. Each property has its own separate utilities, including individual water, gas heating, sewer and electrical meters. Completely renovated from the frame. The 2-floor style unit present 3 bedrooms and 1 1/2-bathroom, full unfinish walkout basement. The ranch style unit present 2 bedrooms 1 Bathroom and half unfinished basement. Both properties boast open floor plans, new plumbing, electrical, gas heating boilers, new roof, new siding, new trex decking, new engineer hardwood floors, new appliances and elegant granite countertops in the bathrooms and kitchens. The properties also have an asphalt/concrete driveway to fit 8+ cars and a 596 ft 1 car garage. Parcel next to the ranch #2002486 will be sold and convey with property for $1. Don't miss this fantastic opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1890
  • Living Area: 2,075 SqFt

Listing Office:

  • Office Name: Leaf Realty Group, LLC
  • Office Phone: (860) 333-1747
  • Listing Agent: Osvaldo Centeno

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Sidewalk, Porch, Deck, Gutters, Lighting, Stone Wall

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached Garage, Paved, Parking Lot, Driveway

Lot Features

Lot Information:

  • Lot: Sloped
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Gas
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,900
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $2,605
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New London, CT.

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New London, CT

City

Med. Sold Price

$278.8K

Med. Price/SqFt

$172

# of Sold Homes

26

40-42 Eastern Ave vs New London

24 DAYS ON ROCKET

$479,900

+$201K More

$231/SqFt

+$59 More

KEY TAKEAWAY

This property is $201K more than the Median Sold Price and $59/SqFt more than other homes in New London, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24042297

Listing Office:

  • Office Name: Leaf Realty Group, LLC
  • Office Phone: (860) 333-1747
  • Listing Agent: Osvaldo Centeno

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2021Home Sold
$67,500
Sep 15, 2014Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,605$68,640
2020$2,621$68,640
2019$2,938$73,640
2018$4,336$99,120
2017$4,406$99,540

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,505

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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.

Nearby Schools

school-card-donut-168612
5
/10

  • Winthrop Elementary Magnet STEM School

  • 74 Grove St

  • 0.34 miles

  • Public Magnet Grades PK-5

school-card-donut-168613
3
/10

  • Multicultural Magnet School

  • 1 Bulkeley Pl

  • 0.52 miles

  • Public Magnet Grades KG-5

school-card-donut-168614
2
/10

  • Jennings School

  • 50 Mercer St

  • 0.79 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,379. Most New London, CT residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New London County›New London›06320›40-42 Eastern Ave

This home is located at 40-42 Eastern Ave in New London, CT and zip code 06320. This 2,075 square foot home, which was built in 1890, sits on a 0.20 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $479,900.

In August 2024 more than 13 listings in New London, CT were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 7 were sold below. Between July 2024 and August 2024, New London, CT real estate market has seen decrease in the number of listings by 1.3%.

From Rocket Homes Real Estate and based on county public records data.

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