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387 Jefferson Avenue

New London, Connecticut 06320

ACTIVE - NEW$240,000
Beds
4
Baths
1
SqFt
1,080
Acres
0.16
Year Built
1950
Matt Caiola

Matt Caiola

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1-Car Garage

About This Home

Investor alert. Single family home or rental investment property currently tenant occupied.

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Single Family · Ranch
Year Built
1950
Days on Market
0 days
Beds
4
Baths
1 full
Living Area
1,080 sq ft
Lot Size
0.16 acres
Garage / Parking
1 garage · 3 total
Property Taxes
$3,379 / Annually

Market Snapshot

The New London Market

Single Family · trailing 12 months

Median Days on Market

25

17 active listings

Median $ / Sq Ft

$248

17 active listings

Sale-to-List Ratio

100.6%

115 sales

How this home compares

List Price

$240,000

vs $389,900 median

38.4% below median

Price / Sq Ft

$222

vs $248 median

10.5% below median

Days on Market

0 days

vs 25 days median

25 days fresher than median

Based on 17 active and 115 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of September 2, 2026.

Location

387 Jefferson Avenue, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,596

per month

  • Principal & Interest$1,234
  • Property Taxes$282
  • Insurance$80
  • HOA$0

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
Single Family
Style
Ranch
Year Built
1950
New Construction
No/Resale
Living Area
1,080 sq ft

Schools

Elementary
Per Board of Ed
High
New London

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
None
Appliances
Oven/RangeRefrigerator
Basement
Full
In-Law Apartment
No

Exterior & Lot

Lot Size
0.16 acres
Zoning
R-1A
Garage / Parking
1 garage space3 total parking spacesUnder House GarageOff Street Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Stucco
Color
Beige
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Rolling

Listing & Financials

Property Taxes
$3,379 / Annually
Days on Market
0
MLS #
24203870
MLS Status
Active

Similar Properties

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

Listed By

Cathy Gonyo

(860) 625-5999

RE/MAX Legends

(860) 451-8000

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/2/2026. 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 9/2/2026 at 4:10 PM UTC.