$425,000
- 3 Beds
- 1.5 Baths
- 1,774 Sq Ft
7 Harvard Terrace, Gales Ferry, CT 06335
Kristopher Tramont Real Broker CT, LLC
Frequently Asked Questions
Is Gales Ferry a good place to live?
Gales Ferry is a good place to live. Gales Ferry is considered very car-dependent and somewhat bikeable with minimal transit options. It has a median age of 42. The average household income is $80,499 which is below the national average. College graduates make up 32.3% of residents. A majority of residents in Gales Ferry are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Gales Ferry can help you decide if this neighborhood is the right one for you. Learn more on our Gales Ferry neighborhood guide.
How much do you need to make to afford a house in Gales Ferry?
The median home price in Gales Ferry is $402,500. If you put a 20% down payment of $80,500 and had a 30-year fixed mortgage with an interest rate of 6.95%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Gales Ferry. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Gales Ferry is $80K.
What are the best public schools in Gales Ferry?
The best public schools that serve Gales Ferry are:
- Ledyard High School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 3.8.
- Ledyard Middle School has a C+ Niche grade, a student teacher ratio of 12:1 and an average review score of 2.2.
What are the best private schools in Gales Ferry?
The best private schools that serve Gales Ferry are:
- The Bradley School - New London Regional has a student teacher ratio of 6:1.
What are the most popular zip codes in Gales Ferry, Ledyard, CT?
What are the most popular neighborhoods near Gales Ferry, Ledyard, CT?
The most popular neighborhoods near Gales Ferry, Ledyard, CT are Oxoboxo River, Downtown New London, Long Hill, Willetts and East Great Plains.
Are home prices dropping in Gales Ferry?
Yes, home prices in Gales Ferry are down 2% in the last 12 months.
