Updated Duplex in
124 Pine Hill Avenue, Stamford, CT 06906
MULTI_FAMILY - Stamford, CT
Property size:
3,034 SFLot size:
0.14 AcresPrice / SF:
$370/SF- Added:
- Apr 29, 2026
- Days on Market:
- 17
- Last Refresh:
- May 15 at 5:06 pm
Property Features for 124 Pine Hill Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 4, Basement, Bedroom 2, Bedroom 6
- Parking
- 4
- Basement
- Full
- Standard status
- Active
- Size
- 3,034 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11601
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Architectural style
- Other
Listing agent Aaron Ramkalawan (917) 207-4306
Listing office Keller Williams Prestige Prop. 2777 Summer Street, Ridgefield, CT (203) 327-6700
Listing date Apr 29, 2026
MLS# 24171182
Listing URL
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Glenbrook location, walking distance to Metro‑North train station and minutes from downtown Stamford.
- Two spacious, updated 3BR/1.5BA units with modern layouts, ideal for owner‑occupancy or investment.
- Updated kitchens with white shaker cabinetry, stainless steel appliances, and granite countertops.
- Hardwood floors, central air, and efficient gas heating throughout both units.
- Ample off‑street parking with a wide driveway and additional rear parking area.
- Large, level front lawn and expansive backyard for outdoor enjoyment and potential future enhancements.
Overview
This well-maintained and updated two-family property is located in the Glenbrook neighborhood of Stamford. The side-by-side duplex features two spacious units, each with three bedrooms and one and a half bathrooms. The functional and modern layout is suitable for both owner-occupants and investors. Each unit includes a bright living room that flows into an open-concept dining area and kitchen. The kitchens feature white shaker cabinetry, stainless steel appliances, and granite countertops. Hardwood floors are present throughout both units, which also have central air and gas heating. Each of the three bedrooms per unit offers ample closet space. The property has a clean, well-kept facade with separate entrances for each unit, a large level front lawn, and an expansive backyard suitable for outdoor activities, entertaining, or potential future enhancements. Ample off-street parking is available with a wide driveway and additional rear parking area. The property is located within walking distance of the Glenbrook Metro-North train station and minutes from downtown Stamford, Stamford Hospital, major highways, shopping, and dining. The property size is 3034 square feet and the lot size is 0.14 acres. The property is zoned R6. This is a turnkey opportunity in a prime location with strong rental and long-term upside potential.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$648.7K
NOI $58,381 @ 9.00% cap · cautious / downside scenario
Moderate
$834.0K
NOI $58,381 @ 7.00% cap · market / base-case scenario
Aggressive
$1.17M
NOI $58,381 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.2k | $29.40 |
| − Vacancy | −$5.8k | −$1.91 |
| EGI | $83.4k | $27.49 |
| − OpEx | −$25.0k | −$8.25 |
| NOI | $58.4k | $19.24 |
3,034 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$834.0K
$729.8K – $973.0K
NOI $58,381 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$745.9K
$652.7K – $870.3K
NOI $52,216 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$1.10M
$959.9K – $1.28M
NOI $76,791 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Stamford
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.529619
- Latitude
- 41.071357
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained 2-family property near Glenbrook train station.
Where is this duplex located?
The property is located at 124 Pine Hill Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Prime Glenbrook location, walking distance to Metro‑North train station and minutes from downtown Stamford.; **Two spacious, updated 3BR/1.5BA units with modern layouts, ideal for owner‑occupancy or investment.**; **Updated kitchens with white shaker cabinetry, stainless steel appliances, and granite countertops.**
