Two-Family Residential Income
For Sale
$379,999
917 Cooke St, Waterbury, CT 06704
Well-maintained two-family home with two 2-bedroom units, off-street parking, and a detached two-car garage.
Property Size2,340 SF
Price / SF$162.39
Days on Market101
Property Features for 917 Cooke St
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Multi-Family
Building Details
Year Built
1929
Listing Agency:
Dave Jones Realty, LLC
Listed By:
Gregory Milo
(203) 437-1085
Source:
Homesbyshoshana
Added: Jul 6
Changed: Oct 13
Last Checked: Oct 7 at 3:19PM
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 Dave Jones Realty, LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers two separate units, with each featuring 2 bedrooms and 1 full bathroom. The layout provides functional living space with spacious rooms and abundant natural light. The property has been exceptionally maintained over the years and is in solid condition throughout, totaling approximately 2,340 square feet of living area. Additional improvements include a detached 2-car garage and off-street parking.
Located in Waterbury’s Fulton Park neighborhood, the home is positioned for everyday convenience, with proximity to schools, shopping, restaurants, parks, and major highways. This mix of nearby amenities and transportation access can support a wide range of residential needs for both tenants and owner-occupants.
The property can work well for buyers seeking an owner-occupant setup with rental income, as well as investors looking for a straightforward two-unit configuration. With consistent unit features across both floors and parking included, it offers an easy-to-manage option for those interested in a durable, long-held asset ready for new ownership.
Located in Waterbury’s Fulton Park neighborhood, the home is positioned for everyday convenience, with proximity to schools, shopping, restaurants, parks, and major highways. This mix of nearby amenities and transportation access can support a wide range of residential needs for both tenants and owner-occupants.
The property can work well for buyers seeking an owner-occupant setup with rental income, as well as investors looking for a straightforward two-unit configuration. With consistent unit features across both floors and parking included, it offers an easy-to-manage option for those interested in a durable, long-held asset ready for new ownership.
Key Highlights
- Well‑maintained two‑family home built in 1929 in Waterbury’s Fulton Park neighborhood
- Two 2‑bedroom units, each with 1 full bathroom and a functional layout with spacious rooms
- Approximately 2,340 SF total living space with abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,364
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,280
$527.3K
Cap Rate 7%
$376,629
$376.6K
Cap Rate 9%
$292,933
$292.9K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$40.7K $17.40/SF
− Vacancy
−$3.1K −$1.31/SF
EGI
$37.7K $16.10/SF
− OpEx
−$11.3K −$4.83/SF
NOI
$26.4K $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%
$527,280
Cap Rate 7%
$376,629
Cap Rate 9%
$292,933
Alternative Uses
Best Use
Multifamily LT 5
$376.6K
$329.6K – $439.4K
NOI $26,364 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.8K
NOI $23,750 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$621.0K
$543.4K – $724.5K
NOI $43,468 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
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Business Placement
Demographics for 06704, CT
27,300
Population
12,987
Households
2.1
Avg Household Size
34
Median Age
14%
College-Educated
78%
High-School Grad
8.1 sq mi
ZIP Area
3,370
Density / Sq Mi
$47,848
Median Household Income
$33,090
Median Earnings
$1,202
Median Rent
$178,500
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 - Well-maintained two-family home with two 2-bedroom units, off-street parking, and a detached two-car garage.
Where is this duplex located?
The property is located at 917 Cooke St Waterbury, CT.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1929 in Waterbury’s Fulton Park neighborhood; Two 2‑bedroom units, each with 1 full bathroom and a functional layout with spacious rooms; Approximately 2,340 SF total living space with abundant natural light
