NOT LISTED FOR SALE

11 Limerick St Stamford, CT 06902

The Cove Neighborhood
2 Beds
2 Baths
3,915 Sq Ft
0.29 Acres

Last Sold April 26, 2018

Last sale price $860,000 $220 Per Sq Ft

25 Days on Market

Highlights

  • Attic
  • 3 Car Detached Garage
  • Baseboard Heating
  • No HOA
  • Cul-De-Sac

About This Home

As of April 2018

This is not an investor property but perfect for a small contractor. The value-in-use is there for a landscaper, arborist excavator etc. who will use the garage and parking. 6-family with 1,600 SF concrete block garage (clear span, 10' interior height), large paved parking lot behind the building on dead end in the Cove area of Stamford. Easily run a quiet business out of the garage and hide a bobcat; trailer or tri-axle back there too. Bonus: basement unit adds a little more income, and two additional residential units can be added over the garage or on the end of the existing 6-family structure. Rents are a little low on some of the units. Expenses estimated at 30% of gross income. All utilities are separate and paid by tenants except taxes, insurance, common area lights and water/sewer. Taxes are only $11,500 so 30% expense ratio may be high. Building is rentable the way it is but needs TLC over time.

Last Agent to Sell the Property

Ron Czebiniak

Aegis Realty Group LLC Listed on: 02/19/2018

Last Buyer's Agent

Silvana Orsaia

BHGRE Shore & Country License #RES.0512945

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,513

Year Built

  • Built in 1870

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 3,915 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Gross Income $104,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,513

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3915
  • Public Record Living Room Sq Ft: 3915
  • Total Sq Ft: 3915
  • Year Built: 1870
  • Nearby Amenities: Park
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5220
  • Directions: Cove to Soundview to Limerick
  • Special Features: None

Interior Features

  • Attic Description: Crawl Space
  • Basement Description: Full
  • Attic: Yes

Exterior Features

  • Exterior Siding: Stucco
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 3
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2900
  • Lot Description: On Cul-De-Sac
  • Flood Zone: No
  • Zoning: R5

Multi Family

  • Gross Annual Income: 104376
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 11513
  • Mil Rate Base: 25.590
  • Mil Rate Tax District: 1.300
  • Assessor Parcel Number: 317497

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $860,000 -1.7% $220 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $875,000 -- $223 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ron Czebiniak

    Aegis Realty Group LLC

  • Silvana Orsaia

    Buyer's Agent in 2018

    Silvana Orsaia

    BHGRE Shore & Country

    (203) 249-1611

    10 in this area

    73 Total Sales

    Silvana Orsaia
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Map

Source: SmartMLS

MLS Number: 170054444

SmartMLS
Connecticut Fairfield County Stamford 06902 The Cove

11 Limerick St, Stamford, CT

Not Listed for Sale

MultiFamily

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