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Duplex with In-Law Apartment
For Sale
$1,030,000

66 Lincoln, Stamford, CT 06902

Two renovated apartments and a separate rear apartment provide multiple residential living spaces.

Property Size1,923 SF
Price / SF$328.44
Days on Market8

Property Features for 66 Lincoln

General Information

Standard status Active
Size 1,923 SF
Property subtype 2 Family
Lease Term Listing ID: 24215624, Standard Status: Active, MLS Status: Active, Property Subtype: 2 Family, 5 days on market

Additional Details

Highway Access Yes
Multifamily Units 3

Amenities

backyard
deck

Building Details

Building Size 1,923 SF
Year Built 1923
Listing Agency: eXp Realty
Listed By: Angel Mora · License #RES.0812060
Source: Iverty
Added: Oct 15 Changed: Oct 21 Last Checked: Oct 21 at 2:10AM

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 eXp Realty

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Investment Insights

Based on property information with market context.

Built in 1923, this 3,136-square-foot duplex contains two renovated apartments in the main house, each with three bedrooms and one full bathroom. A separate in-law apartment sits behind the house. Basement space, a backyard, and a deck add to the property’s physical layout.

The property is in Stamford, with access to I-95 and proximity to New York.

Key Highlights

  • Two main‑house apartments, each with 3 bedrooms and 1 full bathroom
  • Separate in‑law apartment behind the main house
  • 3,136 square feet; built in 1923

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,344
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,880 $1.2M
Cap Rate 7%
$862,057 $862.1K
Cap Rate 9%
$670,489 $670.5K
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$92.2K $29.40/SF
− Vacancy
−$6.0K −$1.91/SF
EGI
$86.2K $27.49/SF
− OpEx
−$25.9K −$8.25/SF
NOI
$60.3K $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%
$1,206,880
Cap Rate 7%
$862,057
Cap Rate 9%
$670,489

Alternative Uses

Best Use
Multifamily LT 5
$862.1K
$754.3K – $1.01M (±1% cap)
NOI $60,344 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$771.0K
$674.7K – $899.5K (±1% cap)
NOI $53,972 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.13M
$992.2K – $1.32M (±1% cap)
NOI $79,373 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

Demographics for 06902, CT

69,192
Population
30,142
Households
2.3
Avg Household Size
36
Median Age
44%
College-Educated
85%
High-School Grad
10.0 sq mi
ZIP Area
6,919
Density / Sq Mi
$92,527
Median Household Income
$48,285
Median Earnings
$2,139
Median Rent
$515,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two renovated apartments and a separate rear apartment provide multiple residential living spaces.
Where is this duplex located?
The property is located at 66 Lincoln Stamford, CT.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Two main‑house apartments, each with 3 bedrooms and 1 full bathroom; Separate in‑law apartment behind the main house; 3,136 square feet; built in 1923
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