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Off market
  • $399,000

    38 Wausau Pl, New London, CT 06320

    6beds
    1,910sqft
    MultiFamily
    Built in 2020
    -- sqft lot
    $399,000 Zestimate®
    $209/sqft
    $2,584 Estimated rent

    Home value

    $399,000

    $375,000 - $423,000

    $2,584/mo

    Zestimate® history
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    What's special

    Extremely well built reconstruction offers steady income for the smart investor (annual NOI approx. $28,298) or owner occupant who could use a steady $1500/mo. rental income to help live in a newly constructed modern home. This home was stripped to the foundation. All flooring, insulation, electrical, plumbing, heating, on-demand hot water, central air conditioning, roof, windows, stairs, decks and balcony are NEW. Each apartment has a beautiful bathroom and laundry machine hookups. Kitchens are open to the living room and have ample cabinets with attractive counter tops, Apartment A has a separate office area. Apartment B has a private balcony facing the Thames river. This rebuild complete, ready for occupancy and has appraised at $240,000. Check out the photos and schedule an appointment to see it today.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Laundry: All Units Have Hook-Ups
    Features
    • Windows: Thermopane Windows
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,910 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 4,791 sqft
    • Features: Secluded
    Details
    • Parcel number: NLONMF13B0152L0030
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Torn Down & Rebuilt
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected
    Green energy
    • Energy efficient items: Roof

    Community & neighborhood

    Location
    • Region: New London

    HOA & financial

    Other financial information
    • Total actual rent: 229000

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Forced Air, Natural Gas
    • NewConstructionYN: true
    • Roof: Asphalt
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • PatioAndPorchFeatures: Deck
    • Basement: Full, Full With Hatchway
    • Zoning: R-2
    • ConstructionMaterials: Frame, Vinyl Siding
    • CurrentFinancing: Conventional
    • NumberOfUnitsInCommunity: 2
    • ExteriorFeatures: Balcony
    • GreenEnergyEfficient: Roof
    • YearBuiltSource: Owner
    • FoundationDetails: Stone, Concrete
    • Cooling: Central Air
    • GrossIncome: 33600
    • ParkingFeatures: Paved, Parking Lot
    • LotFeatures: Secluded
    • WindowFeatures: Thermopane Windows
    • OperatingExpense: 4710
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 229000.00
    • ArchitecturalStyle: Units on different Floors
    • LaundryFeatures: All Units Have Hook-Ups
    • PropertyCondition: Torn Down & Rebuilt
    • MlsStatus: Show
    • NetOperatingIncome: 28890

    Price history

    DateEventPrice
    9/20/2021Sold$263,000-5.7%$138/sqft
    Source: Smart MLS #170408971 Report a problem
    8/5/2021Contingent$279,000$146/sqft
    Source: Smart MLS #170408971 Report a problem
    7/1/2021Price change$279,000-3.5%$146/sqft
    Source: Smart MLS #170408971 Report a problem
    6/10/2021Listed for sale$289,000+25.7%$151/sqft
    Source: Smart MLS #170408971 Report a problem
    7/10/2020Sold$230,000+0.4%$120/sqft
    Source: Smart MLS #170281845 Report a problem
    5/24/2020Pending sale$229,000$120/sqft
    Source: Signature Properties of NewEg #170281845 Report a problem
    5/10/2020Listed for sale$229,000+281.7%$120/sqft
    Source: Signature Properties of NewEg #170281845 Report a problem
    1/31/2020Sold$60,000+33.3%$31/sqft
    Source: Public Record Report a problem
    11/26/2019Sold$45,000+76.5%$24/sqft
    Source: Public Record Report a problem
    3/30/2016Sold$25,500+2%$13/sqft
    Source: Smart MLS #E10098123 Report a problem
    1/25/2016Pending sale$25,000$13/sqft
    Source: William Raveis Real Estate #E10098123 Report a problem
    12/24/2015Listed for sale$25,000$13/sqft
    Source: William Raveis Real Estate #E10098123 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,784 -1.1%$169,700
    2024$4,836 +14.7%$169,700 +54.7%
    2023$4,215 -0.1%$109,690
    2022$4,219 +4.5%$109,690 +6.3%
    2021$4,039 +68.2%$103,180 +69.2%
    2020$2,402 -4.2%$60,970
    2019$2,506 +3%$60,970 +13.1%
    2018$2,433 +2%$53,900
    2017$2,386 +2.4%$53,900 -3.3%
    2016$2,331 +6%$55,720
    2015$2,200 +15.2%$55,720
    2014$1,910 -14%$55,720 -31%
    2013$2,220 +8.7%$80,710
    2012$2,043 $80,710
    2011$2,043 $80,710
    2010$2,043 -0.7%$80,710
    2009$2,057 -9.4%$80,710 +9.8%
    2008$2,270 +1.4%$73,500
    2007$2,238 +1.7%$73,500
    2006$2,200 +4.6%$73,500
    2005$2,103 +7.4%$73,500
    2004$1,959 -27.5%$73,500 -3.7%
    2003$2,701 +77.7%$76,300 +65.7%
    2001$1,520 $46,060

    Find assessor info on the county website

    Neighborhood: 06320

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: New London

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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