441 Opening Hill Road

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441 Opening Hill Road

Madison, CT 06443
Asking Price
$1.98M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development site located at 441 Opening Hill Road in Madison
  • Land parcel offered for sale at an asking price of $1,975,000
  • Prime residential development potential in a desirable coastal Connecticut town
  • Strategically situated with convenient access to shoreline region transit corridors
  • Suited for investors looking to expand local residential housing supply

What's Special

This parcel at 441 Opening Hill Road in Madison, Connecticut, provides a strategic acquisition for residential development. Situated within a New England coastal community known for its quiet residential character and proximity to the Long Island Sound, the property benefits from the accessibility of the shoreline region. Investors and builders can evaluate the land for single-family housing projects that align with local zoning and the established demographic profile of the Madison submarket. The site remains well-positioned for those seeking to capitalize on demand for housing within this desirable shoreline municipality. Madison maintains a steady economic environment supported by its attractiveness to commuters and local families alike. The location allows for efficient access to regional transportation corridors while preserving a semi-rural aesthetic that defines much of the area. Given the site dimensions and current market conditions, this land represents a viable addition to a residential portfolio or a dedicated development pipeline aimed at expanding the local housing stock.

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NOI
$80,000
Cap Rate
4.05%
DSCR
0.68
Underwater
Cash-on-Cash
-6.29%
Monthly Payment
$9,771.222
Annual Cash Flow
$-37,254.669

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