461 Bank Street #302
New London, Connecticut 06320
Reduced from $349,900
- Beds
- 2
- Baths
- 2
- SqFt
- 1,595
- Year Built
- 2010
- Property Type
- Condo

Matt Caiola
Luxury Real Estate Advisor
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About This Home
Welcome to 461 Bank Street, Unit 302-a well-maintained 2-bedroom, 2 full bathroom condominium offering comfort, convenience, and full-service amenities in the heart of New London. This third-floor unit features a bright and functional layout, ideal for both everyday living and entertaining. The spacious living area flows seamlessly into a practical kitchen with ample cabinet space, while both bedrooms offer comfortable proportions, including a primary suite with its own full bathroom. Enjoy a truly low-maintenance lifestyle with access to full amenities, including an in-ground pool, fitness center, private theater room, and secure parking garage-everything you need right at your fingertips. Located in downtown New London, you'll be close to local restaurants, shopping, waterfront attractions, and major employers like Electric Boat. Easy access to highways, train station, and ferry makes commuting simple and convenient. Whether you're looking to own instead of rent, downsize, or add a solid investment to your portfolio, this condo offers exceptional value in a prime and growing location.
Key Facts
- City/Town
- New London
- Neighborhood
- N/A
- Property / Style
- Condo · Apartment,Other
- Year Built
- 2010
- Days on Market
- 95 days
- Beds
- 2
- Baths
- 2 full
- Living Area
- 1,595 sq ft
- Garage / Parking
- 2 garage · 2 total
- Property Taxes
- $4,651 / Annually
- HOA Fee
- $591 / Monthly
Market Snapshot
The New London Market
Condo · trailing 12 months
Active Listings
10
7 under contract
Median List Price
$220,000
10 active listings
Median Closed Price
$215,000
31 sales
Median Days on Market
71
10 active listings
Median $ / Sq Ft
$270
10 active listings
Sale-to-List Ratio
99.2%
31 sales
How this home compares
List Price
$344,900
vs $220,000 median
56.8% above median
Price / Sq Ft
$216
vs $270 median
20.0% below median
Days on Market
95 days
vs 71 days median
24 days longer than median
Based on 10 active and 31 closed sales (trailing 12 mo) of condo in New London. Source: SmartMLS · As of July 28, 2026.
Location
461 Bank Street #302, New London, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,759
- Property Taxes$388
- Insurance$115
- HOA$591
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New London
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Condo
- Subtype
- Condominium
- Style
- Apartment,Other
- Year Built
- 2010
- New Construction
- No/Resale
- Living Area
- 1,595 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Central Air
- Appliances
- Oven/RangeMicrowaveRefrigeratorDishwasherWasherDryer
- Basement
- None
Exterior & Lot
- Zoning
- CBD-1
- Garage / Parking
- 2 garage spaces2 total parking spacesCovered GarageParking GarageOff Street ParkingAssigned ParkingSecurity
- Waterfront Details
- Walk to WaterView
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Pool
- In Ground Pool
- Construction
- Brick
- Lot Description
- City ViewsWater View
HOA / Association
- Fee
- $591 / Monthly
Listing & Financials
- Property Taxes
- $4,651 / Annually
- Days on Market
- 95
- MLS #
- 24169836
- MLS Status
- Active
- Financing
- FHA,VA,CHFA
Similar Properties
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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 7:55 AM UTC.