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37 Richard Street

New Britain, Connecticut 06053

ACTIVE$74,925
Beds
0
Baths
0
SqFt
Acres
0.14
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Seller financing available. Seller can also build for you. Rare opportunity to build in a desirable, well-established neighborhood. This residential lot comes approved for a two-family home, excellent potential for owner-occupants, investors, or developers seeking a smart long-term asset. Ideally situated in a highly convenient location, the property is close to shopping, dining, schools, public transportation, and other everyday amenities, making it attractive to future tenants or homeowners alike. Surrounded by residential properties and supported by strong local demand, this parcel offers flexibility and long-term value. Whether you're looking to create a multi-generational residence or generate rental income, this property presents a compelling opportunity in a sought-after area. Opportunities like this are increasingly rare-bring your plans and take advantage of a property with approvals already in place.

Key Facts

City/Town
New Britain
Neighborhood
N/A
Property Type
Land
Days on Market
228 days
Beds
0
Baths
0 baths
Lot Size
0.14 acres
Property Taxes
$1,714 / Annually

Market Snapshot

The New Britain Market

Land · trailing 12 months

Median Days on Market

162

6 active listings

Median $ / Sq Ft

--

6 active listings

Sale-to-List Ratio

99.1%

5 sales

How this home compares

List Price

$74,925

vs $84,913 median

11.8% below median

Price / Sq Ft

--

Median unavailable

Limited comparable data

Days on Market

228 days

vs 162 days median

66 days longer than median

Based on 6 active and 5 closed sales (trailing 12 mo) of land in New Britain. Source: SmartMLS · As of July 28, 2026.

Location

37 Richard Street, New Britain, Connecticut

Property + 7 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$550

per month

  • Principal & Interest$382
  • Property Taxes$143
  • Insurance$25
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
New Britain
Neighborhood
N/A
County
Hartford

Residence

Property Type
Land
Subtype
SingleFamilyResidence

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Exterior & Lot

Lot Size
0.14 acres
Zoning
T
Waterfront Details
Not Applicable
Water Source
Public Water In Street
Sewer
Public Sewer In Street
Lot Description
Level Lot

Listing & Financials

Property Taxes
$1,714 / Annually
Days on Market
228
MLS #
24144679
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Jayson Kemp

(860) 573-0277

Five Stars Realty

(860) 560-1500

Co-Listed By

Maria Pirulli

Five Stars Realty

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:10 AM UTC.