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375 Drozdyk DriveGroton, CT 06340MLS Number N10234595

  • Price: $3,800,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 17.61Acreage
  • ResidentialZoning

This property is nearly 18 acres and zoned for multi-family residential development (RMF-12), although a wide variety of uses is allowed by right or by special permit, including assisted living, active senior housing, residential counseling, and religious and educational facilities. The undeveloped property is between The Ledges Apartments and Windham Falls Estates senior living community, with access to all utilities. The property was approved for 213 units in 2005 by the owners who are offering the property unapproved or they will take the property through planning and zoning again for a higher sale price. The property value benefits from increased demand for housing by growing local employers, including the nearby submarine base. Visibility from and convenient access to I-95, close to Groton Square and Groton Shopping Centers.

Listed by Gregory F. Walwer of Academic Co-Realty Services

Driving Directions

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

More Info

Basic Information

  • Acreage17.61
  • StatusACT
  • List Price$3,800,000
  • Broker NameAcademic Co-Realty Services
  • HoaNo
  • Property subtypeResidential Land
  • Property TypeLots and Land For Sale
  • MLS NumberN10234595

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo

Other

  • ZoningResidential
  • Fha approvedNo
  • Lease purchaseNo
  • SubdividableNo
  • Documents AvailableBuilding Plan, Photo/Survey, Topographical Survey
  • View Count1

Tax Information

  • Taxes$13,901
  • Milrate total21.73
  • Tax YearJuly 2016-June 2017
  • Assessed value$639,730

Property

  • Lot DescriptionRolling, Some Wetlands, Wooded
  • Garages0
  • Development statusSite Plan
  • LotimprovementsNone
  • Parking Spaces0
  • FloodzoneNo
  • Road Frontage585
  • Road Frontage DescriptionPaved Road, Municipal Street
  • SwimmingpoolNo

School Information

  • High SchoolFitch Senior

Location

  • StateCT
  • Building Number375
  • StreetDrozdyk
  • TownGroton
  • Zip06340
  • CountyNew London

Utilities

  • Utilities availableCable, Electric, Gas, None/Unknown, Telephone
  • Water sourcePublic Water In Street
  • Fuel tank locationAbove Ground
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer In Street

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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