418 Madison RoadDurham, CT 06422MLS Number 170079305

  • Price: $1,100,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 4.35% last updated on Feb 21, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 73.64Acreage

418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1,100,000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.

Listed by John Campbell of Page Taft - Christie's IRE

Driving Directions

Vernon Office
Vernon Office
Office: 860-871-2775
646 Hartford Turnpike
Vernon, CT 06066

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More Info

Basic Information

  • Acreage73.64
  • StatusACT
  • List Price$1,100,000
  • Broker NamePage Taft - Christie's IRE
  • Number of Lots2
  • HoaNo
  • Property subtypeResidential Land
  • Property TypeLots and Land For Sale
  • MLS Number170079305

Utilities

  • Utilities availableElectric Available
  • Water sourcePublic Water In Street, Private Well
  • Septic approvalYes
  • Septic plan availableYes
  • Sewage systemSeptic Required

Auction

  • Bank owned propertyNo

Tax Information

  • Taxes$13,349
  • Milrate base39
  • Milrate total39.5
  • Tax YearJuly 2018-June 2019
  • Assessed value$337,960

Property

  • Lot DescriptionOpen Lot, May be Subdividable, Some Wetlands, Treed
  • Garages
  • LotimprovementsApproved Building Lot, House(S)
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • Road Frontage685
  • Road Frontage DescriptionState Road
  • SwimmingpoolNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Location

  • StateCT
  • Building Number418
  • StreetMadison
  • TownDurham
  • Zip06422
  • CountyMiddlesex
  • LocationHighway Access, Rural, Other
  • Junior HighPer Board of Ed
  • Middle Junior High SchoolPer Board of Ed

Water Body

  • WaterfrontNo
  • Waterfront DescriptionNot Applicable

Other

  • ZoningFR
  • Fha approvedNo
  • Lease purchaseNo
  • SubdividableYes
  • Documents Available
    • Appraisal
    • Building Plan
    • Demographic Data
    • Environmental Site Assess.
    • Feasibility Study
    • Percolation Test
    • Plot Plan/Survey
    • Soil Survey
    • Topographical Survey
  • Possession availabilityImmediate
  • View Count26

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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