- – beds
- – baths
- – sqft
- ~12 acre lot
- – on site
With the demand for housing sky rocketing, it is hard to find the right land to build on. This is a rare opportunity for all developers to build on a unique piece of land. The property is beautiful and lightly wooded. Currently in the final stage of obtaining approval for 83 Condominiums. Available utilities, consisting of City Water, Sewer, and electric lines on the road, all cut construction cost significantly which makes the land cost per unit less than $16,000. Tucked in a private road, yet less than minutes away from downtown Norwich makes the location ideal for marketing the units, The property shares its rare borderline with the Foxwood Casino parking lot and other subdivisions. The road to success starts at Palmer street. Request your private showing today for more information.
Last checked:
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Last updated May 4, 2021
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MLS# 170385928 —
Amenities & Taxes
The Property
- Acres:
- 11.5200
- Property Type:
- Lots and Land For Sale
- Property Sub Type:
- Commercial Land
- Zoning:
- Mf
- Lot Description:
- Open Lot, Treed
- Lot Improvements:
- Approved Subdivision
- Road Frontage:
- Private Road, Cul-De-Sac, Paved Road
- Road Frontage:
- 450
Listing Agent
- Contact info:
- No listing contact info available
Taxes
- Property Tax:
- $2,879
- Tax Year:
- July 2020-June 2021
The Listing
- No
Utilities
- Utilities Available:
- Electric Available, Cable
- Sewage System:
- Public Sewer In Street
- Water Source:
- Public Water In Street
Schools
- Elementary School:
- Per Board of Ed
- Middle School:
- Per Board Of Ed
- High School:
- Per Board Of Ed
The Community
- HOA:
- No
- Waterfront Description:
- Not Applicable
- Nearby Amenities:
- Golf Course, Health Club, Library, Medical Facilities, Shopping/Mall
Schools
| Rating | Details | |
|---|---|---|
Samuel L. Huntington Elementary School
|
||
Kelly Middle School
|
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
Monthly cost estimate
Asking price
$1,299,000
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,431
|
| Taxes | $239 |
| Insurance | $357 |
| Utilities | N/A |
| Total | $5,027/mo.* |
| *This is an estimate |
Flood Risk
Flood Factor® provides comprehensive flood risk information from rain, rivers, tides and storm surge and incorporates how future flood risk is changing over time because of a changing environment.
Flood Factor is a 1-10 scoring, from minimal to extreme, that tells you a property’s potential risk of flooding at least once over the life of a 30 year mortgage.
Flood risk data is provided by Flood Factor®, a product of First Street Foundation®. The Flood Factor model is designed to approximate flood risk and not intended to include all possible risks of flood.
- FEMA Zone (est.):
-
Flood insurance:
MassiveCert estimates that this property is in FEMA Zone AE, which means that flood insurance is federally required.
Flood likelihood over time
| year | probability |
|---|---|
| 1y | 20% |
| 5y | 74% |
| 10y | 91% |
| 15y | 97% |
| 20y | 99% |
| 25y | 100% |
| 30y | 100% |
Because risk accumulates over time, this property has a 100% chance of flooding within the next 30 years.
Provided by Flood Factor™
View a full report on FloodFactor.com
WalkScore®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.