#24066675, Erin Pepas, Listing office: RE/MAX on the Bay

114 Prospect St Norwich, CT 06360
Property details
About 114 Prospect St
Investor alert: This fully leased single-family home delivers immediate cash flow with a tenant in place through May 2026. The home features four bedrooms, two full baths, a modernized kitchen, refreshed interior finishes, and a new roof-no major projects needed. A detached two-car garage adds extra value for storage or additional rental appeal. Located in the heart of Norwich, this property benefits from strong rental demand driven by major regional employers like Foxwoods, Mohegan Sun, Electric Boat, and Backus Hospital. Its proximity to shopping, schools, and I-395 adds to its long-term appeal. With steady income and minimal upfront work, this is a smart addition to any rental portfolio.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Oven/Range, Refrigerator, Dishwasher, Washer, Dryer
- Basement: Yes
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached Garage
- Exterior: Sidewalk, Porch, Gutters, Patio
- Architectural Style: Colonial
- Heating: Steam
- Cooling: None
- List Price: $235,000
- Price/SqFt: $128
- Annual Tax Amount: $6,318
- Tax Year: 2024
- Lot: Level, Cleared
- Directions: GPS friendly
- Year Built: 1878
- Living Area: 1,836 SqFt
- Lot Size: 0.26 Acres
- MLS Number: 24104632
- Office Name: Coldwell Banker Realty
- Office Phone: (860) 644-2461
- Office Email: orlando.diaz@cbrealty.com
- Listing Agent: Orlando Diaz
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Last updated on: 6/19/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$235,000
114 Prospect St
$2,791
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 26, 2020 | Home Sold | $110,000 |
Feb 28, 2005 | Home Sold | $175,000 |
Jan 28, 1997 | Home Sold | $55,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $165,400 | $6,318 |
2023 | $99,700 | $4,849 |
2022 | $99,700 | $4,833 |
2021 | $99,700 | $4,849 |
2020 | $98,300 | $4,765 |
2019 | $98,300 | $4,717 |
History based on county public records data.
Nearby schools
4
Veterans' Memorial School
Public District KG-5
2.1 mi
•80 Crouch Ave
4
John B. Stanton School
Public District KG-5
2.3 mi
•386 New London Tpke
4
Uncas Elementary School
Public District KG-5
2.4 mi
•280 Elizabeth Street Ext
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,241. The majority of Norwich, CT residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 114 Prospect St
The listing price of 114 Prospect St property is $235,000.
The property 114 Prospect St is a house located in Norwich, Connecticut, 06360.
Active Listing: 114 Prospect St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 114 Prospect St are: Veterans' Memorial School (GreatSchools Rating 4/10), John B. Stanton School (GreatSchools Rating 4/10), Uncas Elementary School (GreatSchools Rating 4/10), Kelly Steam Magnet Middle School (GreatSchools Rating 3/10), Integrated Day Charter School (GreatSchools Rating 5/10), Teachers' Memorial Global Studies Magnet Middle School (GreatSchools Rating 3/10), Norwich Free Academy (GreatSchools Rating 3/10), Norwich Technical High School (GreatSchools Rating 7/10), Three Rivers Middle College Magnet School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $6,318 (source: MLS/based on county public records data).
The last sale was on October 26, 2020 for $110,000 (source: MLS/tax record).
The property at 114 Prospect St has 4 bedrooms and 2 bathrooms.
The property 114 Prospect St is 1,836 SqFt (source: MLS/tax record).
The year of construction for 114 Prospect St is 1878.
This home is located at 114 Prospect St in Norwich, CT and zip code 06360. This 1,836 square foot home, which was built in 1878, sits on a 0.26 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $235,000.
In May 2025 more than 22 listings in Norwich, CT were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 10 were sold below. Between April and May 2025, Norwich, CT real estate market has seen decrease in the number of listings by 1.2%. The median list price of listings available in May 2025 was $269,950, while the average time on the real estate market was 17 days.