14 days on rocket

50 Lake St, Norwich, CT, 06360

$179,000

Home List Price

$2,126*

Closing Credit

4 Bedrooms
2 Full Baths
1,388 SqFt
$129/SqFt
Multi
Schools Nearby

Location

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50 Lake St, Norwich$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport, Off Street Parking
Garage2 spaces
Year Built1900
HeatingBaseboard
CoolingNone
BasementYes
MLS #24018139
Lot Size0.08 Acres
StatusActive

About 50 Lake St

This property presents a fantastic investment opportunity, with two spacious units, perfect for rental income or multi-generational living. Each unit offers two bedrooms and one bathroom at 694 sq ft each, providing ample space for comfortable living. Additionally, the property features a detached carport, providing convenient and covered parking for residents. Its prime location offers easy access to transportation and other conveniences, making it an attractive option for tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,388 SqFt

Listing Office:

  • Office Name: Compass Connecticut, LLC
  • Office Phone: (860) 572-9099
  • Listing Agent: Jason Pollard

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awnings, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Carport, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Kelly Middle School, Public District Grades 6-8
  • John M. Moriarty School, Public District Grades KG-5

Other

Directions Information:

  • Directions: per GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000
  • Price Per SqFt: $129/SqFt
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Housing Market Comparison

See how this home compares to others in Norwich, CT.

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Norwich, CT

City

Med. Sold Price

$240K

Med. Price/SqFt

$161

# of Sold Homes

41

50 Lake St vs Norwich

14 DAYS ON ROCKET

$179,000

-$61K Less

$129/SqFt

-$32 Less

KEY TAKEAWAY

This property is $61K less than the Median Sold Price and $32/SqFt less than other homes in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24018139

Listing Office:

  • Office Name: Compass Connecticut, LLC
  • Office Phone: (860) 572-9099
  • Listing Agent: Jason Pollard

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: 6/3/2024, 12:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 21, 2018Home Sold
$48,000
Nov 05, 2010Home Sold
$50,000
Jun 24, 2005Home Sold
$155,000
Sep 19, 1988Home Sold
$80,000

History based on county public records data.

Payment Calculator

$961

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

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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-7768796
3
/10

  • John M. Moriarty School

  • 20 Lawler Ln

  • 2.85 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7768797
3
/10

  • Kelly Middle School

  • 25 Mahan Dr

  • 1.31 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,796. Residents of Norwich, CT typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New London County›Norwich›06360›50 Lake St

This home is located at 50 Lake St in Norwich, CT and zip code 06360. This 1,388 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 19, 2024 and is currently priced at $179,000.

Norwich, CT housing market in May 2024 saw over 30 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. The inventory of homes for sale in Norwich, CT between April 2024 and May 2024 decreased by 2.1%.

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

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