Development opportunity directly on Boston Post Rd, currently there is a small single family home on the property that could be torn down to develop what the new owner may wish to do. Owner currently has plans for a 6 unit multi-family home pending approvals. Each unit would have private parking depending on how many bedrooms are in the assigned unit with additional covered parking available and other space for parking.
Property Details
Property Features
Property Information:
Year Built: 1940
Living Area: 2,834 SqFt
Listing Office:
Office Name: Houlihan Lawrence WD
Office Phone: (203) 701-4848
Listing Agent: Frank J. D'Ostilio
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 8
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 10 spaces
Attached Garage: Yes
Parking: Under House Garage, Off Street Parking
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Central Air
School Info
Assigned Schools Information:
Jonathan Law High School, Public District Grades 9-12
West Shore Middle School, Public District Grades 6-8
Pumpkin Delight School, Public District Grades 3-5
Other
Directions Information:
Directions: Turn right off Boston Post into Driveway
Price Information
Listing Price Info
Price Summary:
List Price: $500,000
Price Per SqFt: $176/SqFt
Tax Information:
Annual Amount: $2,813
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 Milford, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,563
Per Month
Principal & Interest
$2,496
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
$1,566
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
7
/10
Pumpkin Delight School
27 Art St
Distance between this listing and this school0.89 miles
Public District Grades 3-5
Middle School
6
/10
West Shore Middle School
70 Kay Ave
Distance between this listing and this school2.03 miles
Public District Grades 6-8
High School
6
/10
Jonathan Law High School
20 Lansdale Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Assigned Schools
7
/10
Pumpkin Delight School
27 Art St
Distance between this listing and this school0.89 miles
Public District Grades 3-5
Nearby Schools
4
/10
Meadowside School
80 Seemans Ln
Distance between this listing and this school0.39 miles
Public District Grades 3-5
5
/10
J. F. Kennedy School
404 West Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-2
Assigned Schools
6
/10
West Shore Middle School
70 Kay Ave
Distance between this listing and this school2.03 miles
Public District Grades 6-8
Nearby Schools
7
/10
Harborside Middle School
175 High St
Distance between this listing and this school0.99 miles
Public District Grades 6-8
4
/10
David Wooster Middle School
150 Lincoln St
Distance between this listing and this school3.36 miles
Public District Grades 7-8
Assigned Schools
6
/10
Jonathan Law High School
20 Lansdale Ave
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
3
/10
Harry B. Flood Middle School
490 Chapel St
Distance between this listing and this school2.71 miles
Public District Grades 7-12
4
/10
Platt Technical High School
600 Orange Ave
Distance between this listing and this school2.80 miles
The neighbors living near this home have an average income of $66,781. Typical income of Milford, CT residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 88 Boston Post Rd in Milford, CT and zip code 06460 in the Downtown / Harbor / Post Road South neighborhood. This 2,834 square foot home, which was built in 1940, sits on a 0.24 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $500,000.
While more than 21 listings in Milford, CT in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 13 were sold below. The number of listings in Milford, CT increased by 13.1% between February 2024 and March 2024.
From Rocket Homes Real Estate and based on county public records data.