572 Gracey Avenue, Meriden, CT, 06451 | $75,000

Welcome to 572 Gracey Ave, Meriden, CT-an exceptional 0. 763-acre interior lot. This prime piece of land is the perfect foundation for your custom dream home, offering a rare combination of privacy, convenience, and potential. One of the standout features of this lot is that it is a flat, cleared terrain-making it ideal for immediate construction. With public water, sewer access, and an on-site electrical utility box already in place, the groundwork is laid for a seamless building process. Although prior approvals have expired, the availability of detailed architectural plot plans ensures you can hit the ground running. Situated in the heart of Meriden, this property offers the best of both worlds-tranquility within a well-established community and easy access to modern amenities. Meriden is experiencing a period of growth, blending its rich history with vibrant new developments. Residents enjoy proximity to scenic parks, quality schools, and a variety of shopping and dining options, all within a short drive. Plus, with major highways nearby, commuting to surrounding areas is both quick and convenient. Whether you're a developer seeking a valuable investment or a homeowner eager to create a personalized sanctuary, 572 Gracey Ave is a rare find in a thriving area. Don't miss the chance to secure this prime lot and build the home you've always imagined in a location that offers peace, privacy, and the promise of a bright future.

Features

  • Zoning: R-1
  • Frontage: Municipal Street
  • HOA Fee: $832 Annually
  • Lot Desc: Interior Lot,In Subdivision,Level Lot,Cleared
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • MLS#: 24041031
  • Days on Market: 93 days
  • Website: https://www.raveis.com
    /prop/24041031/572graceyavenue_meriden_ct?source=qrflyer
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Listing courtesy of Regency Real Estate, LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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572 Gracey Avenue, Meriden, CT, 06451

$75,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $60,000 $60,000 $60,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $399 $399 $514
Total Monthly Payment $474 $474 $589

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.