87 Summer St Manchester, CT 06040

8 beds · 4 baths · 3,568 sq ft · Lot Size: 10,454 sq ft · Apartment · West Side

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87 Summer St is in the West Side neighborhood of Manchester, CT. It is located in Capitol County and ZIP code 06040. This Apartment was built in 1916 and is approximately 109 years old. The apartment spans 3568 sq ft with 8 bedrooms and 4 bathrooms and sits on a 10454 sq ft lot. According to public records, it was last sold in 2021 for $359,000. The West Side area of Manchester has 48 residential homes with an average size of 3761 sq ft. Analyze and compare real estate investment strategies for properties like this home at 87 Summer St Manchester, CT 06040 with Property Intel by Whitepages.

Owners & Occupancy for 87 Summer St

No contact information is available.

Occupancy

Resident 1****************** age 59
Resident 2*************** age 65
Resident 3****************** age 60
Resident 4***********
Resident 5**********

Investment Potential for 87 Summer St

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Long-Term

Gross Rental
$37,200 per year($3,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 06040 zip code
 
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Property Details for 87 Summer St

Property Details

Property Sq Ft

Living Area

3,568 sq ft

5% below market

Lot Size

10,454 sq ft

14% below market

Property condition, age, exterior, etc. for 87 Summer …
Longitude: -72.540655 Latitude: 41.770224 Parcel Number (APN): MANC-000063-005320-000087…
Mortgage originated on through lender: Metro Cty Bk for$******View Mortgage Details

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Market Benchmarks

Compare data for 87 Summer St in Capitol County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
YoY Price Change
Year Built
1916
1913
3 years
Living Space
3,568 sq ft
3,954 sq ft
-386 (-10%)
$ Per Living Sq Ft
Lot Size
10,454 sq ft
8,712 sq ft
1742 (20%)
$ Per Lot Sq Ft

Net Operating Income
$23,040
$482 (2%)
Annual Revenue
$37,200
$37,200
$0 (0%)
$15,040
-$1,361 (-9%)
Net Operating Income
$23,040
$482 (2%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 8-Bed Apartment Medians

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