60 Stephen Street Stamford, CT 06902
MULTI_FAMILY - Stamford, CT
Property Features for 60 Stephen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 7
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Basement, Bedroom 7, Bathroom 1, Bedroom 1
- Parking
- 4
- Basement
- Full
- Standard status
- Active
- Size
- 2,408 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9319
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1925
- Architectural style
- Other
Listing agent Mei Ling Cheung (914) 752-8788
Listing office BHGRE Shore & Country 27 Strawberry Hill Avenue, Stamford, CT (203) 504-5005
Listing date Jul 12, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 60 Stephen Street in Stamford, CT 06902, the property is zoned R5 and includes a newer roof (approximately 2 years old). Parking is available via a 2-car garage plus additional off-street parking.
Set up for rental use, the building combines updated interior elements and utility separation to support independent tenant operations.
Key Highlights
- Rental income reported as $3,600 + $2,600, with cap rate 7%+.
- Stamford 2‑family built in 1925 with updated 2nd & 3rd floor unit.
- 2nd/3rd floor unit features 3 bedrooms, office, large bonus room, and modern eat‑in kitchen with quartz countertops and newer appliances.
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 | $70.8k | $29.40 |
| − Vacancy | −$4.6k | −$1.91 |
| EGI | $66.2k | $27.49 |
| − OpEx | −$19.9k | −$8.25 |
| NOI | $46.3k | $19.24 |
