Two-Family Residential Income
28 Beal Street Stamford, CT 06902
28 Beal Street, Stamford, CT, 06902
$819,900
For Sale
$819,900
Two separate residences feature independent electric and gas meters and include a 2-car detached garage with off-street parking.
Property Size2,182 SF
Price / SF$375.76
Days on Market133
Property Features for 28 Beal Street
General Information
- Standard status
- Active
- Size
- 2,182 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1926
Listing agency
BHGRE Shore & Country
(914) 752-8788
Listed by
Mei Ling Cheung · License #RES.0800750
(914) 752-8788
Source
Compass
Added: Mar 12 Updated: Jul 22 at 4:57PM Checked: Jul 22 at 4:57PM
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-family residential income property offers separate living arrangements across the first and second floors. The first-floor layout includes a living room accessed from the front entrance, a spacious eat-in kitchen, and 3–4 bedrooms, with the 4th bedroom located on the lower level and connected to the laundry area and backyard access. A hallway includes a linen closet and a door to the basement, and the first-floor washer and dryer belong to the tenant. The second floor includes a living room with dining area, a private backyard entrance, two bedrooms with hardwood floors, and a laundry room with washer/dryer hookups that accesses the kitchen.
The building has separate electric and gas meters and includes a 2-car detached garage plus off-street parking. Located in the Stamford Waterside area, the property is within walking distance of Southfield Beach, which offers a playground, basketball court, two tennis courts, and a marina, with convenient access to the Stamford train, I-95, and downtown.
The building has separate electric and gas meters and includes a 2-car detached garage plus off-street parking. Located in the Stamford Waterside area, the property is within walking distance of Southfield Beach, which offers a playground, basketball court, two tennis courts, and a marina, with convenient access to the Stamford train, I-95, and downtown.
Key Highlights
- Two‑family home with independent electric and gas meters for separate residences
- 10 total rooms with multiple living spaces, including first‑floor living room opening to an eat‑in kitchen
- Laundry setup with washer/dryer access in units and hookups in the kitchen area (1st‑floor and 2nd‑floor details provided)
Local 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 | $64.2k | $29.40 |
| − Vacancy | −$4.2k | −$1.91 |
| EGI | $60.0k | $27.49 |
| − OpEx | −$18.0k | −$8.25 |
| NOI | $42.0k | $19.24 |
2,182 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$599.8K
$524.8K – $699.8K
NOI $41,987 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$536.5K
$469.4K – $625.9K
NOI $37,553 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$789.0K
$690.3K – $920.5K
NOI $55,227 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residences feature independent electric and gas meters and include a 2-car detached garage with off-street parking.
Where is this duplex located?
The property is located at 28 Beal Street Stamford, CT.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Two‑family home with independent electric and gas meters for separate residences; 10 total rooms with multiple living spaces, including first‑floor living room opening to an eat‑in kitchen; Laundry setup with washer/dryer access in units and hookups in the kitchen area (1st‑floor and 2nd‑floor details provided)
