62 Sherwood Pl Greenwich, CT 06830
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 62 Sherwood Pl
- Year built
- 2006
- Lot size
- 0.23 lot acres
- Property size
- 2,304 SF
- Property type
- Residential income homes
Description
This exceptional, 2,304 square foot, three-story townhome in downtown Greenwich, Connecticut represents a prime investment opportunity. Built in 2006 and renovated in 2023, this Class A property boasts a 100% occupancy rate with a strong, long-term tenant in place, paying $11,500 per month until May 2026. The property features three bedrooms and 2.5 bathrooms, with the potential for a fourth bedroom in the finished lower level. High-end finishes include 9-foot ceilings, crown molding, hardwood floors, a gourmet kitchen with top-of-the-line appliances, and a breakfast bar. Outdoor amenities include a stone terrace and a fenced wrap-around lawn. The lower level, complete with radiant floors and a fireplace, offers versatile space ideal for a family room, home office, or even a golf simulator. The primary suite features a walk-in closet and a luxurious bathroom, while the other two bedrooms share an ensuite bath with double vanities. Located on a 0.23-acre lot in a desirable R-6 zoned area, this property is seconds away from Greenwich Avenue, top-rated public and private schools, and a hospital. The current Net Operating Income (NOI) is $117,948, resulting in a 5.63% cap rate. The asking price is $2,095,000, with an HOA fee of $480 per month covering landscaping, snow removal, and trash removal. The tenant pays all utilities. This is a truly turnkey investment opportunity with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greenwich
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.6262
- Latitude
- 41.0352
