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  • $1,177,000

    296 Silver Hill Ln, Stamford, CT 06905

    6beds
    3,328sqft
    MultiFamily
    Built in 1952
    -- sqft lot
    $1,177,000 Zestimate®
    $354/sqft
    $3,829 Estimated rent

    Home value

    $1,177,000

    $1.11M - $1.27M

    $3,829/mo

    Zestimate® history
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    $6,634/mo

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    What's special

    Attention Investors!! CAP Rate of 8.29%. Tremendous opportunity to own a large, well maintained, 2 family home in desirable Newfield Neighborhood generaitng $6,200 per month in rental Income. Completely updated 1st floor unit is larger than most condos featuring 1,988 sq ft of living space, 3 bedrooms 1.5 bathrooms, hardwood floors throughout, two fireplaces, and an updated custom kitchen that opens up to the dining room with sliders leading out to the unit's own private deck. Enjoy the huge living room with fireplace, recess lights throughout and a finished basement. 2nd unit is also a large 3 bedroom, 1 full bathroom, open kitchen to dining room with private balcony and vaulted ceilings. Additional features include a heated 2 car garage, plenty of parking, completely fenced in back yard, in-ground pool, and cabana with full bathroom. Recent updates: Newer roof, windows, siding, electrical, HVAC System, and is generator ready. Phenomenal turn key investment property with great cashflow or perfect for owner occupant to live in one unit and rent out the other helping cover the mortgage.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Oil
    Cooling
    • Central
    Appliances
    • Included: Washer
    • Laundry: Washer/Dryer All Units, Laundry in both units.
    Features
    • Basement: Partially finished
    • Attic: Pull Down Stairs, Access Panel
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,328 sqft
    • Finished area below ground: 600

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Wood
    • Pool features: In Ground
    • On waterfront: Yes
    • Waterfront features: Beach Rights
    Lot
    • Size: 0.32 Acres
    • Features: Level
    Details
    • Parcel number: STAMM002B0561
    • Zoning: R10

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & HOA

    Community
    • Features: Fitness Center
    Location
    • Region: Stamford

    Financial & listing details

    • Price per square foot: $354/sqft
    • Tax assessed value: $625,290
    • Annual tax amount: $14,844
    • Total actual rent: 799000

    Price history

    DateEventPrice
    12/14/2021Sold$800,000-3.5%$240/sqft
    Source: Public Record Report a problem
    8/24/2021Listed for sale$829,000+3.8%$249/sqft
    Source: Smart MLS #170431881 Report a problem
    6/5/2020Listing removed$799,000$240/sqft
    Source: Higgins Group Real Estate #170291973 Report a problem
    5/2/2020Listed for sale$799,000+11.7%$240/sqft
    Source: Higgins Group Real Estate #170291973 Report a problem
    4/8/2005Sold$715,000+138.3%$215/sqft
    Source: Smart MLS #98226529 Report a problem
    7/8/1994Sold$300,000+15.4%$90/sqft
    Source: Public Record Report a problem
    5/18/1994Sold$260,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,844 +2.6%$625,290
    2024$14,469 -6.9%$625,290
    2023$15,545 +19.3%$625,290 +28.3%
    2022$13,034 +1.1%$487,450
    2021$12,893 +2.6%$487,450
    2020$12,562 $487,450
    2019$12,562 +3.8%$487,450
    2018$12,099 +21.2%$487,450 +27%
    2017$9,982 +2.9%$383,910
    2016$9,701 $383,910
    Find assessor info on the county website

    Neighborhood: Turn of River

    Nearby schools

    GreatSchools rating
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    $1,177,000
    2% more
    +$23,540
    With Zillow Showcase(estimated)
    $1,200,540