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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1 Chase Rd , Sturbridge, MA 01566
$1,500,000
Est. Payment: $3,333.33/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 585
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K01527 - K0001427
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House Description

Chase Road was previously approved for a 71 unit Multiple Dwelling Project. 24 acres for the town house style homes and 12 acres of open space on a 450 foot cul-de-sac. On the corner of Hall Road and Chase Rd. is a 2.4 acre commercial lot. This property is ideally situated, 1/2 mile to the on ramp to I84 and I90 behind Wendie's on Rt. 20. Providing exceptional access to Route 49, Rt. 20, Rt. 148, Tr. 131, I84 and I 90, making the property very accessible throughout Central New England. All interested parties must conduct an independent investigation as to the feasibility of this site and determine its maximum building potential. Southern Worcester county has a great need for market rate, 55+ apartment rentals and assisted living. Zoned for market rate OSRD, 55+ community, assisted living, nursing home, hospital, 40B, single family attached, SF rental or any combination thereof with town approval. Subsurface explorations - 17 soil test borings & 51 test pits.

Highlights

Listed by David Bruce Ford , 508-269-4370 RE/MAX Prof Associates , 508-347-9595.

Property Type

Vacant Land

Lot/Acreage
36

County

Worcester

Listing ID

73333739

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public,At Street

Exterior Features

Lot:Easements,Level,Rolling Slope,Wooded,Additional Land Available,Cul-De-Sac,Storm Drains,1 to 2 Mile To Beach
Zoning:Comm, & RR
Sewer:Public Sewer,At Street
Principal Interest
$3,333
Taxes
$956

Home Price

$1,500,000

Loan Details

30 yrs
%

Down Payment

20%
$300,000
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Monthly Price:
$3,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,333.33 $956.25 $0.00 $4,289.58
Yearly $40,000.00 $11,475.00 $0.00 $51,475.00
Total $1,200,000.00 $344,250.00 $0.00 $1,544,250.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Sturbridge, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.