Excellent development opportunity in the lovely waterfront community of Milford, CT. This over 42-acre parcel had previously been approved for a 160 unit 55 and over community. The property is located in close proximity to the Wilber/Merritt Parkways, Milford Connector to I-95 and the Housatonic River. Location is within 60 miles to NYC and easily accessible to both Fairfield County and downtown New Haven. Previous sewer connection to the site was approved. The asking price is with the understanding to wait to gain all necessary approvals prior to closing. Also offered as a single-family lot subdivision per the current zoning regulations with a quick close.
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Listing courtesy of Stephen Shapiro, Davis Owen Real Estate Email: goldcoasthouses@gmail.com
Wolf Harbor Road, #9, Milford, CT, 06460
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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