NOT LISTED FOR SALE

Estimated Value: $818,627 - $999,000

6 Beds
4 Baths
3,810 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $730,000 $192 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,789/month

94 Days on Market

Highlights

  • Deck
  • Finished Attic
  • No HOA
  • Property is near golf course, public transit, shops, and bus stop
  • Attic
  • Porch

About This Home

As of January 2022

Nicely updated and maintained spacious two family house with a walk up finished attic plus a full finished basement Cash flow positive on this home. First floor unit has a living room, dining room and an updated eat in kitchen. There are two spacious bedrooms and a full bath, hardwood floors throughout. Stairs down to the basement where they have use of their own washer and dryer. The second floor unit is a 2 bedroom, bath, plus an additional screened in porch turned into added bedroom space, dining room, living room and huge eat in kitchen, new carpets throughout except for the kitchen and bath. There are Shared washer and dryer in the basement. There is a full finished basement as well. with 1 bedroom and 1 bath. Full finished attic with 1 bedroom and 1 bath. This home is turn key and ready for a new owner. Tenants have moved out for the sale and buyer will get top market rents moving forward.
Walking distance to all shopping, Sprindale Train station is a 4 minute walk, convenient to I-95 and Merritt Parkway.
Rent Roll: Unit 1 Basement - 1 bed/1 bath = $1,500 | Unit 2 First Floor - 2 bed/1 bath = $2,200 | Unit 3 Second Floor - 2 bed/1 bath = $2,300 | Unit 4 - Attic -1 bed/1 bath = $1,300. Gross Income = $87,600
Expenses = taxes $9,945: Home Insurance $3,000: Maintenance, repairs, landscaping: $5,000 =
Total expenses = $17,945
Net Operating Income (NOI) = $69,655 (9% cap rate) which is unheard of in Stamford

Last Agent to Sell the Property

Evan Philippopoulos

RE/MAX Right Choice License #RES.0803382 Listed on: 09/10/2021

RE/MAX Right Choice

Last Buyer's Agent

Abdul Kader

Guy Bocicaut Real Estate License #RES.0785014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,945

Year Built

  • Built in 1929

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Awning

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Parking

  • Parking Deck
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near golf course, public transit, shops, and bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Split Air Conditioning
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 60+ Gallon Tank

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,945

Year Built

Built in 1929

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Neighborhood: Springdale
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3060
  • Public Record Living Room Sq Ft: 3060
  • Sq Ft Est Heated Below Grade: 750
  • Total Sq Ft: 3810
  • Year Built: 1929
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Rent Roll: Unit 1 Basement - 1 bed/1 bath = $1,500 | Unit 2 First Floor - 2 bed/1 bath = $2,200 | Unit 3 Second Floor - 2 bed/1 bath = $2,300 | Unit 4 - Attic -1 bed/1 bath = $1,300. Gross Income = $87,600 Expenses = taxes $9,945: Home Insurance $3,00
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5687
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up, Finished, Heated
  • Basement Description: Full With Walk-Out, Fully Finished, Heated, Cooled, Interior Access, Apartment
  • Laundry Room Location: Basement
  • Attic: Yes

Exterior Features

  • Exterior Features: Awnings, Deck, Gutters, Lighting, Patio, Porch, Shed
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Assigned Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Split System, Wall Unit, Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 80 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: R75

Multi Family

  • Unit Count: 4
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9945
  • Mil Rate Base: 25.970
  • Mil Rate Tax District: 0.480
  • Assessor Parcel Number: 318304

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Jan 6, 2022
Sold by
Behey Llc
Bought by
Khatun Rina
Seller's Agent
Evan Philippopoulos
RE/MAX Right Choice
Buyer's Agent
Abdul Kader
Guy Bocicaut Real Estate
List Price
$759,000
Sold Price
$730,000
Premium/Discount to List
-$29,000
-3.82%
Current Estimated Value
$936,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,157
Avg. Annual Appreciation
6.15%
Original Mortgage
$584,000
Outstanding Balance
$532,768
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$403,389

Purchase Details

Closed on
Jan 24, 2019
Sold by
Connelly Michael
Bought by
Behey Llc
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khatun Rina $730,000 None Available
Khatun Rina $730,000 None Available
Behey Llc -- --
Behey Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatun Rina $584,000
Closed Khatun Rina $584,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2022 01/07/22 Sold $730,000 -2.7% $192 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/08/2021 10/08/21 Price Changed $750,000 -1.2% $197 / Sq Ft
09/10/2021 09/10/21 Price Changed $759,000 0.0% $199 / Sq Ft
09/10/2021 09/10/21 For Sale $759,000 +4.0% $199 / Sq Ft
09/10/2021 09/10/21 Off Market $730,000 -- --
09/10/2021 09/10/21 For Sale $75,900 -- $20 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,655 $492,590 $205,350 $287,240
2024 $11,399 $492,590 $205,350 $287,240
2023 $12,246 $492,590 $205,350 $287,240
2022 $10,054 $375,990 $154,530 $221,460
2021 $9,945 $375,990 $154,530 $221,460
2020 $9,689 $375,990 $154,530 $221,460
2019 $9,686 $375,870 $154,530 $221,340
2018 $9,329 $375,870 $154,530 $221,340
2017 $8,459 $314,590 $143,080 $171,510
2016 $7,950 $314,590 $143,080 $171,510
2015 $7,742 $314,590 $143,080 $171,510
2014 $7,484 $314,590 $143,080 $171,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170436334

SmartMLS

APN: STAM-000000-000000-006412

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