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Residential Income Property Opportunity

76 Clark Hill Road Prospect, CT 06712

76 Clark Hill Road, Prospect, CT, 06712
$499,000
Pending
For Sale
Claim this Listing
$499,000
Pending

MULTI_FAMILY - Prospect, CT

Property Size3,150 SF
Lot Size2.04 Acres
AddedMar 26
Days on Market113
Last RefreshJul 16 at 12:06 am

Property Features for 76 Clark Hill Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RA-1
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bathroom 1
Fireplace
1
Basement
Unfinished, Full
Standard status
Pending
Size
3,150 SF
Lot size
2.04 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7836

Utilities

Cooling system
Central Air
Water source
Private

Building Details

Year built
1951
Architectural style
Other

Listing agent Dave Jones License #REB.0789397

Listing office Dave Jones Realty, LLC 40 Center Street, PROSPECT, CT

Listing date Mar 26, 2026

MLS# 24160419 Listing URL

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.

This residential income property on a level lot offers a flexible interior layout with multiple living areas and provisions for an accessory apartment. A fireplace/wood stove is located in the main living area, and the kitchen and interior spaces are ready for updating, supporting renovation or customization. The property also includes a 2-car attached garage and a generously sized driveway.

Set on approximately 2.04 acres in Prospect, Connecticut, the home is described as offering privacy while still being conveniently located. The exterior includes warm wood exterior accents.

The overall configuration is suited to buyers looking to reconfigure the space and complete interior updates. The listing notes that the pool has been abandoned.

Key Highlights

  • 1951‑built home with central air and a fireplace/wood stove in the main living area
  • Level lot with a 2‑car attached garage and a generously sized driveway
  • Spacious, flexible layout with multiple living areas and 4 bedrooms

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 $62.4k $19.80
− Vacancy −$4.2k −$1.35
EGI $58.1k $18.45
− OpEx −$26.2k −$8.30
NOI $32.0k $10.15
3,150 SF · lease $19.80/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$456.7K
$399.6K – $532.9K (±1% cap)
NOI $31,971 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.9K
$731.4K – $975.2K (±1% cap)
NOI $58,514 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Hair Salon Nail Salon Spa & Massage Center Furniture & Home Goods Skin Care Clinic Cafe & Coffee Shop Garden Center Plumbing Service

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

FAQs

What type of property is this?
Single family property - Two-car attached garage and multiple living areas on a level, oversized lot with an accessory apartment layout.
Where is this single family property located?
The property is located at 76 Clark Hill Road Prospect, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1951‑built home with central air and a fireplace/wood stove in the main living area; Level lot with a 2‑car attached garage and a generously sized driveway; Spacious, flexible layout with multiple living areas and 4 bedrooms
Contact an agent
More about this property
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