Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2 Silver Ridge Ln Naugatuck, CT 06770

    Sponsored
    For Sale
    $50,000

    LAND - Naugatuck, CT

    Lot size:
    0.20 Acres
    Days on Market:
    26
    Last Refresh:
    Feb 24 at 7:06 pm

    Property Features for 2 Silver Ridge Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R8
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Phone Available, Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Zach Nichols

    West View Properties, LLC (203) 228-7564

    Listing agent Zach Nichols (860) 274-7838

    Listing date Jan 30, 2026

    MLS# 24139493

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Established Community

    Located in an established community, these building lots on Silver Ridge Lane offer the opportunity for new construction. The subdivision is designed with a thoughtful layout and is conveniently situated for commuters, providing both seclusion and accessibility to interstates. There are 13 building lots available. Upon completion of a custom home, the neighborhood's HOA covers yard maintenance, trash fees, water and sewer services, and exterior insurance. The shovel-ready lots have building approvals in place, with utilities already run to the home sites. The subdivision features city water and sewer, underground electric infrastructure, and propane heat. The location provides proximity to amenities such as the Hop Brook Golf course, Hop Brook Lake/Park, a bridle running trail, and Baummer's pond with a walking path, fishing, picnic areas, basketball/tennis courts, and a playground. A short drive to the revitalized downtown area offers shopping, athletic fields, restaurants, nightlife, and access to Metro-North's Naugatuck station, providing access to Grand Central. The property is located in Naugatuck, CT.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naugatuck
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.061006
    Latitude
    41.507853

    Nearby Similar for Sale

    • $425,000
      Pending

      Naugatuck Ranch with Multi-Use Zoning

      4-acre ranch in Naugatuck, CT, with special zoning designation.
      848 New Haven Rd, Naugatuck, CT 06770
      View Details
    • New
      $399,000
      1,362 SF

      Renovated Two-Family Home

      Fully renovated two-family home with modern amenities and convenient location.
      44 Arch St, Naugatuck, CT 06770
      View Details
    • $294,900
      Pending

      Naugatuck Two-Family House For Sale

      Two-family house in Naugatuck, Connecticut, with investor potential.
      150 Scott St, Naugatuck, CT 06770
      View Details
    • $390,000
      3,080 SF

      Naugatuck Two-Family Investment Opportunity

      Two-family property in Naugatuck with income and value-add potential.
      231 N Main St, Naugatuck, CT 06770
      View Details
    • $374,900

      Well-Maintained West Side Two-Family

      Two-family home with detached garage, great for owner-occupants or investors.
      63 New St, Naugatuck, CT 06770
      View Details
    • $400,000

      Naugatuck Renovated Two-Family Home

      Newly renovated, sunny two-family home in Naugatuck.
      23 Salem St, Naugatuck, CT 06770
      View Details
    • $79,900

      Naugatuck Mobile Home For Sale

      Charming 2-bedroom mobile home in a peaceful Naugatuck community.
      92A Thunderbird Dr, Naugatuck, CT 06770
      View Details
    • $369,000

      Updated Home Ready to Move-In

      Updated home with modern upgrades, ready for immediate occupancy.
      223 N Main St, Naugatuck, CT 06770
      View Details
    • $415,000

      Spacious Naugatuck Multi-Family Home

      Three-unit property with updates, ample parking, and expansion potential.
      196 N Main St, Naugatuck, CT 06770
      View Details
    • $110,500

      Charming Mobile Home in Naugatuck

      Comfortable 2-bedroom mobile home in a convenient Naugatuck location.
      23 Thunderbird Dr, Naugatuck, CT 06770
      View Details
    • $1,333,000
      6,000 SF

      Liberty Bank Retail Condo

      6,000 SF NNN Lease, 6.75% Cap Rate
      333 Church St, Naugatuck, CT 06770
      View Details
    • $75,000

      Turnkey Business Opportunity in Naugatuck

      Profitable business with high visibility in a growing community.
      399 North Main St, Naugatuck, CT 06770
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Building lots available in a convenient, well-maintained Naugatuck community.
    Where is this residential land & home lot located?
    The property is located at 2 Silver Ridge Ln Naugatuck, CT.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - New construction opportunity in an established, well-maintained community.; - HOA covers yard maintenance, trash, water/sewer, and exterior insurance.; - Shovel-ready lots with building approvals and utilities already in place.
    (203) 490-8445
    Request Owner's contact information
    2 Silver Ridge Ln Naugatuck, CT 06770
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Silver Ridge Ln
    Naugatuck, CT 06770
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Silver Ridge Ln Naugatuck, CT 06770
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Zach Nichols
    (203) 490-8445 (860) 274-7838
    Learn more
    Google sign-in failed. Please try again or use another login method.