Smart MLS #24077913

421 Sylvan Knoll Rd,
Stamford, CT 06902
For Sale
$1,300,000
Condo
4 Bed · 3 Bath · 2125 Sqft
Investment sale: 3 condos for sale being sold as one entity and may not be spilt up property overview: price: $1,300,000 rent roll: $ 6,675 (monthly) total beds: 6 total baths: 3 approx. sf: 2,125 monthly maintenance fee: $1,452 annual taxes: $9,789 units: 3 (2-bedroom,) lease types: one unit has a long-term lease. two units have annual leases. location: downtown stamford, a prime area for businesses, shopping, dining, and easy access to transit and new york city. investment potential: rental income: you'll benefit from steady cash flow with two units on annual leases and one on a long-term lease. this provides a balanced income structure, with flexibility if one lease term changes. appreciation potential: stamford is experiencing urban development and is located close to new york city, which could lead to increased property values. over time, the property could appreciate as the city continues to grow and improve. diversification: the mix of lease types (long-term and annual) helps mitigate risks. you won't be locked into one kind of lease agreement, offering a hedge against potential market shifts. this property may offer a solid opportunity for an investor looking for steady income and potential long-term growth, especially given stamford's proximity to nyc and its ongoing development.

Map


Listing

Market Stats
  • List $1,300,000
  • 39 Days on Market

Real Estate Agent


Details

Building
  • Mid Rise
  • Built 1961
  • 4 Beds
  • 3 Baths
  • 0 Fireplaces
  • Full Basement

Sqft
  • 2125 Total Sqft

Lot / Land
  • 476 Neighborhood
  • City Views

Other
  • 0 Garages

Utilities
  • Radiator
  • Natural Gas
  • Public Water
  • Natural Gas Hot Water, Domestic Hot Water
  • Public Sewers

Rental
  • No Pets

Association
  • Summer Condominium (700) Complex
  • $1,452

Taxes
  • Assessment $609,144
  • Mill Rate 23.36
  • Taxes $9,789
  • Parcel Num 999999999

Schools

Elementary
  • Davenport Ridge

Middle
  • Rippowam

Intermediate
  • Per Board of Ed

High
  • Westhill

Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $1,300,000
  • Down Payment $260,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$7,617


Monthly Est. $7,617
Yearly Est. $91,399
30yr Est. $2,741,964
Go to the Mortgage Calculator
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This real estate listing for sale at 700 Summer St has 4 bedrooms, 3.00 bathrooms, and was built in 1961. It is located in the Stamford, Connecticut area with the 06902 zip code. For more info about the property at 421 Sylvan Knoll Rd, Stamford, CT 06902 United States or if you would like to schedule a showing, please contact the listing agent above.

Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:01:18. 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 2021 SmartMLS, Inc.