Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    62 Chestnut Street Ext, Unit 27 Danbury, CT 06810

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,450 /Mo

    Two-bedroom townhouse with in-unit laundry, near amenities.

    Lot size:
    3.31 Acres

    Property Features for 62 Chestnut Street Ext

    General Information

    Lot size
    3.31 Acres

    Building Details

    Year built
    2010

    We can help!

    Listing Contact
    Thomas Consalvo
    Source: Elliman

    Listing Agent: Thomas Consalvo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spacious Townhouse with 2-Car Garage

    This spacious townhouse in Danbury features 2 bedrooms and 1.5 bathrooms. The property offers a functional layout with potential for customization. It includes an in-unit washer and dryer and a 2-car garage. The townhouse provides generous living space and is conveniently located near shopping, restaurants, and major highways. The landlord is flexible on rent concessions and price, presenting an opportunity for the right tenant. Qualified applicants may receive one month free.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.43644
    Latitude
    41.39823

    Nearby Similar for Lease

    • $2,500 /Mo
      2,500 SF

      Turnkey Fitness Studio For Lease

      2,500 sq ft fitness studio available for lease.
      3 Dunham Dr, New Fairfield, CT 06812
      View Details
    • $20 SF/Yr
      1,140 SF

      Prime Retail/Office Space Available

      Sought-after retail and business location in New Fairfield.
      100 Rte, New Fairfield, CT
      View Details
    • $22 SF/Yr
      3,510 SF

      Class A Office Space Available

      Premium office building with modern amenities and convenient location.
      44 Old Ridgebury Rd, Danbury, CT 06810
      View Details
    • $19 SF/Yr
      3,008 SF

      Danbury Class A Office Space

      Class A office space for lease in Danbury, Connecticut.
      4 Mountainview Ter, Danbury, CT 06810
      View Details
    • $13 SF/Yr
      40,520 SF

      Industrial and Office Space Near Airport

      Prime industrial and office property near Danbury Airport for lease.
      52 Miry Brook Rd, Danbury, CT 06810
      View Details
    • $1,575 /Mo

      Renovated Apartment in Danbury Center

      Recently renovated one-bedroom apartment in convenient Danbury location.
      31 Lake Ave, Danbury, CT 06810
      View Details
    • $6,950 /Mo
      1,300 SF

      Danbury Retail/Automotive Property For Lease

      High-traffic location suitable for retail or automotive businesses.
      79 Federal Rd, Danbury, CT 06811
      View Details
    • $12 SF/Yr
      4,500 SF

      New Fairfield Flex Space Available

      4,500 SF flex space suitable for warehouse or retail.
      3 Dunham Dr, New Fairfield, CT 06812
      View Details
    • $11 SF/Yr
      119,500 SF

      Salame Plaza: Danbury Office Space

      Versatile Danbury spaces available.
      127-131 West St, Danbury, CT 06810
      View Details
    • $20 SF/Yr
      19,929 SF

      Retail and Office Center

      Retail and office spaces available in New Fairfield, CT.
      100 State Route 37, New Fairfield, CT 06812
      View Details
    • $15 SF/Yr
      6,400 SF

      Danbury Office Space for Lease

      Prime Westside Danbury Office Suites
      103 Mill Plain Rd, Danbury, CT 06811
      View Details
    • $16 SF/Yr
      11,103 SF

      Danbury Office Space Available

      Modern Office Suites, Great Location
      18 Great Plain Rd, Danbury, CT 06810
      View Details

    FAQs

    What type of property is this?
    Specialty property - Two-bedroom townhouse with in-unit laundry, near amenities.
    Where is this specialty property located?
    The property is located at 62 Chestnut Street Ext, Unit 27 Danbury, CT.
    What are key features of this property?
    This property features: - One month free rent offered for qualified applicants.; - Landlord is flexible on rent concession and price.; - Enjoy the convenience of a 2-car garage.
    (203) 775-5000
    Request Owner's contact information
    62 Chestnut Street Ext, Unit 27 Danbury, CT 06810
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    62 Chestnut Street Ext, Unit 27
    Danbury, CT 06810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    62 Chestnut Street Ext, Unit 27 Danbury, CT 06810
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Thomas Consalvo
    (203) 775-5000
    Learn more
    Google sign-in failed. Please try again or use another login method.