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425 Litchfield, New Milford, CT 06776
   
425 Litchfield, New Milford, CT 06776
29.30 Acres

$1,075,000
279 Days on Market - Expired


Price reduced for this development opportunity property on the market and available for sale for a well located 29.3 acre multi-zoned commercial and residential property with the option to purchase a 7acre b-2 zoned commercial parcel portion of the property. located just minutes north of downtown new milford, ct with easy access from fairfield county directly on high traffic ct route 202 in litchfield county. the 425 litchfield rd. property is comprised of 29.3acres including approximately 15acres in the b-2 general business (commercial) zone and 14.3acres in the r-40 residential zone. the property is adjacent to ct route 202 on litchfield rd in the town of new milford. the 29.3acre property has the opportunity to develop for both residential and commercial uses including single and multi-family type residential units. available is a feasibility concept study subject to approval showing the potential to construct an approximate 10,000 building on the site. in addition, it is feasible to divide the 7acre parcel to build two 10,000sf 2 story buildings with 5,000sf footprints. the property has approximately 1,700' of road frontage directly on route 202 with a high traffic count. approximately 15 acres is zoned b-2 allowing numerous industrial, and commercial uses including warehousing, manufacturing, retail, offices, auto sales and repair, contractor shop and storage. a new a-2 survey map has been completed for additional feasibility planning. owner financing available.

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Details
  • 29.30 Acres
  • 2 Lot(s)

Additional Details
  • 1700ft of Frontage
  • USHWY,STRD,PAVED
  • HWYA,RURAL
  • Subdividable

Location
  • Cleared, Lightly Wooded, Sloping Lot

Utilities
  • Well Required
  • Septic

Taxes
  • $82,500 Assessment
  • 27.97 Mill Rate
  • $2,300 Taxes

Schools
  • Per Board of Ed Elementary
  • Per Board of Ed High

Source
  • CT Smart MLS
  • MLS ID 170580357

Real Estate Agent


Map of 425 Litchfield, New Milford, CT 06776

Directions to 425 Litchfield, New Milford, CT 06776
5 miles North of Downtown New Milford, CT with easy access from Fairfield County directly on high traffic CT Route 202 in Litchfield County.

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Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $1,075,000   |   Downpayment @ 20.00%: $215,000

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$6,012


Monthly Cost Estimate: $6,012
  • Mortgage: $5,820
  • Taxes: $192
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $72,141
  • Mortgage: $69,841
  • Taxes: $2,300
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $2,379,244
  • Mortgage: $2,095,244
  • Taxes: $69,000
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $215,000

Go To Mortgage Calculator


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This real estate listing for sale at 425 Litchfield has 29.30 acres. It is located in the New Milford, CT area with the 06776 zip code. For more info about the property at 425 Litchfield, New Milford, CT 06776 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT SMART MLS and was last updated January 01, 1970. 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. Copyright 2021 SmartMLS, Inc.