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115 Groveland Avenue #7

Putnam, Connecticut 06260

ACTIVE$399,900
Beds
2
Baths
1 | 1
SqFt
1,232
Year Built
2006
Matt Caiola

Matt Caiola

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About This Home

Development Opportunity! This is not simply a townhouse offering-it is a fully approved condominium development package on a private lot with views. The sale includes existing Townhouse Unit #7 with an attached garage, together with the associated land and development rights for eight additional units to be built. Fully engineered plans are available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer are available, condominium documents are recorded, and unit building plans are available. The existing townhouse provides immediate value while offering the opportunity to move forward with the remaining approved units-ideal for a developer or investor seeking a lower entry point with significant future upside. This is an opportunity to own and develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

Key Facts

City/Town
Putnam
Neighborhood
N/A
Property / Style
Condo · Townhouse
Year Built
2006
Days on Market
44 days
Beds
2
Baths
1 full · 1 half
Living Area
1,232 sq ft
Garage / Parking
1 garage
Property Taxes
$3,437 / Annually
HOA Fee
$91 / Monthly

Market Snapshot

The Putnam Market

Condo · trailing 12 months

Median Days on Market

84

4 active listings

Median $ / Sq Ft

$216

4 active listings

Sale-to-List Ratio

98.5%

17 sales

How this home compares

List Price

$399,900

vs $364,900 median

9.6% above median

Price / Sq Ft

$325

vs $216 median

50.5% above median

Days on Market

44 days

vs 84 days median

40 days fresher than median

Based on 4 active and 17 closed sales (trailing 12 mo) of condo in Putnam. Source: SmartMLS · As of July 29, 2026.

Location

115 Groveland Avenue #7, Putnam, Connecticut

Property + 6 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,549

per month

  • Principal & Interest$2,039
  • Property Taxes$286
  • Insurance$133
  • HOA$91

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

Location

City/Town
Putnam
Neighborhood
N/A
County
Windham

Residence

Property Type
Condo
Subtype
Condominium
Style
Townhouse
Year Built
2006
New Construction
No/Resale
Living Area
1,232 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
BaseboardHot AirZoned
Heat Fuel
Propane
Cooling
None
Fireplaces
1
Appliances
Cook TopRefrigeratorDishwasher
Basement
FullUnfinishedConcrete Floor

Exterior & Lot

Zoning
RES
Garage / Parking
1 garage spaceUnder House Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Lot Description
Lightly Wooded

HOA / Association

Fee
$91 / Monthly

Listing & Financials

Property Taxes
$3,437 / Annually
Days on Market
44
MLS #
24184055
MLS Status
Active

Similar Properties

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

Listed By

Jennie Kesselman

(860) 576-3696

Berkshire Hathaway NE Prop.

(860) 633-3674

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

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. 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 7/29/2026 at 11:05 AM UTC.