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$10,000 Closing Credit¹
#24085081, Ferdinand Giacinto, Listing Office: RE/MAX on the Bay
#24063083·
Listing office: Alpha Capital Realty, LLC·
Listing agent: Micah Bailey·
Listing office phone: (203) 347-4247
$524,900 List price
205 Shaw St New London, CT 06320
$6,233
Closing credit¹
9 beds
4 full
2,400 sqft
0.1 acres
$219 / sqft
Multi-Family
Property details
About 205 Shaw St
Attention investors! 205 Shaw Street is a value-add 4-family investment property offering immediate cash flow over an 8.2 cap with potential to stabilize over a 9.5 CAP. This prime value-add opportunity features full occupancy, with recent renovations in all four units. Basement unit and Unit 2 are completely renovated featuring brand-new vinyl flooring, stainless steel appliances, and modern finishes, appealing to today's renters. Located in a high-demand area with steady rent growth, it's just 3 miles from the Groton Submarine Base, local beaches, and universities, and only a 15-minute commute to Electric Boat. Situated one block from a brand-new luxury apartment complex, this property guarantees strong rental demand. Whether you're looking to build your portfolio or live mortgage-free with rental income covering your expenses, 205 Shaw Street is a rare opportunity to own an asset with strong upside in a thriving market.
Highlights
Home typeMulti Family
HeatingForced Air
StatusActive
Size2,400 sqft
BasementYes
Lot size0.15 Acres
Year built1900
MLS #24063083
Summary
- MLS Number: 24063083
- Office Name: Alpha Capital Realty, LLC
- Office Phone: (203) 347-4247
- Office Email: micah@alphacapitalrealty.com
- Listing Agent: Micah Bailey
Copyright © 2025 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: 4/21/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$524,900
205 Shaw St
$6,233
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 26, 2023 | Home Sold | $105,556 |
| Feb 26, 1987 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $158,600 | $4,362 |
| 2022 | $112,700 | $4,205 |
| 2021 | $112,700 | $4,277 |
| 2020 | $112,700 | $4,304 |
| 2019 | $112,700 | $4,497 |
History based on county public records data.
Nearby schools
2
Harbor Elementary School
Public District PK-5
0.5 mi
•432 Montauk Ave
2
C. B. Jennings Dual Language and International Elementary Magnet School
Public Magnet PK-5
1.0 mi
•50 Mercer St
3
Regional Multicultural Magnet School
Public Magnet KG-5
1.1 mi
•1 Bulkeley Pl
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 $43,244. The majority of New London, CT residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
37%
<35k
55%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
56%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
Soccer
Where do the neighbors shop?
Burlington
Sam's Club
Forever 21
Where do the neighbors go to eat?
Popeyes
White Castle
Dominos Pizza
What do the neighbors drive?
Dodge
Oldsmobile
Mazda
What do the neighbors listen to?
Urban Contemporary
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$10,000 Closing Credit¹
#24068042, Kristin Davis, Listing Office: Berkshire Hathaway NE Prop.
This home is located at 205 Shaw St in New London, CT and zip code 06320. This 2,400 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $524,900.
While more than 4 listings in New London, CT in March 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below. The number of listings in New London, CT increased by 11.1% between February and March 2025.
From Rocket Homes Real Estate and based on county public records data.