Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    76-78 Higbie Dr East Hartford, CT 6108

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $439,000

    Well-maintained, fully tenanted duplex with modern updates and immediate cash flow.

    Type:Multi Family
    Added:
    Apr 9, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 9 at 7:12 am

    Property Features for 76-78 Higbie Dr

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1942

    We can help!

    Listing Contact
    Yahira L. Rodriguez

    Listing agent Yahira L. Rodriguez

    Listing office eXp Realty

    Listing date Apr 9, 2026

    Source Elliman

    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

    Overview

    Updated Duplex in East Hartford

    Located in East Hartford, 76-78 Higbie Drive is a well-maintained duplex presenting an investment opportunity. Each unit includes 2 bedrooms, offering living spaces for tenants. The property has been recently updated with modern improvements. Separate driveways for each unit provide convenience and privacy. The property is fully tenant occupied, allowing for immediate cash flow. The location is near local amenities, shopping, dining, and major commuter routes. The bike score is 29, indicating it is somewhat bikeable, and the walk score is 46, indicating car dependence.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.59372
    Latitude
    41.77879

    Nearby Similar for Sale

    • $4,999,000
      58,400 SF

      East Hartford Industrial Property For Sale

      Centrally located industrial property with flexible loading and high ceilings.
      241 Park Avenue unit: A, East Hartford, CT 06108
      View Details
    • $289,900
      2,392 SF

      East Hartford Mixed-Use Property

      Commercial mixed-use property with apartment and off-street parking.
      4 Great Hill Road, East Hartford, CT 06108
      View Details
    • $300,000

      Profitable Liquor Store Business Opportunity

      Turnkey liquor store in high-traffic location with growth potential.
      1518 Main Street, East Hartford, CT 06108
      View Details
    • $700,000
      11,408 SF

      Multi-Tenant Industrial Property For Sale

      Multi-tenant industrial property in East Hartford with income potential.
      85-87 James Street, East Hartford, CT 06108
      View Details
    • $700,000
      11,408 SF

      Multi-Tenant Industrial Property For Sale

      Multi-tenant industrial building in East Hartford with income potential.
      85 James Street, East Hartford, CT 06108
      View Details
    • $1,750,000
      2,511 SF

      High-Exposure Gas Station Asset

      Gas station with multiple revenue streams in evolving corridor.
      131 Darlin Street, East Hartford, CT 06108
      View Details
    • $549,900
      2,922 SF

      Versatile Commercial Property, High Visibility

      Income-producing property with high visibility and development potential.
      110 Main Street, East Hartford, CT 06118
      View Details
    • $220,000
      2,280 SF

      East Hartford Multifamily Investment Opportunity

      Two-family home near highways and shopping, ideal for investors.
      37-39 Graham Road, East Hartford, CT 06118
      View Details
    • $434,900
      3,765 SF

      Mixed-Use Property with Income Potential

      Versatile mixed-use property with strong income potential in East Hartford.
      181 Burnside Ave, East Hartford, CT
      View Details
    • $349,000

      Well-Maintained Two-Family Home

      Side-by-side two-family home with investment potential in East Hartford.
      33-35 Higbie Dr, East Hartford, CT 06108
      View Details
    • $989,000
      18,502 SF

      East Hartford Office Investment Opportunity

      Fully occupied office building with income and flexible ownership options.
      135 Burnside Avenue, East Hartford, CT 06108
      View Details
    • $749,900
      6,229 SF

      East Hartford Versatile Commercial Property

      Commercial property suitable for industrial, warehouse, automotive, or restaurant use.
      776 Tolland St, East Hartford, CT
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained, fully tenanted duplex with modern updates and immediate cash flow.
    Where is this duplex located?
    The property is located at 76-78 Higbie Dr East Hartford, CT.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: Fully tenant‑occupied, providing immediate cash flow.; Each unit has 2 spacious bedrooms.; Recently updated, enhancing appeal and long‑term value.
    (860) 995-1181
    We can help!
    Listing Contact
    Yahira L. Rodriguez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!