Remodeled Duplex with Finished
New
For Sale
$529,900
52 Wilson St, Waterbury, CT 06708
Two residential units offer updated kitchens, new baths, hardwood accents, and off-street parking.
Property Size2,015 SF
Price / SF$262.98
Days on Market2
Property Features for 52 Wilson St
General Information
Standard status
Active
Size
2,015 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
finished attic
yard
Building Details
Year Built
1900
Listing Agency:
Mary Helen Levine Real Estate LLC
Listed By:
Mayer Behrend · License #RES.0802220
(203) 910-4823
Source:
Homesbyshoshana
Added: Sep 1
Last Checked: Sep 1 at 8:56PM
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 Mary Helen Levine Real Estate LLC
Investment Insights
Based on property information with market context.
Located at 52 Wilson St in Waterbury, this 2,015-square-foot duplex dates to 1900 and has received extensive interior and exterior updates. Both units feature renovated kitchens with stainless appliances, new cabinetry, marble counters, and tile backsplashes. The bathrooms have been newly completed, while the interiors combine retained hardwood floors with new plank flooring and energy-saving windows.
The upper unit includes a finished attic reached by a walk-up stair. Outside, a newly paved driveway provides resident and guest parking, and the partially fenced yard offers additional outdoor space. The property also includes new windows and convenient access to nearby highways, providing a residential income asset with updated building systems and refreshed finishes.
The upper unit includes a finished attic reached by a walk-up stair. Outside, a newly paved driveway provides resident and guest parking, and the partially fenced yard offers additional outdoor space. The property also includes new windows and convenient access to nearby highways, providing a residential income asset with updated building systems and refreshed finishes.
Key Highlights
- 2,015‑square‑foot duplex in Waterbury
- Two‑family property with remodeled interiors
- Updated kitchens include stainless appliances, new cabinets, marble counters, and tile backsplashes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,702
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,040
$454.0K
Cap Rate 7%
$324,314
$324.3K
Cap Rate 9%
$252,244
$252.2K
Market Conditions
NOI Build-Up for 2,015 SF
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.
Gross rent
$35.1K $17.40/SF
− Vacancy
−$2.6K −$1.31/SF
EGI
$32.4K $16.10/SF
− OpEx
−$9.7K −$4.83/SF
NOI
$22.7K $11.27/SF
Area
Waterbury, CT
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,040
Cap Rate 7%
$324,314
Cap Rate 9%
$252,244
Alternative Uses
Best Use
Multifamily LT 5
$324.3K
$283.8K – $378.4K
NOI $22,702 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$292.2K
$255.6K – $340.9K
NOI $20,451 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$534.7K
$467.9K – $623.9K
NOI $37,431 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,795
Businesses Nearby
Explore this area
Business Placement
Demographics for 06708, CT
30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer updated kitchens, new baths, hardwood accents, and off-street parking.
Where is this duplex located?
The property is located at 52 Wilson St Waterbury, CT.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 2,015‑square‑foot duplex in Waterbury; Two‑family property with remodeled interiors; Updated kitchens include stainless appliances, new cabinets, marble counters, and tile backsplashes
