Updated Apartment in Downtown
For Sale
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21 Quintard Terrace #2nd Floor, Stamford, CT 06902
Updated 3-bedroom apartment in a convenient downtown Stamford location.
Property Size2,839 SF
Lot Size0.21 Acres
Days on Market241
Property Features for 21 Quintard Terrace #2nd Floor
General Information
Standard status
Active
Size
2,839 SF
Lot size
0.21 Acres
Property subtype
Multi-Family
Amenities
Fuel: Gas In Street
Cooling: Wall Unit
Heating: Hot Water
Oven/Range
Refrigerator
Washer
Dryer
Building Details
Building Size
2,839 SF
Year Built
1922
Listing Agency:
Keller Williams Prestige Prop.
Listed By:
Jacqueline Yeap · License #RES
(917) 302-7916
Source:
Kw
Added: Feb 21
Changed: Oct 19
Last Checked: Oct 19 at 3:40AM
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 Keller Williams Prestige Prop.
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Investment Insights
Based on property information with market context.
This is a completely updated apartment unit featuring 3 bedrooms and 1 bathroom. It is situated in a convenient downtown Stamford location. The unit includes newer kitchen appliances, beautiful hardwood floors, and newer windows. The apartment benefits from ample sunlight, creating a warm and inviting atmosphere. Its location provides convenient access to shopping, dining, entertainment, I-95, and the train.
Key Highlights
- Extremely convenient downtown Stamford location: Minutes to shopping, dining, entertainment, I‑95, and the train.
- Completely updated 3 bedroom apartment.
- Newer kitchen appliances.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,860
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,200
$977.2K
Cap Rate 7%
$698,000
$698.0K
Cap Rate 9%
$542,889
$542.9K
Market Conditions
NOI Build-Up for 2,839 SF
Gross rent
$94.7K $33.36/SF
− Vacancy
−$5.9K −$2.07/SF
EGI
$88.8K $31.29/SF
− OpEx
−$40.0K −$14.08/SF
NOI
$48.9K $17.21/SF
Area
Stamford, CT
Vacancy
6.20%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$977,200
Cap Rate 7%
$698,000
Cap Rate 9%
$542,889
Alternative Uses
Best Use
Apartment 5plus
$698.0K
$610.8K – $814.3K
NOI $48,860 @ 7.0% cap · market cap 1,480.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$898.2K – $1.20M
NOI $71,856 @ 7.0% cap · market cap 2,177.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,262
Businesses Nearby
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Business Placement
Demographics for 06902, CT
69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
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
Frequently Asked Questions
What type of property is this?
Apartment building - Updated 3-bedroom apartment in a convenient downtown Stamford location.
Where is this apartment building located?
The property is located at 21 Quintard Terrace #2nd Floor Stamford, CT.
What are key features of this property?
This property features: Extremely convenient downtown Stamford location: Minutes to shopping, dining, entertainment, I‑95, and the train.; Completely updated 3 bedroom apartment.; Newer kitchen appliances.
