167 Larkspur Rd · Stamford, CT 06903

$1,025,000

4 bd · 2.5 ba · 2,814 sqft · SingleFamily public records · 9 Days on market

Built 1960 1.06 ac lot $364/sqft · 31% above area Est $1260k · 19% under

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Cash flow +2.6/30.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A immaculately presented and beautifully maintained, light filled 4 bedroom home, steps away from the Bartlett Arboretum and Gardens, on a quiet neighborhood only minutes to shopping, schools, leisure activities, restaurants & Merritt Parkway. Offering spacious light filled rooms for formal and casual living, this house is a pleasure to be in. The living room with huge window and fireplace is the perfect place to relax and unwind. A formal dining room with a wall of built in cabinets and an extended kitchen/family room wrapped in windows with access the back yard complete the main floor. Upstairs there are 4 large bedrooms and 2 full updated baths. The master bedroom has its own bathroom and WIC. On the lower level the large family room has sliders to the patio and back yard and a newly renovated half bath. A laundry room and finished lower level complete this area. 2 car garage, gleaming hardwood floors throughout, recently painted and ready to move into. As if this wasn't enough, the icing on the cake is an automatic Generac full house generator and CITY WATER, making this home the perfect place to live. Don't miss this one!

Key facts

• 1.06 acre lot
• 2 garage spots
• Built 1960

Property features AI

Exterior

• Parking: Attached garage; 2 garages; Paved asphalt private driveway; 2 total parking spaces
• Utilities: Public water connected; Septic sewage system; Domestic hot water; Fuel tanks in basement
• Home design: Single-family home; Beige exterior
• Construction: Frame construction; Concrete foundation; Asphalt shingle roof
• Exterior features: Wrap-around deck; Patio; Outdoor grill; Gutters; Exterior lighting; Stone wall; Level and sloping lot

Interior

• Kitchen: Electric cooktop; Wall oven; Microwave; Refrigerator; Dishwasher
• Bedrooms: 4 bedrooms
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Baseboard heat (electric and oil); Ceiling fans; Central air; Generator
• Interior features: Cable available; One fireplace; Full finished basement with interior access, storage and sump pump; Attic with pull-down stairs; Ten total rooms
• Laundry & utility: Washer and dryer included; Laundry room on lower level

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $1.02M.

Deal economics

• At list price, monthly cash flow is $-4k ($-42k/yr) — negative.
• To cash-flow at today's rent, offer at most $407k (60.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $408k (60.2% below list).
• Recommended offer: $407k (60.3% below list) — sets the bar for cash-flow.
• Cap rate 2.2% vs local median 3.0% in Stamford — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 70/100 on livability (#98 in CT) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime A-; Watch: amenities F, commute F, cost of living F.
• Stamford School District (urban): math 32% / reading 43% proficiency, ranked #103 of 153 in CT (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 73 active listings in the ZIP; 1,151 units permitted in Western Connecticut Planning Region in 2024 (714 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $7k of loan paydown is wiped out by about $31k of value loss. Plan a longer hold.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 24y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $675k; list at $1.02M implies a 52% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 50% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $406,612 (60.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.40% ✗
• Cap rate: 2.19%
• Cash-on-cash: -14.64%
• DSCR: 0.35
• GRM: 20.9

CMA / ARV

• ARV (median comp): $1,259,849
• List price: $1,025,000
• Delta: -18.64%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15 Very Merry Rd	0.26mi	4/2.5	3,030 (+8%)	1mo	$1,210,000	$399	74
172 N Stamford Rd	0.39mi	4/2.5	2,766 (-2%)	11mo	$1,050,000	$380	70
42 Hannahs Rd	0.24mi	4/2.5	2,530 (-10%)	4mo	$950,000	$375	68
56 Hannahs Rd	0.21mi	4/2.5	3,124 (+11%)	8mo	$875,000	$280	65
208 Cascade Rd	0.70mi	4/3.0	2,802 (-0%)	1mo	$1,225,000	$437	64
37 Hannahs Rd	0.21mi	4/2.5	2,633 (-6%)	20mo	$970,826	$369	63
42 Alma Rock Rd	0.23mi	5/3.0 (+1)	3,000 (+7%)	11mo	$955,000	$318	62
44 Mary Joy Ln	0.34mi	3/2.5 (-1)	2,457 (-13%)	17mo	$965,000	$393	44
48 Arbor Rd	0.55mi	4/2.5	3,102 (+10%)	19mo	$885,000	$285	41
76 Don Bob Rd	0.67mi	4/3.0	3,160 (+12%)	14mo	$975,000	$309	34
102 Cascade Rd	0.64mi	3/2.5 (-1)	2,576 (-8%)	22mo	$1,110,000	$431	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -44.3%
• Equity multiple: -0.36×
• Total profit: $-389,205
• Equity at exit: $152,831

10-year hold

• IRR: -79.7%
• Equity multiple: -1.18×
• Total profit: $-626,644
• Equity at exit: $88,623

Cash invested: $287,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06903

• Active inventory: 73
• Price-to-rent: 20.9×

Monthly cashflow live

• Estimated rent: $4,082 medium
• Mortgage (P&I): −$5,375
• Tax from tax record: −$923 /mo · $11,074/yr
• Insurance: −$427
• HOA: −$0
• Vacancy / Maint / Mgmt: −$857
• Net cashflow: $-3,501

