Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Colonial Apartment with Acreage Title is generated by Realmo AI

    144 Munn Rd, Southbury, CT 06488

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,000 /Mo

    One-bedroom apartment in a secluded, conveniently located colonial.

    Type:Multi Family
    Lot size:
    3.65 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    57
    Last Refresh:
    Mar 21 at 7:43 am

    Property Features for 144 Munn Rd

    General Information

    Standard status
    Active
    Lot size
    3.65 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1987

    We can help!

    Listing Contact
    Haktan Ceylan

    Listing agent Haktan Ceylan

    Listing office Coldwell Banker Realty

    Listing date Mar 24, 2026

    Source Elliman

    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 Coldwell Banker Realty

    HighLights

    • Secluded 3.65‑acre property
    • Conveniently located near Exit 15, Oxford, Southbury, and RT 8
    • Easy access to Hartford, New Haven, and NYC
    • Large Eat‑In Kitchen
    • Two good size bedrooms
    • Colonial‑style architecture

    Overview

    This is a one-bedroom apartment, identified as Unit A, within a colonial-style building. The unit features a large eat-in kitchen and a full bathroom. The property is situated on 3.65 acres, offering a secluded environment. Despite its secluded setting, the property is located close to Exit 15, the town centers of Oxford and Southbury, and Route 8. It also provides convenient access to Hartford, New Haven, and New York City.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Current Staffing Solutions Employment Agency Elite Property Maintenance Property Management Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Southbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.1709976
    Latitude
    41.4715603

    Nearby Similar for Lease

    • $18 SF/Yr
      9,441 SF

      Class A Office Space Available

      9,441 SF Class A office space for lease.
      466 Heritage Rd 4, Heritage Village, CT 06488
      View Details
    • $3,000/Mo

      Furnished Southbury Office Space

      Bright, furnished first-floor office space in Southbury with convenient access.
      1449 Old Waterbury Rd, Southbury, CT 06488
      View Details
    • $18 SF/Yr
      9,441 SF

      Class A Office Space Available

      9,441 SF Class A office space for lease.
      466 Heritage Road #4, Southbury, CT 06488
      View Details
    • $1,500/Mo
      972 SF

      Southbury Office Park Office Space

      Office spaces available in Southbury Office Park.
      33 Bullet Hill Rd, Southbury, CT
      View Details
    • $15 SF/Yr
      1,160 SF

      Turn-Key Office Space Available

      Modern office space with abundant natural light and ample parking.
      325 Main St S, Southbury, CT
      View Details
    • $800/Mo
      1,600 SF

      Garage/Storage Units with Drive-in Doors

      Garage/Storage Units with Drive-in Doors Available for Rent
      1369 Southford Rd, Southbury, CT
      View Details
    • $19 SF/Yr
      3,456 SF

      Freestanding Office Building For Rent

      3,456 SF office building in Southbury, CT, near I-84.
      1486 Southford Rd, Southbury, CT
      View Details
    • $650/Mo
      500 SF

      Southbury Office/Commercial Space For Rent

      Small office/commercial space available for rent on busy Southford Road.
      1257 Southford Rd, Southbury, CT
      View Details
    • Contact for pricing
      995 SF

      Southbury Colonial Apartment For Rent

      One-bedroom apartment in a secluded, conveniently located colonial.
      144 Munn Road, Southbury, CT 06488
      View Details
    • $18 SF/Yr
      1,200 SF

      Professional Office Space Available

      Bright office space with open floor plan for rent.
      617 S Britain Rd, Southbury, CT
      View Details
    • $15 SF/Yr
      1,180 SF

      Southbury Office Space Available

      Office space available for lease in Southbury, Connecticut.
      450 Heritage Rd, Southbury, CT
      View Details
    • $15 SF/Yr
      1,200 SF

      Southbury Office Space For Rent

      Office space available for lease in Southbury, Connecticut.
      519 Heritage Rd, Southbury, CT
      View Details

    FAQs

    What type of property is this?
    Residential income property - One-bedroom apartment in a secluded, conveniently located colonial.
    Where is this residential income property located?
    The property is located at 144 Munn Rd Southbury, CT.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Secluded 3.65‑acre property; Conveniently located near Exit 15, Oxford, Southbury, and RT 8; Easy access to Hartford, New Haven, and NYC
    (203) 917-8908
    We can help!
    Listing Contact
    Haktan Ceylan
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    144 Munn Rd, Southbury, CT 06488
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!