2-Unit
New
For Sale
$495,000
105 Beacon St, Hartford, CT 06105
Two apartments offer separate two- and four-bedroom configurations in a remodeled residential property.
Property Size2,788 SF
Price / SF$177.55
Days on Market5
Property Features for 105 Beacon St
General Information
Standard status
Active
Size
2,788 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/1BA
Multifamily Units
2
Building Details
Year Built
1910
Buildings
1
Stories
2
Listing Agency:
VC Property Group, LLC
Listed By:
Anthony Velez (860) 300-3102 (860) 300-3102 · License #REB.0795536
(860) 300-3102
Source:
Rhodeislandhomesforsale
Added: Sep 23
Changed: Sep 26
Last Checked: Sep 26 at 2:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VC Property Group, LLC
Investment Insights
Based on property information with market context.
This 2,788-square-foot duplex, built in 1910, contains two apartments. The first-floor unit has two bedrooms and one bathroom; the second-floor apartment has four bedrooms and one bathroom. The property has been remodeled, with updates to both units.
The building is in Hartford’s West End, near restaurants, shopping, parks, schools, public transportation, and major highways.
The building is in Hartford’s West End, near restaurants, shopping, parks, schools, public transportation, and major highways.
Key Highlights
- 2,788‑square‑foot duplex built in 1910
- First‑floor apartment has 2 bedrooms and 1 bathroom
- Second‑floor apartment has 4 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,938
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$818,760
$818.8K
Cap Rate 7%
$584,829
$584.8K
Cap Rate 9%
$454,867
$454.9K
Market Conditions
NOI Build-Up for 2,788 SF
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.
Gross rent
$61.9K $22.20/SF
− Vacancy
−$3.4K −$1.22/SF
EGI
$58.5K $20.98/SF
− OpEx
−$17.5K −$6.29/SF
NOI
$40.9K $14.68/SF
Area
Hartford, CT
Vacancy
5.51%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$818,760
Cap Rate 7%
$584,829
Cap Rate 9%
$454,867
Alternative Uses
Best Use
Multifamily LT 5
$584.8K
$511.7K – $682.3K
NOI $40,938 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$537.3K
$470.2K – $626.9K
NOI $37,614 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$831.0K
$727.2K – $969.5K
NOI $58,172 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,828
Businesses Nearby
Explore this area
Business Placement
Demographics for 06105, CT
18,803
Population
11,705
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
8,175
Density / Sq Mi
$41,235
Median Household Income
$39,775
Median Earnings
$1,100
Median Rent
$365,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer separate two- and four-bedroom configurations in a remodeled residential property.
Where is this duplex located?
The property is located at 105 Beacon St Hartford, CT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,788‑square‑foot duplex built in 1910; First‑floor apartment has 2 bedrooms and 1 bathroom; Second‑floor apartment has 4 bedrooms and 1 bathroom
