Property profile

43 Groveland Ave Putnam, CT 06260

FOR SALE
Land
Property ID
US15-0815878
0.42 ac lot
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Property summary

AI-generated overview

This exceptional 0.42-acre lot at 43 Groveland Avenue in Putnam, Connecticut, presents a unique opportunity for residential development. Approved for building, this R10-zoned parcel offers the flexibility to construct a single-family home or explore multi-family possibilities. Enjoy breathtaking views overlooking downtown Putnam, extending to South Woodstock, making this an ideal location to watch the annual Fourth of July fireworks. The property boasts convenient access to major shopping centers, diverse eateries, and the renowned Putnam Antique District. Its proximity to Interstate 395 ensures effortless commuting. Infrastructure is readily available, with city water, sewer, and power conveniently located at the property's base. Significant site preparation has already been completed. A rough driveway is in place, and the homesite was excavated and cleared in 2011, although some light regrowth remains. The asking price for this remarkable property is $67,000. Don't miss this chance to build your dream home in a desirable location with stunning views and convenient amenities. This is a truly exceptional opportunity in Windham County, CT, zip code 06260.

Property profile

Verified
Property type Land
Lot 0.42 ac (18,295 SF)
UPID US15-0815878

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

43 Groveland Ave Putnam, CT 06260
Putnam metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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