Two-Family Corner Lot
215 Boyden Street Waterbury, CT 06704
For Sale
$390,000
Well-maintained two-family property with new roof, gas heating, and detached two-car garage on a corner lot.
Property Size1,805 SF
Price / SF$216.07
Days on Market25
Property Features for 215 Boyden Street
General Information
Standard status
Active
Size
1,805 SF
Property subtype
Multi-Family / 2 Family
Building Details
Year Built
1909
Listing Agency:
Regency Real Estate, LLC
(203) 910-8618
Listed By:
Lynn M LaForme · License #RES.0763972
(203) 910-8618
Source:
Compass
Added: Jul 6
Changed: Jul 21
Last Checked: Jul 29 at 1:59PM
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 Regency Real Estate, LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family home is positioned on a corner lot and elevated atop a gentle knoll. The property features a new roof and updated mechanicals including gas furnaces and gas hot water heaters, along with thoughtful updates throughout. A detached two-car garage provides additional off-street parking and storage for day-to-day convenience.
The home is described as being just minutes from shopping, restaurants, hospitals, schools, and public transportation, with access to major commuter routes. The overall configuration and location make it suitable for an owner-occupant or as an income-oriented investment.
The home is described as being just minutes from shopping, restaurants, hospitals, schools, and public transportation, with access to major commuter routes. The overall configuration and location make it suitable for an owner-occupant or as an income-oriented investment.
Key Highlights
- Two‑family home built in 1909 on a corner lot
- New roof and gas heating, with gas hot water heaters
- Walk‑up attic and 7 total rooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $17.40 |
| − Vacancy | −$2.4k | −$1.31 |
| EGI | $29.1k | $16.10 |
| − OpEx | −$8.7k | −$4.83 |
| NOI | $20.3k | $11.27 |
1,805 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.5K
$254.2K – $338.9K
NOI $20,336 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$261.7K
$229.0K – $305.3K
NOI $18,320 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$479.0K
$419.1K – $558.8K
NOI $33,530 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family property with new roof, gas heating, and detached two-car garage on a corner lot.
Where is this duplex located?
The property is located at 215 Boyden Street Waterbury, CT.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑family home built in 1909 on a corner lot; New roof and gas heating, with gas hot water heaters; Walk‑up attic and 7 total rooms
