Two-Family Duplex with Detached
For Sale
$399,900
Pending
109 Hartley Dr, Waterbury, CT 06705
Each level has three bedrooms, rear decks, and newer first-floor furnace and central air systems.
Property Size2,392 SF
Lot Size0.31 Acres
Days on Market55
Property Features for 109 Hartley Dr
General Information
Standard status
Pending
Size
2,392 SF
Total Parking Spaces
2
Lot size
0.31 Acres
Property subtype
Multi-Family
Additional Details
Road Access
Yes
Multifamily Units
2
Amenities
large rear decks
Building Details
Year Built
1968
Listing Agency:
Advantage Realty Group, Inc.
Listed By:
Judith Caputo (203) 755-4015 (203) 755-4015 · License #REB.0751026
(203) 509-1151
Source:
Jaida.mappmyhome
Added: Aug 24
Changed: Oct 10
Last Checked: Oct 16 at 9:37AM
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 Advantage Realty Group, Inc.
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Investment Insights
Based on property information with market context.
Built in 1968, this two-family duplex contains 2392 SF of living space with three bedrooms on each floor. The property includes large rear decks and a detached two-car garage with an attached carport. The first-floor unit has a newer furnace and central air conditioning.
Set on a .31-acre lot, the home is the last residence on a no-thru street in Waterbury’s East End near the Prospect line. The configuration provides two distinct residential levels with substantial bedroom capacity and dedicated garage and carport space.
Set on a .31-acre lot, the home is the last residence on a no-thru street in Waterbury’s East End near the Prospect line. The configuration provides two distinct residential levels with substantial bedroom capacity and dedicated garage and carport space.
Key Highlights
- Two‑family duplex with 3 bedrooms on each floor
- 2392 SF of living space
- Detached 2‑car garage with carport
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,949
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,980
$539.0K
Cap Rate 7%
$384,986
$385.0K
Cap Rate 9%
$299,433
$299.4K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$41.6K $17.40/SF
− Vacancy
−$3.1K −$1.31/SF
EGI
$38.5K $16.10/SF
− OpEx
−$11.5K −$4.83/SF
NOI
$26.9K $11.27/SF
Area
Waterbury, CT
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,980
Cap Rate 7%
$384,986
Cap Rate 9%
$299,433
Alternative Uses
Best Use
Multifamily LT 5
$385.0K
$336.9K – $449.2K
NOI $26,949 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$346.8K
$303.5K – $404.6K
NOI $24,278 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$634.8K
$555.4K – $740.6K
NOI $44,434 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
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Business Placement
Demographics for 06705, CT
27,197
Population
12,222
Households
2.2
Avg Household Size
38
Median Age
18%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
4,857
Density / Sq Mi
$53,169
Median Household Income
$41,327
Median Earnings
$1,165
Median Rent
$177,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each level has three bedrooms, rear decks, and newer first-floor furnace and central air systems.
Where is this duplex located?
The property is located at 109 Hartley Dr Waterbury, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms on each floor; 2392 SF of living space; Detached 2‑car garage with carport
