4 3rd Street, Madison, CT 06443

$169,900 Asking Price

1 bed
1 bath
400  sqft
Built in 1950

SELLER WILL PAY 2025 LAND RENTAL FEE IF SALE CLOSES BY OCTOBER 31, 2024! Simply ADORABLE! Seasonal (7 Mo) occupancy cottage in the gorgeous shoreline town of Madison, CT. Don't be fooled by the square footage- this place has it all! Brand new retro appliances (including W/D), gorgeous newly wall papered bedroom, extra sleeping area for guest(s), and a child-sized loft for the perfect "secret" get-away! The LARGE newly built deck, outdoor shower, and fully fenced in private back yard provide a tranquil, amazing outdoor oasis. Don't miss your chance to spend time living at this very special hide-away. Cottage is in Young's Village, a cluster of homes on leased land on the edge of Hammonasset State Park. The beach is accessible by a one-mile, easily navigated path. You pay a yearly land fee and taxes ($5,300 in 2024), that are less than a typical two-week summer rental in Madison! Buyer is subject to land owner rules and approval. There are NO RENTALS, and purchases are cash only, as mortgages are difficult to obtain for properties on leased land. Young's Village is the only one of the three area villages to offer an optional 50 yr lease (6% sale price).

Features & Amenities

Interior

General:
Cable - Available
Appliances:
Electric Range,Microwave,Refrigerator,Washer,Dryer
Basement:
None
A/C:
Ceiling Fans,Wall Unit
Heating:
Other
Fireplace:
Fireplaces: 0

Exterior

General:
Shed,Awnings,Deck,Garden Area
Style:
Cottage

Construction

Roofing:
Asphalt Shingle

Location

County:
New Haven

Lot

Zoning:
R2, 999999999

Utilities

Water:
Public Water Connected
Sewer:
SharedSeptic

Financial

Exclusions:
Personal contents in shed

This listing courtesy of:
www.HomeZu.com, Jason Saphire

About Madison, CT

Housing

Number of Units
8,039
Median Home Value
$444,044
Median Rent
$1,120

16.01% of housing units are renter occupied.

13.32% are vacant.

Commute

Car
57.24%
Public Transportation
2.19%
Walk to Work
0.45%
Work from Home
38.36%
Other
0.92%

The median travel time to work is 20 minutes.

People

Population
17,641
Median Age
49.40
Median Household Size
2.79

Education

High School
15.03%
Associate’s Degree
5.94%
Bachelor’s Degree
34.23%
Graduate Degree
30.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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