575 Bank Street - New London, CT

$1,550

Beds

1.00

Baths

17,032

SqFt

0.41

Acres

Pricing Insight: Originally listed for $1,550, the price has remained unchanged for approximately 38 days. This property has been on the market for approximately 38 days.

575 Bank Street, New London, CT is a 2-bed, 1-bath, 17,032 square foot home built in 1919 , featuring apartment architecture. This residence is part of a 19-unit community.

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

MLS #: 24182686

Offered Price: $1,550

Residence Type: Residential Rental

Architectural Style: Apartment

Living Area: 17,032 Sq. Ft.

Lot Size: 0.41 Acres

Neighborhood: N/A

County: New London

Year Built: 1919

Design & Construction: N/A

Heating: Hot Air

Cooling: None

Garage Spaces: 0

Price per Sq Ft as listed: $0

Estimated Tax: $0

Days on Market: 37

$1,325

1 Beds · 1 Baths · 475 Sq Ft

575 Bank Street, New London

$1,250

1 Beds · 1 Baths · 539 Sq Ft

36 Truman Street, New London

$1,820

2 Beds · 2 Baths · 1,131 Sq Ft

28 Reed Street, New London

$344,900

2 Beds · 2 Baths · 1,595 Sq Ft

461 Bank Street, New London

$309,000

1 Beds · 1 Baths · 827 Sq Ft

461 Bank Street, New London

$329,900

2 Beds · 1 Baths · 1,270 Sq Ft

461 Bank Street, New London

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Electric

Fuel Type: Hot Air

Fuel Tank Location: Not specified

Cooling System: None

Hot Water System: No Hot Water

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $0 / Sq. Ft.

Tax assessed value: $0

Estimated Tax: $0

Architectural Style: Apartment

Design & Construction: N/A

Residence Type: Residential Rental

Year Constructed: 1919

Living Area: 17,032 Sq. Ft.

Lot Size: 0.41 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: 56

Average Price: $188,625

Average DOM: 37 days

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2 bedroom apartment located right on Bank St. Prime location. The prime location of this apartment is perfect for individuals working at L&M Hospital, Electric Boat, the Navy Base, Pfizer, Mitchell College, and Conn College, as it is conveniently situated just a 10-15 minute drive away. Train Station is 5 minutes away.

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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 • 0.4 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.

56

Homes For Sale

$188,625

Average List Price

Mechanicals & Utilities: Hot Air • Electric • None • Public Water Connected water

Exterior Features

Exterior Construction: Brick

Utilities: Water: Public Water Connected

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Real Estate Advisor

New London • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

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(800) 555-0001

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Good morning George, I'm interested in
575 Bank Street, New London, Connecticut

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Good morning. Welcome to 575 Bank Street, New London, CT

AUTOMATED VALUATION ESTIMATE

Understanding This Valuation

Local Market Context

Flood Risk Assessment Water Body Detected Nearby

Recommendations:

56

$188,625

Exterior Features