Two-Unit Duplex with
59 Woodstock, Waterbury, CT 06704
For Sale
New
$425,000
Both residences include in-unit laundry and a first-floor half bathroom.
Property Size2,007 SF
Price / SF$189.73
Days on Market4
Property Features for 59 Woodstock
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Regency Real Estate, LLC
(860) 945-9868
Listed By:
Adriana Castagnet · License #RES.0817896
(203) 816-1160
Source:
Iverty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:34AM
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 Regency Real Estate, LLC
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Investment Insights
Based on property information with market context.
Built in 2007, this 2,240-square-foot duplex contains two residences with matching layouts. Each has a living room, dining room, open kitchen and half bathroom on the first floor, plus three bedrooms, a full bathroom and a laundry area upstairs. A front-entry garage serves the property.
The unfinished basement provides storage space and has a walkout door to the backyard.
The unfinished basement provides storage space and has a walkout door to the backyard.
Key Highlights
- Two residences with matching layouts
- 2,240 square feet; built in 2007
- Each residence has three bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,237
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,740
$504.7K
Cap Rate 7%
$360,529
$360.5K
Cap Rate 9%
$280,411
$280.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$39.0K $17.40/SF
− Vacancy
−$2.9K −$1.31/SF
EGI
$36.1K $16.10/SF
− OpEx
−$10.8K −$4.83/SF
NOI
$25.2K $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 Rate 5%
$504,740
Cap Rate 7%
$360,529
Cap Rate 9%
$280,411
Alternative Uses
Best Use
Multifamily LT 5
$360.5K
$315.5K – $420.6K
NOI $25,237 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$324.8K
$284.2K – $378.9K
NOI $22,735 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K
NOI $41,610 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
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Business Placement
Demographics for 06704, CT
27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Waterbury, CT
Properties on Market for Duplexes in Waterbury
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry and a first-floor half bathroom.
Where is this duplex located?
The property is located at 59 Woodstock Waterbury, CT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences with matching layouts; 2,240 square feet; built in 2007; Each residence has three bedrooms and 1.5 bathrooms
