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Property profile & analytics
OFF-MARKET
Land

2 Old Middletown Rd East Hampton, CT 06424

1.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.4-acre residential lot in East Hampton, Connecticut, presents a unique opportunity for building your dream home. Located on Old Middletown Road (Lot 3B), this property boasts a completed foundation, approved for a 2030 sq ft cape log home design, and features a pre-existing septic system. The site, elevated above the road, offers seasonal views of the Connecticut River. Detailed plans are available, streamlining the construction process. The property includes a gravel entrance and is situated in a desirable wooded area between established homes. While the site requires navigating a steep incline to the foundation, minimal landscaping will be needed. The foundation and plans allow for a potential finished lower level in addition to the main 1500+ sq ft level, accommodating a multi-bedroom layout. The existing foundation and plans offer a significant head start on construction. A second adjoining lot may also be available for purchase. This property is zoned R-2 and the APN is LOT 3B Old Middletown ROAD. The asking price is $99,000. Creative financing options may be considered.

Property profile
Verified
Property type Land
Lot 1.4 ac (60,984 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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