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858 Bank Street

New London, Connecticut 06320

ACTIVE - NEW$249,000
Beds
3
Baths
1 | 1
SqFt
1,424
Acres
0.25
Year Built
1893
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to 858 Bank Street in New London! This charming Colonial offers a blend of classic character and comfortable living. Featuring 5 bedrooms, 1.5 bathrooms, and approximately 1,424 square feet of living space, the home offers a welcoming living room, formal dining area, and functional kitchen. Hardwood flooring, a fireplace, and generously sized bedrooms add to its appeal. Set on approximately 0.25 acres with a level yard, the property also features a full unfinished basement, walk-up attic, and off-street parking. Conveniently located near local schools, shopping, restaurants, parks, and public transportation, with easy access to downtown New London and surrounding amenities. A wonderful opportunity to make this home your own!

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Single Family · Other
Year Built
1893
Days on Market
0 days
Beds
3
Baths
1 full · 1 half
Living Area
1,424 sq ft
Lot Size
0.25 acres
Property Taxes
$3,290 / Annually

Market Snapshot

The New London Market

Single Family · trailing 12 months

Median Days on Market

30

19 active listings

Median $ / Sq Ft

$274

19 active listings

Sale-to-List Ratio

101.1%

104 sales

How this home compares

List Price

$249,000

vs $419,900 median

40.7% below median

Price / Sq Ft

$175

vs $274 median

36.1% below median

Days on Market

0 days

vs 30 days median

30 days fresher than median

Based on 19 active and 104 closed sales (trailing 12 mo) of single family in New London. Source: SmartMLS · As of November 11, 2026.

Location

858 Bank Street, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,706

per month

  • Principal & Interest$1,349
  • Property Taxes$274
  • Insurance$83
  • 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
Other
Year Built
1893
New Construction
No/Resale
Living Area
1,424 sq ft

Schools

Elementary
Harbor
High
New London

Interior

Heating
Steam
Heat Fuel
Oil
Cooling
None
Appliances
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.25 acres
Zoning
C-1
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
N/A

Listing & Financials

Property Taxes
$3,290 / Annually
Days on Market
0
MLS #
24219272
MLS Status
Active

Similar Properties

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

Listed By

Thomas Mele

(203) 718-3305

Social & Co Realty

(203) 484-8061

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/11/2026. 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 11/11/2026 at 6:16 PM UTC.