Great opportunity on a dead-end street in Townplot. Roosevelt Ave. was never extended to New haven Ave. on the back end, so it is a partial paper street. There was a lot line revision in 2005 (map available), and Planning & Zoning has said that there can be 2 single family homes built on this land, with a shared driveway, without extending the road. The property includes lots 1090, 1091, 1092 & 1093, but there is an error on the assessor's map, which has lot #1090 mislabeled as lot #109. The land slopes down from the road, but then levels off. There will be a deed restriction with the transfer of the property, limiting construction to 2 single family homes. Presently, there are only 2 other homes on the street.
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Listing courtesy of Linda Andrikis, West View Properties, LLC Email: linda.andrikis@gmail.com
Lots 1090,1091,1092 & 109 Roosevelt Drive, Waterbury, (Town Plot), CT, 06708
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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