498 Naugatuck Avenue #C
Milford, Connecticut 06460
- Beds
- 2
- Baths
- 1 | 1
- SqFt
- 898
- Year Built
- 1989
- Neighborhood
- Devon
- Property Type
- Condo
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Investor opportunity! This well-maintained 2-bedroom, 1.5-bath townhouse-style condominium is ideally located on the outskirts of Devon, just minutes from shopping, restaurants, and beautiful Walnut Beach. The home has been thoughtfully updated with an eat-in kitchen featuring granite countertops, soft-close cabinetry, and stainless steel appliances. Sliding glass doors lead to a private patio, creating an inviting outdoor space for tenants to enjoy. The updated half bath on the main level and renovated full bath upstairs add to the home's appeal, while the partially finished basement offers approximately 400 square feet of additional living space along with a dedicated laundry area. Currently tenant-occupied by outstanding tenants with a lease in place till next year, this property offers immediate rental income and a seamless investment opportunity. With its desirable location, modern updates, and strong rental appeal, this is an excellent addition to any investment portfolio.
Key Facts
- City/Town
- Milford
- Neighborhood
- Devon
- Property / Style
- Condo · Townhouse
- Year Built
- 1989
- Days on Market
- 114 days
- Beds
- 2
- Baths
- 1 full · 1 half
- Living Area
- 898 sq ft
- Garage / Parking
- 1 total
- Property Taxes
- $3,613 / Annually
- HOA Fee
- $325 / Monthly
Market Snapshot
The Milford Market
Condo · trailing 12 months
Active Listings
28
31 under contract
Median List Price
$370,000
28 active listings
Median Closed Price
$332,050
166 sales
Median Days on Market
30
28 active listings
Median $ / Sq Ft
$328
28 active listings
Sale-to-List Ratio
100.0%
166 sales
How this home compares
List Price
$299,000
vs $370,000 median
19.2% below median
Price / Sq Ft
$333
vs $328 median
In line with median
Days on Market
114 days
vs 30 days median
84 days longer than median
Based on 28 active and 166 closed sales (trailing 12 mo) of condo in Milford. Source: SmartMLS · As of November 9, 2026.
Location
498 Naugatuck Avenue #C, Milford, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Nov 5, 2026per month
- Principal & Interest$1,620
- Property Taxes$301
- Insurance$100
- HOA$325
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Milford
- Neighborhood
- Devon
- County
- New Haven
Residence
- Property Type
- Condo
- Subtype
- Condominium
- Style
- Townhouse
- Year Built
- 1989
- New Construction
- No/Resale
- Living Area
- 898 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Wall Unit
- Laundry
- Lower Level
- Laundry Location
- Basement
- Appliances
- Oven/RangeRefrigeratorDishwasherWasherDryer
- Basement
- FullFully Finished
- Interior Features
- Cable - Pre-wired
- Additional Rooms
- Bonus Room
Exterior & Lot
- Zoning
- CDD2
- Garage / Parking
- 1 total parking spacePavedOff Street Parking
- Waterfront
- Direct waterfront
- Waterfront Details
- Walk to WaterBeach RightsHarbor
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Construction
- Vinyl Siding
- Color
- White
- Lot Description
- Level Lot
HOA / Association
- Fee
- $325 / Monthly
Listing & Financials
- Property Taxes
- $3,613 / Annually
- Days on Market
- 114
- MLS #
- 24191969
- MLS Status
- Under Contract
- Financing
- FHA,VA,CHFA
Similar Properties
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Co-Listed By
Nikki Dutille
Berkshire Hathaway NE Prop.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 11/9/2026. 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 11/9/2026 at 9:01 AM UTC.