48 & 50 Nashville Road, Bethel, CT, 06801 | $1,400,000
Developers potential development project with two existing homes one single family and one two family set on 4. 36 acres in R-10 zone with close proximity to downtown Bethel. The two existing homes do not need to be removed for development. Currently the homes are generating $7950 of monthly income leaving approximately 4 undeveloped acres with adequate road frontage for access to potential development project. Some idea's include a 55 or better community, condos, or even single-family homes. Current owner has a development plan including additional rental units and for sale condos site that has not been proposed to town at this time. City water and sewer as well as natural gas are accessible for development projects. 48 and 50 Nashville Road are sold as a package only. Public records show 1950 and 1900.
Features
- Units: 3
- Style: Other
- Year Built: 1950
- Garage: 4-car Attached Garage
- Heating: Baseboard,Gas on Gas
- Cooling: None
- Basement: Full
- Above Grade Approx. Sq. Feet: 3,569
- Acreage: 4.36
- Est. Taxes: $6,134
- Lot Desc: Level Lot,Sloping Lot,Treed
- Elem. School: Per Board of Ed
- Middle School: Per Board of Ed
- High School: Per Board of Ed
- MLS#: 170625260
- Days on Market: 108 days
- Website: https://www.raveis.com
/prop/170625260/48and50nashvilleroad_bethel_ct?source=qrflyer
Listing courtesy of HOWARD HANNA RAND REALTY
William Raveis Family of Services
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888.699.8876
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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
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Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
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203.925.4590
For homebuyers and sellers, our Attorney Network:
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48 & 50 Nashville Road, Bethel, CT, 06801
$1,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
| Monthly Tax Payment | $511 | $511 | $511 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,447 | $7,079 | $9,451 |
| Total Monthly Payment | $7,083 | $7,715 | $10,087 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524