Duplex with Fenced
For Sale
$659,999
Pending
177 Hope, Stamford, CT 06906
Two separate residences include a two-bedroom lower unit and a one-bedroom upper apartment.
Property Size1,525 SF
Days on Market60
Property Features for 177 Hope
General Information
Standard status
Pending
Size
1,525 SF
Property subtype
2 Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
fireplace
deck
sunroom
skylights
hardwood floors
laundry
storage
fenced backyard
Building Details
Year Built
1950
Listing Agency:
BHGRE Shore & Country
(203) 504-5005
Listed By:
Kenny Clyburn · License #RES.0777390
(203) 442-3508
Source:
Lockandkeyre
Added: Aug 17
Changed: Oct 13
Last Checked: Oct 14 at 11:54PM
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 BHGRE Shore & Country
Investment Insights
Based on property information with market context.
This two-unit property at 177 Hope St in Stamford’s Glenbrook area was built in 1950 and is offered as-is. The first residence includes two bedrooms, a bathroom, living room with fireplace, kitchen with center island, deck access, and a windowed sunroom with two skylights. The upper apartment provides one bedroom, living room, kitchen, bathroom, and hardwood flooring.
A full unfinished basement adds laundry and storage space. The driveway accommodates multiple vehicles, while the large fenced backyard provides additional outdoor area. Walk Score is 80, Bike Score is 61, and Transit Score is 52. The property is positioned for an owner-occupant arrangement or separate residential use across the two units.
A full unfinished basement adds laundry and storage space. The driveway accommodates multiple vehicles, while the large fenced backyard provides additional outdoor area. Walk Score is 80, Bike Score is 61, and Transit Score is 52. The property is positioned for an owner-occupant arrangement or separate residential use across the two units.
Key Highlights
- Two‑unit property built in 1950
- First‑floor unit with 2 bedrooms, fireplace, center‑island kitchen, deck, and sunroom
- Second‑floor unit includes 1 bedroom, kitchen, bath, and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,345
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,900
$586.9K
Cap Rate 7%
$419,214
$419.2K
Cap Rate 9%
$326,056
$326.1K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$44.8K $29.40/SF
− Vacancy
−$2.9K −$1.91/SF
EGI
$41.9K $27.49/SF
− OpEx
−$12.6K −$8.25/SF
NOI
$29.3K $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%
$586,900
Cap Rate 7%
$419,214
Cap Rate 9%
$326,056
Alternative Uses
Best Use
Multifamily LT 5
$419.2K
$366.8K – $489.1K
NOI $29,345 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$374.9K
$328.1K – $437.4K
NOI $26,246 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$551.4K
$482.5K – $643.3K
NOI $38,598 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,426
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include a two-bedroom lower unit and a one-bedroom upper apartment.
Where is this duplex located?
The property is located at 177 Hope Stamford, CT.
What is the asking price?
The asking price for this property is $659,999.
What are key features of this property?
This property features: Two‑unit property built in 1950; First‑floor unit with 2 bedrooms, fireplace, center‑island kitchen, deck, and sunroom; Second‑floor unit includes 1 bedroom, kitchen, bath, and hardwood floors
