1 month on rocket

18 Murray St, Norwalk, CT, 06851

$815,000

Home List Price

$9,678*

Closing Credit

5 Bedrooms
2 Full Baths
2,048 SqFt
$398/SqFt
Multi

Location

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18 Murray St, Norwalk$815,000

Buyer Closing Credits

$9,678*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached Garage, Off Street Parking
Garage2 spaces
Year Built1900
HeatingBaseboard, Hot Water
CoolingNone
BasementYes
WaterfrontBeach
ViewTrees/Woods
MLS #24046595
Lot Size0.29 Acres
StatusActive

About 18 Murray St

A 2-family investment property with 2,048 square feet and a freestanding 2-car garage on 0.29 acres. Located in the desirable Wolfpit neighborhood, this property is one of the few in the area zoned for multifamily use. It is fully leased, generating $5,638 in monthly gross rents, totaling $69,420 annually, with an estimated net operating income (NOI) of $49,726. The property benefits from assumable debt at a 4.125% fixed interest rate, offering a compelling investment opportunity in a high-interest rate environment. The property has undergone significant upgrades, including kitchen and bathroom renovations, landscaping, and improved pathways. The well-maintained units are occupied by high-income tenants and benefit from ample parking. Additional income is earned from leasing the garage partially. The property's location provides easy access to local favorites and cultural destinations. 18 Murray Street is ideal for both first-time and experienced investors looking to expand their portfolio with a turnkey asset.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: Michael Church
  • Office Phone: (203) 354-0213
  • Listing Agent: Michael Church

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach
  • View: Trees/Woods

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached Garage, Off Street Parking

Lot Features

Lot Information:

  • Lot: Trees, Level, Sloped
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Newtown Avenue to Murray Street. House on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $815,000
  • Price Per SqFt: $398/SqFt

Tax Information:

  • Annual Amount: $7,396
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwalk, CT.

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Norwalk, CT

City

Med. Sold Price

$617K

Med. Price/SqFt

$361

# of Sold Homes

72

18 Murray St vs Norwalk

59 DAYS ON ROCKET

$815,000

+$198K More

$398/SqFt

+$36 More

KEY TAKEAWAY

This property is $198K more than the Median Sold Price and $36/SqFt more than other homes in Norwalk, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24046595

Listing Office:

  • Office Name: Michael Church
  • Office Phone: (203) 354-0213
  • Listing Agent: Michael Church

IDXCopyright © 2024 Smart MLS. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 21, 2016Home Sold
$430,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,396$307,540
2020$7,392$307,540
2019$7,185$307,540
2018$6,678$250,470
2017$6,449$250,470

History based on county public records data.

Payment Calculator

$4,135

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,510

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-193360
4
/10

  • Wolfpit Elementary School

  • 1 Starlight Dr

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-193361
4
/10

  • Tracey Elementary School

  • 20 Camp St

  • 1.14 miles

  • Public Magnet Grades KG-5

school-card-donut-193362
5
/10

  • Naramake Elementary School

  • 16 King St

  • 1.15 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $115,333. Residents of Norwalk, CT typically earn between $100k-200k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Norwalk, CT

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Norwalk, CT?

The housing landscape in Norwalk is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences. Architectural styles range from charming colonial to sleek contemporary, with a significant portion of homes constructed in the latter half of the 20th century. The homeownership rate in Norwalk is robust, with a substantial percentage of residents owning their homes, while the remainder of the population resides in rental properties.

Is Norwalk, CT a good place to live?

Norwalk prides itself on its coastal charm and vibrant community spirit. The city is celebrated for its annual Oyster Festival, which showcases the local maritime heritage and brings together residents for a weekend of entertainment and culinary delights. The community's character is further enriched by its array of public art installations and the presence of historical landmarks that offer a glimpse into the city's past.

Are things conveniently located in Norwalk, CT?

Residents of Norwalk benefit from a well-rounded array of services, including a network of public schools that serve the educational needs from elementary through high school levels, as well as private institutions that offer alternative educational options. The city is home to several healthcare facilities providing a range of services from primary care to specialized treatments. Retail and dining establishments reflect the local culture, with an emphasis on seafood and regional cuisine. The city is proactive in adapting its services to meet the evolving needs of its diverse population.

What does the transportation in Norwalk, CT look like?

Norwalk's transportation infrastructure supports both private and public transit options, with a network of roads and highways that facilitate travel within the city and to neighboring areas. Public buses operate on established routes, with varying frequencies depending on the time of day and specific route. The city also supports alternative transportation methods, including a bike-sharing program and designated pedestrian-friendly zones that encourage walking. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation system.

Rocket Homes›Connecticut›Fairfield County›Norwalk›06851›18 Murray St

This home is located at 18 Murray St in Norwalk, CT and zip code 06851. This 2,048 square foot home, which was built in 1900, sits on a 0.29 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $815,000.

In October 2024 more than 45 listings in Norwalk, CT were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 23 were sold below. The inventory of homes for sale in Norwalk, CT between September 2024 and October 2024 decreased by 3.1%.

From Rocket Homes Real Estate and based on county public records data.

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