17 days on rocket

116 S Ave, New Canaan, CT, 06840

$2,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 2 Partial
4,379 SqFt
$548/SqFt
Multi
Schools Nearby

Location

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116 S Ave, New Canaan$2,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached Garage, Under House Garage, Paved, Off Street Parking, Driveway
Attached Garage2 spaces
Year Built1930
HeatingBaseboard, Hot Water
CoolingCentral Air, Split System, Window Unit(s)
BasementYes
MLS #24009857
Lot Size0.57 Acres
StatusActive

About 116 S Ave

Welcome to a rare investment opportunity that epitomizes the essence of prime real estate. Nestled in the heart of New Canaan, this property presents a unique blend of residential and commercial spaces, making it a truly exceptional find. Comprising three residential apartments and a generously proportioned medical office, this property offers a versatile layout that caters to both personal and professional needs. Each apartment in (building one) offers one bedroom, while the standalone (building 2) features two bedrooms and a two-car garage, along with more than ample parking. Positioned in a coveted location, convenience is at your doorstep. Immerse yourself in the vibrant culture of New Canaan, where the acclaimed new world-class Library, renowned restaurants, and eclectic boutiques, await your exploration. With excellent schools and seamless Metro-North access to New York City just a stroll away.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 4,379 SqFt

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (203) 966-3555
  • Listing Agent: Laura Danforth

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Gutters, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Under House Garage, Paved, Off Street Parking, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Central Air, Split System, Window Unit(s)

School Info

Assigned Schools Information:

  • New Canaan High School, Public District Grades 9-12
  • Saxe Middle School, Public District Grades 5-8
  • South School, Public District Grades KG-4

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,000
  • Price Per SqFt: $548/SqFt

Tax Information:

  • Annual Amount: $12,889
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Canaan, CT.

Med. Sold Price

$1.8M

Med. Price/SqFt

$478

Avg. Days On Market

77

# of Sold Homes

17

116 S Ave vs New Canaan

17 DAYS ON ROCKET

-60 Days

$2,399,000

+$595.6K More

$548/SqFt

+$70 More

KEY TAKEAWAY

This property is $595.6K more than the Median Sold Price and $70/SqFt more than other homes in New Canaan, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009857

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (203) 966-3555
  • Listing Agent: Laura Danforth

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 1993Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,889$709,730
2020$12,889$709,730
2019$12,945$709,730
2018$13,927$790,930
2017$13,674$790,930

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,259

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3394075
9
/10
  • South School

  • 8 Farm Rd

  • 0.80 miles

  • Public District Grades KG-4

Middle School

school-card-donut-3394076
9
/10
  • Saxe Middle School

  • 468 South Ave

  • 0.93 miles

  • Public District Grades 5-8

High School

school-card-donut-3394077
9
/10
  • New Canaan High School

  • 11 Farm Rd

  • 1.00 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $146,364. Residents of New Canaan, CT typically earn $200k+ each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutFairfield CountyNew Canaan06840116 S Ave

This home is located at 116 S Ave in New Canaan, CT and zip code 06840. This 4,379 square foot home, which was built in 1930, sits on a 0.57 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $2,399,000.

In March 2024, from all listings sold in New Canaan, CT there were more than 9 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. Between February 2024 and March 2024, New Canaan, CT real estate market has seen increase in the number of listings by 17.4%. While the average time on the market in March 2024 was 77 days, the median list price was $1,803,350.

From Rocket Homes Real Estate and based on county public records data.

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