Calling all developers and investors, if you're looking for a nice safe investment in a mid-size project this is it! Newly done plans for all colonial style units with additional square footage. The one existing finished house is not available neither is the church. What you get are the rights to construct 9 brand new detached single-family condominiums, and are responsible for all site work. Each unit is 3 bedrooms, 2.5 baths and features attached two car garage and a full basement. Located in the Northend of Stratford near all major transit, close to shopping, Merritt Parkway and 8/25 connector to 95 this is an ideal development in a strong market. Come take advantage of this rare investment opportunity today.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1967
Living Area: 2,100 SqFt
Listing Office:
Office Name: Davis Owen Real Estate
Office Phone: (203) 378-2244
Listing Agent: Stephen Shapiro
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 22
Total Bedroom Count: 33
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach
View: Trees/Woods
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 2.20 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: nichols or broadbridge to silver lane
Price Information
Listing Price Info
Price Summary:
List Price: $749,000
Price Per SqFt: $357/SqFt
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 Stratford, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,806
Per Month
Principal & Interest
$3,739
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
$2,312
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
Second Hill Lane Elementary School
65 2nd Hill Ln
Distance between this listing and this school0.75 miles
Public District Grades KG-6
8
/10
Eli Whitney Elementary School
1130 Huntington Rd
Distance between this listing and this school1.29 miles
Public District Grades KG-6
4
/10
Hallen School
68 Omega Ave
Distance between this listing and this school1.82 miles
Public District Grades PK-6
Nearby Schools
3
/10
Thomas Hooker School
138 Roger Williams Rd
Distance between this listing and this school0.84 miles
Public District Grades KG-8
3
/10
David Wooster Middle School
150 Lincoln St
Distance between this listing and this school1.39 miles
Public District Grades 7-8
4
/10
Multicultural Magnet School
700 Palisade Ave
Distance between this listing and this school1.53 miles
Public Magnet Grades KG-8
Nearby Schools
6
/10
Burnell High School
1 Bulldog Blvd
Distance between this listing and this school0.99 miles
Public District Grades 9-12
3
/10
Biotechnology Research & Zoological Studies Magnet High Scho
840 Old Town Rd
Distance between this listing and this school1.38 miles
Public Magnet Grades 9-12
5
/10
Information Technology & Software Engineering Magnet High Sc
840 Old Town Rd
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $71,364. The majority of Stratford, CT residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Stratford, CT
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Stratford, CT.
Stratford's housing market is diverse, offering a range of options from charming single-family homes to convenient apartment complexes and townhouses. The architectural styles vary, with a notable presence of colonial and cape cod homes that reflect the area's historical roots. A significant portion of the housing stock was developed in the mid-20th century, providing a sense of established community. The homeownership rate in Stratford is robust, with a majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
What is it like to live in Stratford, CT?
Stratford is known for its community-oriented atmosphere and scenic beauty, with numerous parks and beaches that enhance the quality of life for its residents. The town prides itself on its rich history and cultural events, including the annual Stratford Festival, which brings together the community in celebration of local arts and performances. The blend of suburban tranquility and active community life creates a balanced environment that appeals to families and individuals alike.
Is it easy to get around Stratford, CT without a car?
The town of Stratford is served by a solid educational system, including several public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare needs are met by nearby hospitals and clinics that offer a range of services from routine care to specialized treatments. The community also enjoys access to public libraries and a variety of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services to meet the evolving needs of Stratford's diverse population.
Transportation in Stratford, CT.
Transportation in Stratford is facilitated by a network of roads and highways, including access to major routes that make commuting to nearby cities convenient. Public transportation options are available, providing residents with alternatives to private vehicle use. The town also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional flexibility for residents and visitors.
This home is located at 600 Silver Ln in Stratford, CT and zip code 06614. This 2,100 square foot home, which was built in 1967, sits on a 2.20 acre lot. Features: 33 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $749,000.
While more than 36 listings in Stratford, CT in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 24 were sold below. In October 2024 in Stratford, CT there were 11.7% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.