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247 Knickerbocker Avenue

Stamford, CT 06907
  • $730,000
  • STATUS: Closed
  • ON SITE: 135 Days
  • MLS #: 170436334
Sold - 01/07/2022
$730,000
SOLD - 01/07/2022
  • 6
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,810
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Information

Elementary School:
High School:

Description

Nicely updated and maintained spacious two family house with a walk up finished attic plus a full finished basement Cash flow positive on this home. First floor unit has a living room, dining room and an updated eat in kitchen. There are two spacious bedrooms and a full bath, hardwood floors throughout. Stairs down to the basement where they have use of their own washer and dryer. The second floor unit is a 2 bedroom, bath, plus an additional screened in porch turned into added bedroom space, dining room, living room and huge eat in kitchen, new carpets throughout except for the kitchen and bath. There are Shared washer and dryer in the basement. There is a full finished basement as well. with 1 bedroom and 1 bath. Full finished attic with 1 bedroom and 1 bath. This home is turn key and ready for a new owner. Tenants have moved out for the sale and buyer will get top market rents moving forward. Walking distance to all shopping, Sprindale Train station is a 4 minute walk, convenient to I-95 and Merritt Parkway.Rent Roll: Unit 1 Basement - 1 bed/1 bath = $1,500 | Unit 2 First Floor - 2 bed/1 bath = $2,200 | Unit 3 Second Floor - 2 bed/1 bath = $2,300 | Unit 4 - Attic -1 bed/1 bath = $1,300. Gross Income = $87,600 Expenses = taxes $9,945: Home Insurance $3,000: Maintenance, repairs, landscaping: $5,000 = Total expenses = $17,945Net Operating Income (NOI) = $69,655 (9% cap rate) which is unheard of in Stamford

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-24T14:10:07.147.
www.thearoundtownteam.com/homes/121307239
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247 Knickerbocker Avenue Stamford, CT 06907

  • Price: $750,000
  • Status: Closed
  • On Site: 135 Days
  • Updated: 30 min ago
  • MLS #: 170436334
6
Beds
4
Baths
0
½ Baths
0.11
Acres
3,810
SQFT
$192
$/SQFT
1929
Built
Neighborhood:
Springdale
County:
Fairfield
Area:
Stamford
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Nicely updated and maintained spacious two family house with a walk up finished attic plus a full finished basement Cash flow positive on this home. First floor unit has a living room, dining room and an updated eat in kitchen. There are two spacious bedrooms and a full bath, hardwood floors throughout. Stairs down to the basement where they have use of their own washer and dryer. The second floor unit is a 2 bedroom, bath, plus an additional screened in porch turned into added bedroom space, dining room, living room and huge eat in kitchen, new carpets throughout except for the kitchen and bath. There are Shared washer and dryer in the basement. There is a full finished basement as well. with 1 bedroom and 1 bath. Full finished attic with 1 bedroom and 1 bath. This home is turn key and ready for a new owner. Tenants have moved out for the sale and buyer will get top market rents moving forward. Walking distance to all shopping, Sprindale Train station is a 4 minute walk, convenient to I-95 and Merritt Parkway.Rent Roll: Unit 1 Basement - 1 bed/1 bath = $1,500 | Unit 2 First Floor - 2 bed/1 bath = $2,200 | Unit 3 Second Floor - 2 bed/1 bath = $2,300 | Unit 4 - Attic -1 bed/1 bath = $1,300. Gross Income = $87,600 Expenses = taxes $9,945: Home Insurance $3,000: Maintenance, repairs, landscaping: $5,000 = Total expenses = $17,945Net Operating Income (NOI) = $69,655 (9% cap rate) which is unheard of in Stamford
Exterior Features

Construction Description Frame Driveway Type Paved Exterior Features AwningsDeckGuttersLightingPatioPorchShed Exterior Siding Aluminum Foundation Type Concrete Lot Description Level Lot Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description Not Applicable

Interior Features

Attic Description Walk-UpFinishedHeated Attic Yn Yes Basement Description Full With Walk-OutFully FinishedHeatedCooledInterior AccessApartment Cooling System Split SystemWall UnitWindow Unit Heat Type Baseboard Hot Water Description 80 Gallon Tank Laundry Room Location Basement

Property Features

Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location Non Applicable Garage Parking Info PavedAssigned Parking Heat Fuel Type Natural Gas Hoa Yn No Home Warranty Offered Yn No Nearby Amenities Basketball CourtCommuter BusGolf CourseHealth ClubParkPublic TransportationShopping/MallWalk To Bus Lines New Construction Type No/Resale Possession Availability Immediate Potential Short Sale Yn No Property Sub Type 2 Family Property Tax 9945 Sewage System Public Sewer Connected Sign Yn Yes Swimming Pool Yn No Water Source Public Water Connected Zoning R75

Listing information © 2022 Smart MLS
Listing provided courtesy of Evan Philippopoulos of Compass Connecticut, Llc.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-24T14:10:07.147.
 
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