JUST LISTED! Incredible Development Opportunity in Monroe, CT. This 1.6-acre commercially zoned property at 800 and 802 Main St, Monroe, CT 06468 offers endless possibilities. The property is perfect for those looking to showcase their own business or attract a national tenant with the option for a long-term land lease. Alternatively, you could seize the opportunity to create a shopping plaza on this prime piece of land. Situated in Fairfield County, this property is in a desirable location with a growing population and high-income households. Don't miss out on this chance to own a piece of Monroe's thriving commercial real estate market.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (203) 452-3700
Listing Agent: Jeanette Politano
Lot Features
Lot Information:
Lot: Level
Lot Size: 1.62 Acres
School Info
Assigned Schools Information:
Masuk High School, Public District Grades 9-12
Jockey Hollow School, Public District Grades 6-8
Stepney Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Route 25 North or South to 802 Main Street. There are 2 parcels that are combined to one address - 800 and 802 Main Street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Tax Information:
Annual Amount: $15,915
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 Monroe, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
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)
$0
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
$4,863
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
Stepney Elementary School
180 Old Newtown Rd
Distance between this listing and this school2.10 miles
Public District Grades KG-5
Middle School
9
/10
Jockey Hollow School
365 Fan Hill Rd
Distance between this listing and this school1.33 miles
Public District Grades 6-8
High School
7
/10
Masuk High School
1014 Monroe Tpke
Distance between this listing and this school3.37 miles
Public District Grades 9-12
Assigned Schools
8
/10
Stepney Elementary School
180 Old Newtown Rd
Distance between this listing and this school2.10 miles
Public District Grades KG-5
Nearby Schools
7
/10
Fawn Hollow Elementary School
375 Fan Hill Rd
Distance between this listing and this school1.45 miles
Public District Grades KG-5
7
/10
Middle Gate Elementary School
7 Cold Spring Rd
Distance between this listing and this school1.63 miles
Public District Grades KG-4
Assigned Schools
9
/10
Jockey Hollow School
365 Fan Hill Rd
Distance between this listing and this school1.33 miles
Public District Grades 6-8
Nearby Schools
7
/10
Reed Intermediate School
3 Trades Ln
Distance between this listing and this school4.33 miles
Public District Grades 5-6
8
/10
Newtown Middle School
11 Queen St
Distance between this listing and this school5.05 miles
Public District Grades 7-8
Assigned Schools
7
/10
Masuk High School
1014 Monroe Tpke
Distance between this listing and this school3.37 miles
Public District Grades 9-12
Nearby Schools
7
/10
Newtown High School
12 Berkshire Rd
Distance between this listing and this school4.48 miles
Public District Grades 9-12
10
/10
Joel Barlow High School
100 Black Rock Tpke
Distance between this listing and this school5.51 miles
The neighbors living near this home have an average income of $117,667. Residents of Monroe, CT typically earn between $100k-200k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 802 Main St
What is the listing price of this property?
The listing price of 802 Main St property is $1,600,000.
What type of property is this?
The property 802 Main St is land located in Monroe, Connecticut, 06468.
Is this property for sale now?
Active Listing: 802 Main St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 802 Main St are: Stepney Elementary School: GreatSchools Rating 8/10Jockey Hollow School: GreatSchools Rating 9/10Masuk High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,915 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 9, 1997 for $312,517. (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 802 Main St in Monroe, CT and zip code 06468. This home sits on a 1.62 acre lot. It has been listed on Rocket Homes since August 16, 2023 and is currently priced at $1,600,000.
While more than 5 listings in Monroe, CT in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. In March 2024 in Monroe, CT there were 4.2% less homes for sale than in February 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.
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
College Football
BJs Wholesale Club
Stein Mart
Best Buy
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information