Prime opportunity for a potential subdivision on a sprawling 37.98-acre, level parcel with city sewer access available right at the street! Conveniently located near the East Hampton town line in Marlborough, this property offers easy access to major highways, making it an ideal choice for a subdivision. A preliminary subdivision map showcases the property's potential, providing flexibility for a mix of residential homes or something else, depending on the developer's vision! This land benefits from Marlborough's growing demand for new housing and proximity to schools, parks, shopping centers, and recreational facilities, ensuring strong appeal for future residents. With utilities easily accessible and the potential for competitive ROI, this property represents a valuable investment opportunity for developers and builders ready to start an exciting new project!
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Listing courtesy of Carl Guild, Carl Guild & Associates Email: carlguild@gmail.com
0 East Hampton Road, Marlborough, CT, 06447
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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