Remodeled Apartment Near Stamford
For Sale
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269 Washington Boulevard #Apt 2, Stamford, CT 06902
Remodeled first-floor apartment in South End, near Stamford RR.
Property Size471 SF
Lot Size0.23 Acres
Days on Market421
Property Features for 269 Washington Boulevard #Apt 2
General Information
Standard status
Active
Size
471 SF
Lot size
0.23 Acres
Property subtype
Multi-Family
Amenities
Fuel: Oil
Heating: Hot Water
Gas Range
Range Hood
Refrigerator
Freezer
Water Front
Building Details
Building Size
471 SF
Year Built
1950
Listing Agency:
Stamford
Listed By:
Fiona Porter · License #0798002
(203) 434-0493
Source:
Kw
Added: Aug 26, 2025
Changed: Oct 13
Last Checked: Oct 19 at 5:22AM
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 Stamford
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Investment Insights
Based on property information with market context.
This remodeled first-floor apartment is located in the South End, a 2-minute walk from Stamford RR, offering convenient access to Manhattan. The unit features a bright living space with ample natural light. The full bathroom includes a tub with shower attachment and a window for ventilation. The bedroom has a closet. The renovated eat-in kitchen is equipped with new appliances. Coin-operated laundry facilities, including a washer and dryer, are available in the shared lower level, and additional storage space is available. One dedicated parking spot is provided in the driveway behind the house. The tenant is responsible for a fixed monthly payment of $200 to cover heat, hot water, cooking gas, and electricity. Stable work history and a credit history are required. The apartment is suitable for a maximum of two occupants. No pets are allowed.
Key Highlights
- 2‑minute walk to Stamford RR for Manhattan commute.
- Remodeled Eat‑In Kitchen with new appliances.
- Dedicated parking spot in driveway.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,106
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,120
$162.1K
Cap Rate 7%
$115,800
$115.8K
Cap Rate 9%
$90,067
$90.1K
Market Conditions
NOI Build-Up for 471 SF
Gross rent
$15.7K $33.36/SF
− Vacancy
−$974 −$2.07/SF
EGI
$14.7K $31.29/SF
− OpEx
−$6.6K −$14.08/SF
NOI
$8.1K $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%
$162,120
Cap Rate 7%
$115,800
Cap Rate 9%
$90,067
Alternative Uses
Best Use
Apartment 5plus
$115.8K
$101.3K – $135.1K
NOI $8,106 @ 7.0% cap · market cap 386.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$170.3K
$149.0K – $198.7K
NOI $11,921 @ 7.0% cap · market cap 567.67%
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
2,047
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 - Remodeled first-floor apartment in South End, near Stamford RR.
Where is this apartment building located?
The property is located at 269 Washington Boulevard #Apt 2 Stamford, CT.
What are key features of this property?
This property features: 2‑minute walk to Stamford RR for Manhattan commute.; Remodeled Eat‑In Kitchen with new appliances.; Dedicated parking spot in driveway.
