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123 Asylum Street

Norwich, Connecticut 06360

PENDING$290,000
Beds
3
Baths
2
SqFt
1,206
Acres
0.22
Year Built
1949
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to 123 Asylum Street in Norwich, a bright and charming Cape-style home that is cute as can be and ready for its next owner to enjoy. Whether you are buying your first home, looking to downsize, or simply want a comfortable home that has been well cared for, this one is a wonderful fit. From the moment you step inside, you'll notice the warm natural light, beautiful hardwood floors, and inviting feel throughout. The kitchen is neat, functional, and nicely updated with newer cabinetry, a new gas stove, and a new refrigerator. This home has been thoughtfully improved with many important updates already completed, including new HVAC mini splits for heating and cooling, an upgraded 220 electrical panel, new electrical wiring in the kitchen and basement, new GFI outlets throughout, a new primary bedroom ceiling, added cabinetry in the laundry area, thermopane windows, a high-efficiency gas boiler, and a smart hot water heater. The heated, partially finished basement adds flexible bonus space for a cozy family room, home office, craft area, workout space, hobby room, or extra storage, plus a small workshop area that is perfect for tools, projects, or tinkering. Outside, the flat yard is easy to maintain and offers space to relax, garden, play, or enjoy the outdoors. There is also a nice covered side porch, perfect for relaxing and enjoying a quiet moment outside. Off-street parking adds everyday convenience.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Single Family · Cape Cod
Year Built
1949
Days on Market
81 days
Beds
3
Baths
2 full
Living Area
1,206 sq ft
Lot Size
0.22 acres
Property Taxes
$5,368 / Annually

Market Snapshot

The Norwich Market

Single Family · trailing 12 months

Median Days on Market

45

57 active listings

Median $ / Sq Ft

$203

57 active listings

Sale-to-List Ratio

100.0%

357 sales

How this home compares

List Price

$290,000

vs $349,900 median

17.1% below median

Price / Sq Ft

$240

vs $203 median

18.2% above median

Days on Market

81 days

vs 45 days median

36 days longer than median

Based on 57 active and 357 closed sales (trailing 12 mo) of single family in Norwich. Source: SmartMLS · As of July 28, 2026.

Location

123 Asylum Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,023

per month

  • Principal & Interest$1,479
  • Property Taxes$447
  • Insurance$97
  • HOA$0

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

Location

City/Town
Norwich
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Cape Cod
Year Built
1949
New Construction
No/Resale
Living Area
1,206 sq ft

Schools

Elementary
John B. Stanton
Middle
Per Board of Ed
High
Norwich Free Academy

Interior

Heating
BaseboardHot Water
Heat Fuel
Natural Gas
Cooling
Split System
Laundry
Lower Level
Laundry Location
Basement
Appliances
Gas RangeMicrowaveRefrigeratorDishwasherWasherDryer
Basement
FullHeatedPartially FinishedConcrete FloorFull With Hatchway

Exterior & Lot

Lot Size
0.22 acres
Zoning
R20
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer In Street
Construction
Aluminum
Color
tan
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
SidewalkShedPorch
Lot Description
Lightly WoodedLevel Lot

Listing & Financials

Property Taxes
$5,368 / Annually
Days on Market
81
MLS #
24173605
MLS Status
Under Contract - Continue to Show
Financing
FHA,VA,USDA

Similar Properties

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

Listed By

Lisa Gookin

(860) 230-4869

CR Premier Properties

(860) 315-9070

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 6:01 AM UTC.