485-497 Watertown Ave, Waterbury, CT
Office building with 5,200 square feet available for sale.
- Added:
- Jan 2, 2025
- Days on Market:
- 524
- Last Refresh:
- May 20 at 9:52 pm
Property Features for 485-497 Watertown Ave
General Information
- Standard status
- Active
- Size
- 5,200 SF
- Lot size
- 0.76 Acres
- Property subtype
- OFFICE
Listing agent David Theroux License #REB.0677995 (203) 753-4116
Listing office Drubner Commercial, LLC (203) 753-4116
Listing date Jan 2, 2025
Source Moodyscre
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 Drubner Commercial, LLC
HighLights
- Taxes = $4.72 PSF
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.2k | $21.00 |
| − Vacancy | −$19.7k | −$3.78 |
| EGI | $89.5k | $17.22 |
| − OpEx | −$22.4k | −$4.31 |
| NOI | $67.2k | $12.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0604
- Latitude
- 41.566
