Perfect opportunity to pick up where the previous builder left off, and make some money doing so! 13 building lots in this planned unit development are available immediately for development into new single family homes. Take advantage of these times where buyers are digging for "turn-key" properties. Naugatuck has seen a rise in new construction within the past year and a demand-surge for new homes. Choosing these remaining lots as your next development project will allow you to offer homeowners a unique product with the bonus of having their yard work covered with the HOA in place. Silver Ridge Lane is an established community which will present itself to homebuyers as a well-manicured, thoughtfully laid out, and conveniently situated sub-division where it's secluded enough for comfortable living but close enough to main roads for commuters who may need that convenience. The HOA fee begins only when the homes are up, and will eventually cover the end-user's yard maintenance, trash fee, and exterior insurance. Most of the work that goes into a new sub-division is already done here. These lots are shovel ready with town approvals in place and laterals to the lots! Buyer will have the option to do their own due diligence, but many original lot maps, building plans, and other project info are available to review. Seller is open to consider creative financing options for the right buyer. Inquire today to take part in this lucrative and exciting project!
Property Details
Property Features
Listing Office:
Office Name: Realty Exclusive LLC
Office Phone: (203) 577-5900
Listing Agent: Zachary D. Nichols
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Cul-De-Sac, Subdivision, Trees, Landscaped
Lot Size: 7.77 Acres
Other
Directions Information:
Directions: Rt. 63 to Mill St to Silver Ridge Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
HOA Fees:
Amount: $480
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Naugatuck, CT.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,793
Per Month
Principal & Interest
$2,246
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$480
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,416
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Hop Brook Elementary School
75 Crown St
Distance between this listing and this school0.43 miles
Public District Grades KG-4
6
/10
Western School
100 Pine St
Distance between this listing and this school0.93 miles
Public District Grades KG-4
3
/10
Salem School
124 Meadow St
Distance between this listing and this school1.05 miles
Public District Grades KG-4
Nearby Schools
3
/10
Hillside Intermediate School
51 Hillside Ave
Distance between this listing and this school0.94 miles
Public District Grades 5-6
4
/10
City Hill Middle School
441 City Hill St
Distance between this listing and this school1.57 miles
Public District Grades 7-8
3
/10
Gilmartin School
107 Wyoming Ave
Distance between this listing and this school2.15 miles
Public District Grades PK-8
Nearby Schools
2
/10
Naugatuck High School
543 Rubber Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
1
/10
John F. Kennedy High School
422 Highland Ave
Distance between this listing and this school2.78 miles
Public District Grades 9-12
5
/10
Waterbury Arts Magnet School (High)
16 S Elm St
Distance between this listing and this school3.59 miles
The neighbors living near this home have an average income of $82,216. Most Naugatuck, CT residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Silver Ridge Ln
What is the listing price of this property?
The listing price of 0 Silver Ridge Ln property is $450,000.
What type of property is this?
The property 0 Silver Ridge Ln is land located in Naugatuck, Connecticut, 06770.
Is this property for sale now?
Active Listing: 0 Silver Ridge Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Silver Ridge Ln in Naugatuck, CT and zip code 06770. This home sits on a 7.77 acre lot. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $450,000.
While more than 13 listings in Naugatuck, CT in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Naugatuck, CT increased by 4.3% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Minor League Baseball Games
Minor League Baseball Games
Symphony or Opera
Mexican League Soccer
New York & Company
Chico's
Books-a-Million
Chick-fil-A
Boston Market
Church's Chicken
Kia
Volvo
Toyota
Talk/Personality
Adult Hits
Rock