355 Hope Street Stamford, CT 06906
A two-family home with two 3-bedroom units, separate utilities, and an oversized lot with abundant parking.
- Added:
- Jul 1, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 9 at 1:55 am
Property Features for 355 Hope Street
General Information
- Standard status
- Active
- Size
- 2,888 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1920
Listing office William Pitt Sotheby's Int'l (203) 249-4585
Listing date Jul 1, 2026
Source Lockandkeyre
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 William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
The home is located at 355 Hope Street in Stamford, CT, near the Glenbrook train station, supporting convenient commuter access.
The existing layout provides independent unit living and the option to make use of the attached detached garage loft area, while the exterior parking and detached structure add practicality for daily operations and tenants.
Key Highlights
- Two‑family home built in 1920 with two large 3‑bedroom units
- Separate utilities for each unit
- Rental income listed as $2,000/mo for the first floor and $2,500/mo for the second floor
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 | $84.9k | $29.40 |
| − Vacancy | −$5.5k | −$1.91 |
| EGI | $79.4k | $27.49 |
| − OpEx | −$23.8k | −$8.25 |
| NOI | $55.6k | $19.24 |
