488 School Street
Putnam, Connecticut 06260
- Beds
- 3
- Baths
- 1 | 1
- SqFt
- 1,154
- Acres
- 0.41
- Year Built
- 1930
- Neighborhood
- Special Service District
- Property Type
- Single Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Opportunity awaits at 488 School Street in Putnam! Built in 1930, this home offers 6 rooms, including 3 bedrooms and 1.5 baths, set on a .41-acre lot. Features include a detached one-car garage, full unfinished basement, mudroom, and a woodstove that can provide an alternative heat source and help offset today's high heating costs. While the home is dated and would benefit from cosmetic updates, it remains livable and move-in ready, offering buyers the chance to make improvements over time and add their own personal touches. The exterior has areas of peeling paint that will need attention and may limit financing options, so buyers should consult with their lender regarding property condition requirements. Whether you're looking for your first home, a renovation project, or an opportunity to build equity, this property offers potential in a convenient Putnam location. Bring your ideas and explore the possibilities! Being Sold in "AS-IS" condition.
Key Facts
- City/Town
- Putnam
- Neighborhood
- Special Service District
- Property / Style
- Single Family · Cape Cod
- Year Built
- 1930
- Days on Market
- 0 days
- Beds
- 3
- Baths
- 1 full · 1 half
- Living Area
- 1,154 sq ft
- Lot Size
- 0.41 acres
- Garage / Parking
- 1 garage · 3 total
- Property Taxes
- $3,022 / Annually
Market Snapshot
The Putnam Market
Single Family · trailing 12 months
Active Listings
12
18 under contract
Median List Price
$402,450
12 active listings
Median Closed Price
$359,000
89 sales
Median Days on Market
20
12 active listings
Median $ / Sq Ft
$241
12 active listings
Sale-to-List Ratio
101.1%
89 sales
How this home compares
List Price
$270,000
vs $402,450 median
32.9% below median
Price / Sq Ft
$234
vs $241 median
In line with median
Days on Market
0 days
vs 20 days median
20 days fresher than median
Based on 12 active and 89 closed sales (trailing 12 mo) of single family in Putnam. Source: SmartMLS · As of October 9, 2026.
Location
488 School Street, Putnam, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$1,496
- Property Taxes$252
- Insurance$90
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Putnam
- Neighborhood
- Special Service District
- County
- Windham
Residence
- Property Type
- Single Family
- Style
- Cape Cod
- Year Built
- 1930
- New Construction
- No/Resale
- Living Area
- 1,154 sq ft
Schools
- Elementary
- Putnam
- Middle
- Per Board of Ed
- High
- Putnam
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- None
- Laundry Location
- First Floor
- Appliances
- Electric RangeRange HoodRefrigeratorDishwasher
- Basement
- FullFull With Hatchway
Exterior & Lot
- Lot Size
- 0.41 acres
- Zoning
- HC
- Garage / Parking
- 1 garage space3 total parking spacesDetached GarageDrivewaySharedCrushed StoneDirt
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- ShingleWood
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $3,022 / Annually
- Days on Market
- 0
- MLS #
- 24213143
- MLS Status
- Active
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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 10/9/2026. 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 10/9/2026 at 4:10 AM UTC.