Two-Family Residential Income
32 Hackett Circle North Stamford, CT 06906
For Sale
$950,000
Well-maintained two-family home with separate utilities, central air, and in-unit laundry in each unit.
Property Size2,210 SF
Price / SF$429.86
Days on Market19
Property Features for 32 Hackett Circle North
General Information
- Standard status
- Active
- Size
- 2,210 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1967
Listing Agency:
Keller Williams Prestige Prop.
(917) 207-4306
Listed By:
Aaron Ramkalawan
(917) 207-4306
Source:
Lockandkeyre
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 23 at 5:32AM
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.
Investment Insights
Based on property information with market context.
This two-family residential income property is well-maintained and configured with two separate units. Each unit includes a bright living/family room, a large eat-in kitchen, three bedrooms, and a full bath. Both units feature central air conditioning and in-unit washer and dryer, with separately metered gas and electric utilities for each unit.
The first-floor unit offers refinished hardwood floors and an updated eat-in kitchen with direct access to a covered rear porch. The second-floor unit includes hardwood flooring, a renovated kitchen, an oversized primary bedroom, and excellent storage. A full basement provides separate storage areas, workshop space, and additional utility access.
Outside, the property includes off-street parking and a level yard. It is located within walking distance of Downtown Stamford restaurants, shops, entertainment, parks, and the Metro-North train station, with quick access to I-95.
The first-floor unit offers refinished hardwood floors and an updated eat-in kitchen with direct access to a covered rear porch. The second-floor unit includes hardwood flooring, a renovated kitchen, an oversized primary bedroom, and excellent storage. A full basement provides separate storage areas, workshop space, and additional utility access.
Outside, the property includes off-street parking and a level yard. It is located within walking distance of Downtown Stamford restaurants, shops, entertainment, parks, and the Metro-North train station, with quick access to I-95.
Key Highlights
- Well‑maintained 2‑family home built in 1967, offering flexible owner‑occupant or investment living.
- Each unit features an approx. 1,200+ sq. ft. layout with 3 bedrooms, a full bath, and a bright living/family room.
- In‑unit laundry and central air in both units, with separately metered gas and electric utilities.
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 | $65.0k | $29.40 |
| − Vacancy | −$4.2k | −$1.91 |
| EGI | $60.8k | $27.49 |
| − OpEx | −$18.2k | −$8.25 |
| NOI | $42.5k | $19.24 |
2,210 SF · lease $29.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$543.4K
$475.4K – $633.9K
NOI $38,035 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$799.1K
$699.2K – $932.3K
NOI $55,936 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with separate utilities, central air, and in-unit laundry in each unit.
Where is this duplex located?
The property is located at 32 Hackett Circle North Stamford, CT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home built in 1967, offering flexible owner‑occupant or investment living.; Each unit features an approx. 1,200+ sq. ft. layout with 3 bedrooms, a full bath, and a bright living/family room.; In‑unit laundry and central air in both units, with separately metered gas and electric utilities.
