57 Phelps Street East Hartford, CT 06108
Beautifully finished first-floor apartment within a duplex-style residential income property.
- Added:
- Jun 23, 2026
- Days on Market:
- 19
- Last Refresh:
- Jul 9 at 3:01 am
Property Features for 57 Phelps Street
General Information
- Standard status
- Active
- Size
- 1,678 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1850
Listing office Better Homes and Gardens Real Estate Executive Real Estate (860) 593-6635
Listing date Jun 23, 2026
Source Lockandkeyre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property is located at 57 Phelps Street in East Hartford, Connecticut.
At this time, no additional configuration details, common area information, or exterior/parking specifics were provided in the listing remarks.
Key Highlights
- First‑floor apartment within a duplex‑style residential income property
- Year built: 1850
Local Financial Insights For Apartment 5plus
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 | $43.7k | $26.04 |
| − Vacancy | −$2.5k | −$1.51 |
| EGI | $41.2k | $24.53 |
| − OpEx | −$18.5k | −$11.04 |
| NOI | $22.6k | $13.49 |
