2 months on rocket

20 Tilley St, New London, CT, 06320

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,076 SqFt
$209/SqFt
Multi
Schools Nearby

Location

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20 Tilley St, New London$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built1873
HeatingSteam
CoolingNone
BasementYes
MLS #170622291
Lot Size0.14 Acres
StatusActive

About 20 Tilley St

Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS #170620574.

Property Details

Property Features

Property Information:

  • Year Built: 1873
  • Living Area: 4,076 SqFt

Listing Office:

  • Office Name: US Properties
  • Office Phone: (860) 437-0101
  • Listing Agent: Constance Howard

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $209/SqFt

Tax Information:

  • Annual Amount: $7,830
  • Tax Year: 2021
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Housing Market Comparison

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

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New London, CT

City

Med. Sold Price

$265K

Med. Price/SqFt

$167

# of Sold Homes

18

20 Tilley St vs New London

86 DAYS ON ROCKET

$850,000

+$585K More

$209/SqFt

+$41 More

KEY TAKEAWAY

This property is $585K more than the Median Sold Price and $41/SqFt more than other homes in New London, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170622291

Listing Office:

  • Office Name: US Properties
  • Office Phone: (860) 437-0101
  • Listing Agent: Constance Howard

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: 4/27/2024, 7:25:19 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

Dec 30, 2011Home Sold
$120,000
Aug 19, 2005Home Sold
$255,000
Jun 14, 2005Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,830$200,000
2020$7,878$200,000
2019$9,667$235,200
2018$9,672$214,270
2017$9,400$212,380

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Nearby Schools

school-card-donut-1550968
4
/10

  • Multicultural Magnet School

  • 1 Bulkeley Pl

  • 0.49 miles

  • Public Magnet Grades KG-5

school-card-donut-1550969
2
/10

  • Jennings School

  • 50 Mercer St

  • 0.50 miles

  • Public Magnet Grades PK-5

school-card-donut-1550970
3
/10

  • Winthrop Elementary Magnet STEM School

  • 74 Grove St

  • 1.14 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,686. Typical income of New London, CT residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New London County›New London›06320›20 Tilley St

This home is located at 20 Tilley St in New London, CT and zip code 06320. This 4,076 square foot home, which was built in 1873, sits on a 0.14 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $850,000.

In March 2024, from all listings sold in New London, CT there were more than 10 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of listings in New London, CT increased by 3.6% between February 2024 and March 2024.

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

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