187 Bank Street - New London, CT

$1,975

Beds

1.00

Baths

870

SqFt

0.12

Acres

Pricing Insight: Originally listed for $1,825, the price was last adjusted to $1,975 on July 31, 2026, a +$150 (8.2%) change, approximately 0 days ago. This property has been on the market for approximately 73 days.

187 Bank Street, New London, CT is a 2-bed, 1-bath, 870 square foot home built in 1890 , featuring apartment architecture.

This home is within the New London school district. Local, with nearby schools including Per Board of Ed.

MLS #: 24176896

Offered Price: $1,975

Residence Type: Residential Rental

Architectural Style: Apartment

Living Area: 870 Sq. Ft.

Lot Size: 0.12 Acres

Neighborhood: N/A

County: New London

Year Built: 1890

Design & Construction: N/A

Heating: Baseboard

Cooling: None

Garage Spaces: 0

Price per Sq Ft as listed: $2

Estimated Tax: $0

Days on Market: 41

$1,995

2 Beds · 1 Baths · 1,000 Sq Ft

187 Bank Street, New London

$1,395

0 Beds · 1 Baths · 320 Sq Ft

209 Bank Street, New London

$1,700

1 Beds · 1 Baths · 6,715 Sq Ft

207 Bank Street, New London

$2,200

2 Beds · 1 Baths · 1,000 Sq Ft

215 Bank Street, New London

$1,700

1 Beds · 1 Baths · 1,000 Sq Ft

215-219 Bank Street, New London

$2,600

2 Beds · 1 Baths · 760 Sq Ft

138 Bank Street, New London

Home Automation: Not specified

Energy Features: Not specified

Solar Contract: Not specified

Heating Fuel: Gas In Street

Fuel Type: Baseboard

Fuel Tank Location: Not specified

Cooling System: None

Hot Water System: Natural Gas, Tank Size Unknown

Air Radon Mitigation: Not specified

Water Radon Mitigation: Not specified

Price per square foot: $2 / Sq. Ft.

Tax assessed value: $0

Estimated Tax: $0

Architectural Style: Apartment

Design & Construction: N/A

Residence Type: Residential Rental

Year Constructed: 1890

Living Area: 870 Sq. Ft.

Lot Size: 0.12 Acres

Fuel: Gas In Street

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AUTOMATED VALUATION ESTIMATE

Note: Computer-generated estimate, not an appraisal.

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Understanding This Valuation

The RPR AVM considers:

Recent sales of comparable properties
Property characteristics and location
Market trends in New London
Statistical modeling algorithms

Local Market Context

Active Listings: 56

Average Price: $129,352

Average DOM: 41 days

Complimentary CMAs, no obligation

This Bank Street apartment delivers the space you've been looking for! Featuring 2 bedrooms, a large primary bedroom, separate dining room, and an L-shaped living room that gives you flexibility for both relaxing and entertaining. Hardwood floors run throughout the apartment, and the full bathroom includes a bathtub. Off-street parking available. Talk about location - enjoy being right in the heart of downtown New London with easy access to local restaurants, cafes, shops, galleries, live entertainment, and the waterfront. Walk or bike to the train station, Electric Boat, and the Block Island Ferry for quick weekend escapes. City living just makes sense here.

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Flood Risk Assessment Water Body Detected Nearby

Water Proximity Detected: This property exhibits indicators suggesting nearby or referenced water features

Location Analysis:

Water features noted

Water Proximity:

Near water body

Topography:

Standard terrain • 0.1 acres

Water Indicators Found:

Water-related features referenced in listing details

Recommendations:

Professional flood assessment advised
Based on identified water-related indicators, flood insurance may warrant consideration
Consult FEMA Flood Maps for zone verification
Evaluate drainage systems
Review local flood history

Risk Level: Moderate

Property near water bodies. Consider flood insurance.

Walkability Score: calculating…
Motif Lifestyle Score: calculating…

Amenity Access Summary

Dining & Café Access: Low to Moderate
Daily Services: Limited
Recreational Space: Limited Nearby

How These Scores Are Calculated

These scores reflect the proximity and concentration of nearby amenities, measured against a typical town-center environment.

Walkability emphasizes access to daily necessities such as groceries, pharmacies, banking, and routine services.
Motif Lifestyle emphasizes dining, cafés, parks, and leisure destinations that contribute to neighborhood character and quality of life.

All scores are normalized on a 0–100 scale to allow consistent comparison across different locations.

56

Homes For Sale

$129,352

Average List Price

Mechanicals & Utilities: Baseboard • Gas In Street • None • Public Water Connected water

Exterior Features

Utilities: Water: Public Water Connected

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Steve Simos

Real Estate Advisor

New London • Connecticut Shoreline

Licensed Real Estate Agent – Connecticut

Verified Motif Advisor

(203) 915-6183

george@appzentric.com

Good afternoon Steve, I'm interested in
187 Bank Street, New London, Connecticut

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