Flat, dry, cleared and engineered retail development lot 2.07 acres, next to Bestway Gas/Convenience store. Perc tested. Recently approved for restaurant. Zone HC Highway Commercial. 300' road frontage. 3,500 average daily traffic counts. Only 1.5 miles to I-395. More acreage available in rear. Town sewer system planned for 2025. For Sale $240,000. PERMITTED USES: Retail, Restaurant, Bar, Business or Personal Services, Repair Services, Laundry, Office, Theater... BY SPECIAL PERMIT: Arcade...
Property Details
Property Features
Listing Office:
Office Name: Signature Properties of NewEng
Office Phone: (860) 447-8839
Listing Agent: Norman Peck
Lot Features
Lot Information:
Lot: Level
Lot Size: 2.07 Acres
Other
Directions Information:
Directions: I-395 N Exit 11. Left on Route 82. Go about 1.7 miles on right, just before Bestway Gas Station. I-395 S Exit 11. Right on Route 82. Go about 1.7 miles on right, just before Bestway Gas Station.
Price Information
Listing Price Info
Price Summary:
List Price: $240,000
What can I afford?
Understand what home price range makes sense for your budget.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,265
Per Month
Principal & Interest
$1,198
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
$786
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thomas W. Mahan School
94 Salem Tpke
Distance between this listing and this school1.77 miles
Public District Grades PK-5
4
/10
John B. Stanton School
386 New London Tpke
Distance between this listing and this school2.56 miles
Public District Grades KG-5
4
/10
Uncas Elementary School
280 Elizabeth Street Ext
Distance between this listing and this school2.71 miles
Public District Grades KG-5
Nearby Schools
3
/10
Teachers' Memorial Global Studies Magnet Middle School
15 Teachers Dr
Distance between this listing and this school2.99 miles
Public Magnet Grades 6-8
5
/10
Integrated Day Charter School
68 Thermos Ave
Distance between this listing and this school3.55 miles
Public Charter Grades PK-8
5
/10
Leonard J. Tyl Middle School
166 Chesterfield Rd
Distance between this listing and this school3.73 miles
Public District Grades 6-8
Nearby Schools
9
/10
Three Rivers Middle College Magnet School
574 New London Tpke
Distance between this listing and this school2.24 miles
Public Magnet Grades 11-12
6
/10
Montville High School
800 Old Colchester Rd
Distance between this listing and this school3.53 miles
Public District Grades 9-12
3
/10
Norwich Free Academy
305 Broadway
Distance between this listing and this school3.90 miles
The neighbors living near this home have an average income of $82,582. Typical income of New London County, CT residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 407 Salem Tpke
What is the listing price of this property?
The listing price of 407 Salem Tpke property is $240,000.
What type of property is this?
The property 407 Salem Tpke is land located in Bozrah, Connecticut, 06334.
Is this property for sale now?
Active Listing: 407 Salem Tpke is For Sale (Active/New) which means the seller is accepting offers.
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, AI voice, 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 407 Salem Tpke in Bozrah, CT and zip code 06334. This home sits on a 2.07 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $240,000.
New London County, CT housing market in November 2024 saw over 115 listings sold above listed price, more than 48 sold at listed price and over 78 sold below. Between October 2024 and November 2024, New London County, CT real estate market has seen decrease in the number of listings by 13.4%.
From Rocket Homes Real Estate and based on county public records data.