Three-Family with Private
For Sale
$464,000
95 Sunnyside Avenue, Waterbury, CT 06708
Multi-Family For Sale, 3updown - Unit(s) per Floor, Waterbury, CT
Property Size3,044 SF
Lot Size0.17 Acres
Price / SF$152.43
Days on Market49
Property Features for 95 Sunnyside Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2
Basement
Unfinished, Full
Lot features
Corner Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS Friendly
Subdivision
Town Plot
Standard status
Active
Size
3,044 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
7527
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Amenities
private deck
off-street parking
laundry hook up
Building Details
Year built
1884
Architectural style
Other
Listing Agency:
Showcase Realty, Inc.
(203) 720-0069
Listed By:
Jane Spino · License #RES.0800895
(203) 592-5253
Added: Jul 4
Changed: Aug 19
Last Checked: Aug 21 at 6:06PM
MLS# 24188781
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.
Three-family (triplex) property featuring a residential layout designed for multiple households. Each floor offers two bedrooms, an eat-in kitchen, and a private deck. The home also includes off-street parking, with laundry hook-ups for each unit in the basement. Heating is provided via hot water with baseboard units.
Set on a 0.17-acre lot at 95 Sunnyside Avenue in Waterbury, CT 06708, the property is served by public water and public sewer. Built in 1884, it is positioned for everyday convenience with proximity to shopping, schools, parks, and major highways.
With two-bedroom living spaces and private outdoor decks on each level, the property supports both investor and owner-occupant scenarios where rental income can offset occupancy.
Set on a 0.17-acre lot at 95 Sunnyside Avenue in Waterbury, CT 06708, the property is served by public water and public sewer. Built in 1884, it is positioned for everyday convenience with proximity to shopping, schools, parks, and major highways.
With two-bedroom living spaces and private outdoor decks on each level, the property supports both investor and owner-occupant scenarios where rental income can offset occupancy.
Key Highlights
- Each floor includes 2 bedrooms, eat‑in kitchen, and a private deck
- Off‑street parking available
- Laundry hook‑ups for each unit in the basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,295
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,900
$685.9K
Cap Rate 7%
$489,929
$489.9K
Cap Rate 9%
$381,056
$381.1K
Market Conditions
NOI Build-Up for 3,044 SF
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.
Gross rent
$53.0K $17.40/SF
− Vacancy
−$4.0K −$1.31/SF
EGI
$49.0K $16.10/SF
− OpEx
−$14.7K −$4.83/SF
NOI
$34.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$685,900
Cap Rate 7%
$489,929
Cap Rate 9%
$381,056
Alternative Uses
Best Use
Multifamily LT 5
$489.9K
$428.7K – $571.6K
NOI $34,295 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$441.4K
$386.2K – $514.9K
NOI $30,895 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$807.8K
$706.8K – $942.4K
NOI $56,545 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 06708, CT
30,345
Population
13,061
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
3,228
Density / Sq Mi
$63,705
Median Household Income
$40,515
Median Earnings
$1,275
Median Rent
$196,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - RM-zoned three-family with two bedrooms per floor, eat-in kitchens, private decks, off-street parking, and basement laundry hookups.
Where is this triplex located?
The property is located at 95 Sunnyside Avenue Waterbury, CT.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Each floor includes 2 bedrooms, eat‑in kitchen, and a private deck; Off‑street parking available; Laundry hook‑ups for each unit in the basement
