Two-Unit Duplex with
New
For Sale
$699,000
361 Glenbrook, Stamford, CT 06906
Separate residences include a three-bedroom home and a one-bedroom apartment, with basement space and multiple garage areas.
Property Size2,296 SF
Price / SF$304.44
Days on Market3
Property Features for 361 Glenbrook
General Information
Standard status
Active
Size
2,296 SF
Property subtype
2 Family
Property Condition
Severity
Repairs Needed
Evidence
In need of a refresh with some rehab
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Year Built
1930
Listing Agency:
William Raveis Real Estate
(203) 869-9263
Listed By:
Eileen Zawatski · License #REB.0789325
(203) 536-8129
Source:
Lockandkeyre
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 10:47AM
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 Raveis Real Estate
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Investment Insights
Based on property information with market context.
This duplex contains two residences: one with three bedrooms and two bathrooms, and another with one bedroom and one bathroom. A large basement provides additional space, while garage parking includes a two-car tandem area beneath the house and a separate detached garage. Built in 1930, the property is zoned R75 and is being sold as-is, with updates and rehabilitation needed.
The property is on Glenbrook Road in Stamford, near a school, places of worship, and a bus stop.
The property is on Glenbrook Road in Stamford, near a school, places of worship, and a bus stop.
Key Highlights
- Two residences: one with 3 bedrooms and 2 bathrooms, and one with 1 bedroom and 1 bathroom
- Two‑car tandem garage beneath the house, plus a detached garage
- Large basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,180
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,600
$883.6K
Cap Rate 7%
$631,143
$631.1K
Cap Rate 9%
$490,889
$490.9K
Market Conditions
NOI Build-Up for 2,296 SF
Gross rent
$67.5K $29.40/SF
− Vacancy
−$4.4K −$1.91/SF
EGI
$63.1K $27.49/SF
− OpEx
−$18.9K −$8.25/SF
NOI
$44.2K $19.24/SF
Area
Stamford, CT
Vacancy
6.50%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$883,600
Cap Rate 7%
$631,143
Cap Rate 9%
$490,889
Alternative Uses
Best Use
Multifamily LT 5
$631.1K
$552.3K – $736.3K
NOI $44,180 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$564.5K
$493.9K – $658.6K
NOI $39,515 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$830.2K
$726.4K – $968.5K
NOI $58,112 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
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Business Placement
Demographics for 06906, CT
9,902
Population
3,727
Households
2.7
Avg Household Size
38
Median Age
47%
College-Educated
80%
High-School Grad
1.3 sq mi
ZIP Area
7,617
Density / Sq Mi
$91,710
Median Household Income
$45,518
Median Earnings
$2,207
Median Rent
$576,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences include a three-bedroom home and a one-bedroom apartment, with basement space and multiple garage areas.
Where is this duplex located?
The property is located at 361 Glenbrook Stamford, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 2 bathrooms, and one with 1 bedroom and 1 bathroom; Two‑car tandem garage beneath the house, plus a detached garage; Large basement
