Cape Cod Duplex with
For Sale
$299,900
Pending
81 Robert, Waterbury, CT 06710
Two residential units include a screened porch, full basement, and level backyard.
Property Size1,440 SF
Lot Size0.14 Acres
Days on Market136
Property Features for 81 Robert
General Information
Standard status
Pending
Size
1,440 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
2 Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
hardwood floors
coffered ceilings
pantry
screened porch/mudroom
loft area
closets
built-in cubby storage
full basement
washer and dryer hookup
level backyard
Building Details
Year Built
1929
Buildings
1
Construction
Cape Cod-style
Listing Agency:
Vitale Realty
(203) 574-8511
Listed By:
Diane Persechino Lanese · License #RES.0807212
(203) 575-9970
Source:
Lockandkeyre
Added: Jun 2
Changed: Oct 15
Last Checked: Oct 14 at 11:55PM
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 Vitale Realty
Investment Insights
Based on property information with market context.
This 1,440-square-foot duplex is arranged as two residential units within a Cape Cod-style home built in 1929. The first floor contains 6 rooms, 2 bedrooms, a dining room, 1 full bath, hardwood flooring, selected coffered ceilings, and a pantry. Upstairs, the second unit offers 3 rooms, 1 bedroom, 1 full bath, a loft, closets, and built-in cubby storage.
A screened porch and mudroom entry serve both units. The property also includes a detached 2-car garage with loft space, a full basement with washer and dryer hookups, a newer 40-gallon water heater, and a level backyard. Set on .14 acre at 81 Robert Street in Waterbury, the property is surrounded primarily by single-family homes.
A screened porch and mudroom entry serve both units. The property also includes a detached 2-car garage with loft space, a full basement with washer and dryer hookups, a newer 40-gallon water heater, and a level backyard. Set on .14 acre at 81 Robert Street in Waterbury, the property is surrounded primarily by single-family homes.
Key Highlights
- Two‑unit duplex totaling 1440 square feet
- First‑floor unit with 6 rooms, 2 bedrooms, and 1 full bath
- Second‑floor unit with 3 rooms, 1 bedroom, 1 full bath, and loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,224
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,480
$324.5K
Cap Rate 7%
$231,771
$231.8K
Cap Rate 9%
$180,267
$180.3K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.1K $17.40/SF
− Vacancy
−$1.9K −$1.31/SF
EGI
$23.2K $16.10/SF
− OpEx
−$7.0K −$4.83/SF
NOI
$16.2K $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%
$324,480
Cap Rate 7%
$231,771
Cap Rate 9%
$180,267
Alternative Uses
Best Use
Multifamily LT 5
$231.8K
$202.8K – $270.4K
NOI $16,224 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$208.8K
$182.7K – $243.6K
NOI $14,615 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$382.1K
$334.4K – $445.8K
NOI $26,749 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 06710, CT
11,056
Population
4,515
Households
2.4
Avg Household Size
32
Median Age
15%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
11,056
Density / Sq Mi
$42,774
Median Household Income
$33,880
Median Earnings
$1,135
Median Rent
$219,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a screened porch, full basement, and level backyard.
Where is this duplex located?
The property is located at 81 Robert Waterbury, CT.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1440 square feet; First‑floor unit with 6 rooms, 2 bedrooms, and 1 full bath; Second‑floor unit with 3 rooms, 1 bedroom, 1 full bath, and loft
