Prime residential development opportunity in the sought-after Maple Hill School District. This expansive plot, surrounded by water company land and bordered by single-family homes on either side, offers unmatched privacy with a range of development options. With city water and sewer access right at the street and R15 zoning, the potential here is immense. Whether you're envisioning a subdivision with 20+ homes, or a larger community with rental units, condos, or a PUD, this property is primed for smart, strategic development. The spacious land could even accommodate a few equestrian properties or a dream farm. Don't miss out on this rare opportunity to capitalize on an area with high demand and endless possibilities."
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Listing courtesy of Daniel Zandvliet, Coldwell Banker Realty 2000 Email: Dan@anycthome.com
Naugatuck, (Indian Hills), CT, 06770
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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