138 Bank Street - New London, CT

$2,800

Beds

2.00

Baths

896

SqFt

0.11

Acres

Pricing Insight: Originally listed for $3,400, the price was last adjusted to $2,800 on July 23, 2026, a –$600 (17.6%) change, approximately 0 days ago. This property has been on the market for approximately 93 days.

138 Bank Street, New London, CT is a 2-bed, 2-bath, 896 square foot home built in 1845 , featuring colonial architecture.

This home is within the New London school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24168994

Offered Price: $2,800

Residence Type: Residential Rental

Architectural Style: Colonial

Living Area: 896 Sq. Ft.

Lot Size: 0.11 Acres

Neighborhood: N/A

County: New London

Year Built: 1845

Design & Construction: N/A

Heating: Hot Water

Cooling: Wall Unit

Garage Spaces: 0

Price per Sq Ft as listed: $3

Estimated Tax: $0

Days on Market: 92

$2,600

2 Beds · 1 Baths · 760 Sq Ft

138 Bank Street, New London

$1,995

2 Beds · 1 Baths · 1,000 Sq Ft

187 Bank Street, New London

$1,395

0 Beds · 1 Baths · 320 Sq Ft

209 Bank Street, New London

$1,700

1 Beds · 1 Baths · 6,715 Sq Ft

207 Bank Street, New London

$2,200

2 Beds · 1 Baths · 1,000 Sq Ft

215 Bank Street, New London

$1,700

1 Beds · 1 Baths · 1,000 Sq Ft

215-219 Bank Street, New London

Home Automation: Not specified

Energy Features: Energy Star Rated

Solar Contract: Not specified

Heating Fuel: Electric

Fuel Type: Hot Water

Fuel Tank Location: Not specified

Cooling System: Wall Unit

Hot Water System: Electric, Upright Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $3 / Sq. Ft.

Tax assessed value: $0

Estimated Tax: $0

Architectural Style: Colonial

Design & Construction: N/A

Residence Type: Residential Rental

Year Constructed: 1845

Living Area: 896 Sq. Ft.

Lot Size: 0.11 Acres

Fuel: Electric

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in New London
Statistical modeling algorithms

Local Market Context

Active Listings: 57

Average Price: $151,806

Average DOM: 92 days

Complimentary CMAs, no obligation

PARKING INCLUDED. Waterfront Deck. Primary bedroom with private bathroom. Second bedroom hardwood floors and nearby full bath open kitchen living room views of river .Historic Charm Meets Riverfront Luxury. This meticulously remodeled rare find 2 Bedroom 2 Bathroom apartment offer a blend of architectural heritage and sophistication.Designed for city living with outside entertainment deck space for each of the 4 units overlooking the Thames River and city views . The open kitchen has stainless appliances granite counters in a bright and airy living area. IN UNIT LAUNDRY.Private Parking Included walking distance to restaurants , theater ,train , Ferry , and waterfront walkway.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 0.1 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

57

Homes For Sale

$151,806

Average List Price

Mechanicals & Utilities: Hot Water • Electric • Wall Unit • Public Water Connected water

Exterior Features

Exterior Construction: Clapboard

Garage: Paved,Parking Lot,Off Street Parking

Parking: 1 Total

Patio/Deck: Deck

Utilities: Water: Public Water Connected

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Steve Simos

Real Estate Advisor

New London • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(203) 915-6183

george@appzentric.com

Good morning Steve, I'm interested in
138 Bank Street, New London, Connecticut

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