Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    38b Putnam Grn, Unit T Greenwich, CT 06830

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern, updated townhouse-style apartment with stainless steel appliances and on-site parking.

    Lot size:
    4.00 Acres

    Property Features for 38b Putnam Grn

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres
    Exterior features
    Water Front
    Interior features
    Fuel: Electric, Cooling: Wall Unit, Heating: Baseboard, Electric Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer

    Building Details

    Year built
    1976

    We can help!

    Listing Contact
    (203) 461-9841
    Source: Kw

    Listing Agency: Jarah Tuttle Listing Agent: (203) 461-9841

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

    Learn more

    Overview

    Updated Townhouse Apartment in Greenwich

    This updated townhouse-style apartment is located in a garden-style community, offering a blend of modern comfort and Greenwich charm. The apartment features new, modern stainless steel appliances, including a brand new washer and dryer. Stylish finishes and a bright, open layout complement the gleaming hardwood floors throughout the unit. Air conditioning is included. A private patio offers a peaceful residential setting surrounded by greenery. The property is located minutes away from restaurants, cafes, boutique shopping, art galleries, and entertainment. Commuters benefit from easy access to Greenwich Avenue, I-95, and the Metro North train station for trips to NYC. On-site parking is included.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwich
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.649869
    Latitude
    41.013236

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Greenwich

      Discover many ways to work your way in Greenwich
      500 Putnam Ave, Greenwich, CT 06831
      View Details
    • Contact for pricing

      CT, Greenwich - W Putnam Ave

      Workspaces, services and support to help you work better in Downtown Alamo Corporate Center
      177 Putnam Ave, Greenwich, CT 06831
      View Details
    • $750 /Mo

      Workstation in Glenville Business Lofts

      Workstation for rent with parking and terrace access.
      263 Glenville Rd, Glenville, CT 06831
      View Details
    • $6,892 /Mo

      Greenwich Medical Office Space Available

      Medical office space for lease in thriving Greenwich community.
      7 Riversville Rd, Greenwich, CT 06831
      View Details
    • $1,750 /Mo

      Downtown Glenville Private Office Space

      Prime office space in downtown Glenville with easy access.
      263 Glenville Rd, Glenville, CT 06831
      View Details
    • $6,000 /Mo

      Downtown Byram Retail Space Available

      1,279 SF storefront in a vibrant commercial corridor.
      13 N Water St, Greenwich, CT 06830
      View Details
    • $8,000 /Mo

      Retail Space in Byram

      2,104 SF retail space ready for customization in Byram.
      10 N Water St, Greenwich, CT 06830
      View Details
    • Contact for pricing

      Medical Office Sublease Opportunity

      Medical office space for sublease in Greenwich, available through 2032.
      Greenwich, CT 06870
      View Details
    • Contact for pricing

      Turnkey Office Suite Sublease

      Recently built, fully furnished office suite in corporate campus.
      Greenwich, CT 06831
      View Details
    • $3,500 /Mo
      2,841 SF

      Greenwich Office Space For Rent

      Private 2nd floor office space available in Greenwich, Connecticut.
      1155 East Putnam Ave, Greenwich, CT 06878
      View Details
    • Contact for pricing
      150,648 SF

      Greenwich Office Sublease Opportunity

      171,926 RSF office space available for sublease in Greenwich.
      1 American Ln, Greenwich, CT 06831
      View Details
    • Contact for pricing
      7,294 SF

      Boutique Office Building Renovation

      Boutique office building for rent undergoing gut renovation.
      30 E Elm St, Greenwich, CT 06830
      View Details

    FAQs

    What type of property is this?
    Residential income property - Modern, updated townhouse-style apartment with stainless steel appliances and on-site parking.
    Where is this residential income property located?
    The property is located at 38b Putnam Grn, Unit T Greenwich, CT.
    What are key features of this property?
    This property features: - Convenient Commute: Easy access to Greenwich Ave, I-95, and Metro North train station for quick trips to NYC.; - Updated Interior: Features new chef's modern stainless steel appliances (including washer/dryer), stylish finishes, and a bright, open layout.; - Private Outdoor Space: Includes a private patio surrounded by lush greenery.
    (203) 461-9841
    Request Owner's contact information
    38b Putnam Grn, Unit T Greenwich, CT 06830
    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.
    38b Putnam Grn, Unit T
    Greenwich, CT 06830
    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
    38b Putnam Grn, Unit T Greenwich, CT 06830
    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
    (203) 461-9841
    (203) 461-9841
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!