Get ready to build your dream home in desirable Millstone Point. This community has a large private beach and its own marina with docks. This is the only lot in the community available with water view. The lot is flat, clear, connected to public utilities, surveyed, and NOT in a flood zone so you can have a basement too! Association fees are minimal and include marina and beach use and parking. Drive by today to get a look at the location, and start planning the move to your new beach home in Spring 2024! Please don't enter property without owner or agent, but call for a walk-on showing for serious inquiries.
Property Details
Property Features
Listing Office:
Office Name: KW Legacy Partners
Office Phone: (860) 313-0700
Listing Agent: Kathleen Schubert
Exterior Features
Exterior Information:
Waterfront: Water Access, Beach, Waterfront
View: Water
Lot Features
Lot Information:
Lot: Cleared, Views, Level
Lot Size: 0.22 Acres
School Info
Assigned Schools Information:
Waterford High School, Public District Grades 9-12
Clark Lane Middle School, Public District Grades 6-8
Great Neck Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: I-95 to CT-156 E to Race Rock Road.
Price Information
Listing Price Info
Price Summary:
List Price: $369,900
HOA Fees:
Amount: $240
Frequency: Annually
Tax Information:
Annual Amount: $2,440
Tax Year: 2021
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 Waterford, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,934
Per Month
Principal & Interest
$1,847
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)
$20
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
$1,175
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.
Elementary School
8
/10
Great Neck Elementary School
165 Great Neck Rd
Distance between this listing and this school1.36 miles
Public District Grades PK-5
Middle School
6
/10
Clark Lane Middle School
105 Clark Ln
Distance between this listing and this school2.98 miles
Public District Grades 6-8
High School
5
/10
Waterford High School
20 Rope Ferry Rd
Distance between this listing and this school2.27 miles
Public District Grades 9-12
Assigned Schools
8
/10
Great Neck Elementary School
165 Great Neck Rd
Distance between this listing and this school1.36 miles
Public District Grades PK-5
Nearby Schools
8
/10
Niantic Center School
7 W Main St
Distance between this listing and this school2.35 miles
Public District Grades KG-4
6
/10
Oswegatchie Elementary School
470 Boston Post Rd
Distance between this listing and this school3.22 miles
Public District Grades KG-5
Assigned Schools
6
/10
Clark Lane Middle School
105 Clark Ln
Distance between this listing and this school2.98 miles
Public District Grades 6-8
Nearby Schools
2
/10
Bennie Dover Jackson Middle School
36 Waller St
Distance between this listing and this school3.96 miles
Public District Grades 6-8
4
/10
Interdistrict School For Arts and Communication
190 Governor Winthrop Boulev
Distance between this listing and this school4.18 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
Waterford High School
20 Rope Ferry Rd
Distance between this listing and this school2.27 miles
Public District Grades 9-12
Nearby Schools
2
/10
New London High School
490 Jefferson Ave
Distance between this listing and this school3.52 miles
Public Magnet Grades 9-12
5
/10
East Lyme Middle School
31 Society Rd
Distance between this listing and this school3.55 miles
The neighbors living near this home have an average income of $88,500. Typical income of Waterford, CT residents is between $100k-200k annually. The most common type of family is 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 8 Race Rock Rd
What is the listing price of this property?
The listing price of 8 Race Rock Rd property is $369,900.
What type of property is this?
The property 8 Race Rock Rd is land located in Waterford, Connecticut, 06385.
Is this property for sale now?
Active Listing: 8 Race Rock Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8 Race Rock Rd are: Great Neck Elementary School: GreatSchools Rating 8/10Clark Lane Middle School: GreatSchools Rating 6/10Waterford High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,440 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 9, 2018 for $158,000. (source: MLS/tax record).
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 8 Race Rock Rd in Waterford, CT and zip code 06385. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $369,900.
In March 2024, from all listings sold in Waterford, CT there were more than 4 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Waterford, CT increased by 9.8% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.