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Duplex with Detached Garage
New
For Sale
$525,000

12 Windell, Stamford, CT 06906

The interior has been stripped, with a detached garage offering additional vehicle storage.

Property Size1,924 SF
Price / SF$234.17
Days on Market4

Property Features for 12 Windell

General Information

Standard status Active
Size 1,924 SF
Property subtype 2 Family
Lease Term Listing ID: 24212493, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family

Property Condition

Severity Major Repairs Needed
Evidence completely gutted

Additional Details

Road Access Yes
Multifamily Units 2

Building Details

Building Size 1,924 SF
Year Built 1924
Listing Agency: Welcome Home Realty, LLC
Listed By: Angelo Maruca · License #REB.0755129
Source: Iverty
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 10 at 2:42AM

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 Welcome Home Realty, LLC

Investment Insights

Based on property information with market context.

This 2,242-square-foot duplex, built in 1924, has a gutted interior and a detached concrete-block garage with electric service and capacity for more than two cars. The property has a shared driveway and is located on a dead-end street in Stamford’s Glenbrook section. The sale is as-is.

Key Highlights

  • 2,242‑square‑foot duplex built in 1924
  • Detached concrete‑block garage accommodates 2+ cars and has electric service
  • Gutted interior; property offered as‑is

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,141
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,820 $862.8K
Cap Rate 7%
$616,300 $616.3K
Cap Rate 9%
$479,344 $479.3K
Market Conditions
NOI Build-Up for 2,242 SF
Gross rent
$65.9K $29.40/SF
− Vacancy
−$4.3K −$1.91/SF
EGI
$61.6K $27.49/SF
− OpEx
−$18.5K −$8.25/SF
NOI
$43.1K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,820
Cap Rate 7%
$616,300
Cap Rate 9%
$479,344

Alternative Uses

Best Use
Multifamily LT 5
$616.3K
$539.3K – $719.0K (±1% cap)
NOI $43,141 @ 7.0% cap · market cap 8.22%
Second Best
Apartment 5plus
$551.2K
$482.3K – $643.1K (±1% cap)
NOI $38,586 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$810.6K
$709.3K – $945.8K (±1% cap)
NOI $56,745 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Auto Parts Store Locksmith Bakery Tattoo & Piercing Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,032
Businesses Nearby

Demographics for 06906, CT

9,902
Population
3,727
Households
2.7
Avg Household Size
38
Median Age
47%
College-Educated
80%
High-School Grad
1.3 sq mi
ZIP Area
7,617
Density / Sq Mi
$91,710
Median Household Income
$45,518
Median Earnings
$2,207
Median Rent
$576,200
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The interior has been stripped, with a detached garage offering additional vehicle storage.
Where is this duplex located?
The property is located at 12 Windell Stamford, CT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,242‑square‑foot duplex built in 1924; Detached concrete‑block garage accommodates 2+ cars and has electric service; Gutted interior; property offered as‑is
More about this property
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