418R Madison Road Durham, CT 06422
Listing Courtesy of:SMART MLS / Page Taft Madison Office / John Campbell
$1,100,000
73.64
ACRES
  418R Madison Road Durham, CT 06422
Active (46 Days)

Comments

418R Madison Road is a highly desirable development site available in Durham on Madison Road (Route 79). The property is a 73.64+/- acre site just south of the center of Durham and an easy drive to Madison's Town Center. The site has previous approvals for 46 detached condominium units of age restricted housing. New approvals would be necessary for completion of the development. Extensive architectural and engineering design work has been drafted. The site has some of the nicest vistas in the area and would be suitable for residential development. The entire site is available for $1,100,000. The property is located within the south-central portion of Durham and fronts along the easterly side of Madison Road (Route 79). The land area is comprised of two parcels that combine to offer 73.64 acres. The land offers an irregular configuration. The topography is varied throughout and, contains scattered, designated inland-wetlands. A pond is located on the larger of the two parcels along with a conservation easement that forms the northerly border. This area accounts for 6 acres. The parcel falls within the FEMA Zone X - areas outside the 500 year flood plain. There is a dilapidated 2800 square foot structure located on the property.

MLS #:
170436209
Taxes
$13,349
Lot Size
73.64 acres
Type
Land
Views
No
County
Middlesex County
Bathroom Details
Lot Information
  • Treed
  • Some Wetlands
  • May Be Subdividable
  • Open Lot
Utility Information
  • Utilities:Electric Available
  • Sewer:Septic Required
School Information
  • Elementary School:Per Board of Ed
  • High School:Per Board of Ed
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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