373 Jefferson Avenue - New London, CT

$275,000

Beds

1.00

Baths

960

SqFt

0.18

Acres

Pricing Insight: Originally listed for $275,000, the price has remained unchanged for approximately 45 days. This property has been on the market for approximately 45 days.

373 Jefferson Avenue, New London, CT is a 3-bed, 1-bath, 960 square foot home built in 1955 , featuring ranch architecture.

This home is within the New London school district. Local, with nearby schools including Harbor.

MLS #: 24152037

Offered Price: $275,000

Residence Type: Single Family

Architectural Style: Ranch

Living Area: 960 Sq. Ft.

Lot Size: 0.18 Acres

Neighborhood: N/A

County: New London

Year Built: 1955

Design & Construction: Frame

Heating: Hot Air

Cooling: None

Garage Spaces: 0

Price per Sq Ft as listed: $286

Estimated Tax: $3,308

Days on Market: 45

$305,000

3 Beds · 2 Baths · 1,442 Sq Ft

377 Jefferson Avenue, New London

$275,000

3 Beds · 1 Baths · 1,080 Sq Ft

387 Jefferson Avenue, New London

$825,000

3 Beds · 4 Baths · 3,482 Sq Ft

373,377,387 Jefferson Avenue, New London

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Oil

Fuel Type: Hot Air

Fuel Tank Location: In Basement

Cooling System: None

Hot Water System: Electric, 30 Gallon Tank

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $286 / Sq. Ft.

Tax assessed value: $121,600

Estimated Tax: $3,308

Architectural Style: Ranch

Design & Construction: Frame

Residence Type: Single Family

Year Constructed: 1955

Living Area: 960 Sq. Ft.

Lot Size: 0.18 Acres

Fuel: Oil

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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: $215,356

Average DOM: 45 days

Complimentary CMAs, no obligation

Well-maintained and newly renovated 3-bedroom, 1-bath ranch offering immediate income potential. House is inspected regularly and repaired as needed. The property is currently tenant-occupied on a month-to-month lease, providing cash flow from day one with flexibility for future plans. Ideal for investors, the home is part of a 3-property investment package (MLS# 24152039), yet may be purchased individually. Other properties MLS# 24152030 and 24152033. A turnkey opportunity for buyers seeking stable rental income with minimal upfront work.

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Flood Risk Assessment

Location Analysis:

Inland New London location

Water Proximity:

No direct water access

Topography:

Standard terrain • 0.2 acres

Recommendations:

Consult FEMA Flood Maps for accurate zone info
Consider flood insurance based on professional assessment
Evaluate property drainage during inspection
Review local flood history with town officials

Risk Level: Low

Minimal flood risk indicators. Verify with FEMA flood maps.

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

$215,356

Average List Price

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

Exterior Features

Exterior Construction: Shingle,Wood

Roof Type: Asphalt Shingle

Foundation: Concrete

Driveway: Paved

Garage: Driveway

Parking: 2 Total

Pool: Vinyl,Above Ground Pool

Utilities: Water: Public Water Connected

Only motif connects you to a certified
"Local Market Expert"

Steve Simos

Real Estate Advisor

New London • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(800) 555-0003

george@appzentric.com

Good evening Steve, I'm interested in
373 Jefferson Avenue, New London, Connecticut

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