Break-even live

Break-even rent $8,513

Max offer price $406,612

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $256,250
• Closing costs: $30,750
• Reserves months: —
• Total cash needed: —

Listing history 12 events

1. 2026-05-15
   status Under Contract 1543-char remark
2. 2026-05-12
   historical Under Contract - Continue to Show 1543-char remark
3. 2026-05-07
   listed $1,025,000 Active 1543-char remark
4. 2026-05-04
   historical $1,025,000 1543-char remark
5. 2019-06-19
   soldstatus $675,000
6. 2019-06-17
   soldstatus $675,000 Closed 1148-char remark

   Show marketing remark (1148 chars)

   A immaculately presented and beautifully maintained, light filled 4 bedroom home, steps away from the Bartlett Arboretum and Gardens, on a quiet neighborhood only minutes to shopping, schools, leisure activities, restaurants & Merritt Parkway. Offering spacious light filled rooms for formal and casual living, this house is a pleasure to be in. The living room with huge window and fireplace is the perfect place to relax and unwind. A formal dining room with a wall of built in cabinets and an extended kitchen/family room wrapped in windows with access the back yard complete the main floor. Upstairs there are 4 large bedrooms and 2 full updated baths. The master bedroom has its own bathroom and WIC. On the lower level the large family room has sliders to the patio and back yard and a newly renovated half bath. A laundry room and finished lower level complete this area. 2 car garage, gleaming hardwood floors throughout, recently painted and ready to move into. As if this wasn't enough, the icing on the cake is an automatic Generac full house generator and CITY WATER, making this home the perfect place to live. Don't miss this one!

7. 2019-03-26
   historical 1148-char remark

   Show marketing remark (1148 chars)

   A immaculately presented and beautifully maintained, light filled 4 bedroom home, steps away from the Bartlett Arboretum and Gardens, on a quiet neighborhood only minutes to shopping, schools, leisure activities, restaurants & Merritt Parkway. Offering spacious light filled rooms for formal and casual living, this house is a pleasure to be in. The living room with huge window and fireplace is the perfect place to relax and unwind. A formal dining room with a wall of built in cabinets and an extended kitchen/family room wrapped in windows with access the back yard complete the main floor. Upstairs there are 4 large bedrooms and 2 full updated baths. The master bedroom has its own bathroom and WIC. On the lower level the large family room has sliders to the patio and back yard and a newly renovated half bath. A laundry room and finished lower level complete this area. 2 car garage, gleaming hardwood floors throughout, recently painted and ready to move into. As if this wasn't enough, the icing on the cake is an automatic Generac full house generator and CITY WATER, making this home the perfect place to live. Don't miss this one!

8. 2019-03-15
   historical Under Contract - Continue to Show 1148-char remark

   Show marketing remark (1148 chars)

   A immaculately presented and beautifully maintained, light filled 4 bedroom home, steps away from the Bartlett Arboretum and Gardens, on a quiet neighborhood only minutes to shopping, schools, leisure activities, restaurants & Merritt Parkway. Offering spacious light filled rooms for formal and casual living, this house is a pleasure to be in. The living room with huge window and fireplace is the perfect place to relax and unwind. A formal dining room with a wall of built in cabinets and an extended kitchen/family room wrapped in windows with access the back yard complete the main floor. Upstairs there are 4 large bedrooms and 2 full updated baths. The master bedroom has its own bathroom and WIC. On the lower level the large family room has sliders to the patio and back yard and a newly renovated half bath. A laundry room and finished lower level complete this area. 2 car garage, gleaming hardwood floors throughout, recently painted and ready to move into. As if this wasn't enough, the icing on the cake is an automatic Generac full house generator and CITY WATER, making this home the perfect place to live. Don't miss this one!

9. 2019-03-08
   listed $665,000 Active 1148-char remark

   Show marketing remark (1148 chars)

   A immaculately presented and beautifully maintained, light filled 4 bedroom home, steps away from the Bartlett Arboretum and Gardens, on a quiet neighborhood only minutes to shopping, schools, leisure activities, restaurants & Merritt Parkway. Offering spacious light filled rooms for formal and casual living, this house is a pleasure to be in. The living room with huge window and fireplace is the perfect place to relax and unwind. A formal dining room with a wall of built in cabinets and an extended kitchen/family room wrapped in windows with access the back yard complete the main floor. Upstairs there are 4 large bedrooms and 2 full updated baths. The master bedroom has its own bathroom and WIC. On the lower level the large family room has sliders to the patio and back yard and a newly renovated half bath. A laundry room and finished lower level complete this area. 2 car garage, gleaming hardwood floors throughout, recently painted and ready to move into. As if this wasn't enough, the icing on the cake is an automatic Generac full house generator and CITY WATER, making this home the perfect place to live. Don't miss this one!

10. 2002-11-15
    soldstatus $655,000
11. 2002-11-14
    soldstatus $655,000

    Show marketing remark (230 chars)

    Move Right In To This Exquisitely Decorated And Beautifully Updated 4 Bedroom, 2.5 Bath Home. Situated On A Cul De Sac On A Pretty North Stamford Acre. This Home Has C/A, Fp, Hdwdflrs,Screened Porch, Mbath W/ Whirlpool & More!

12. 2002-09-19
    listed $669,000

    Show marketing remark (230 chars)

    Move Right In To This Exquisitely Decorated And Beautifully Updated 4 Bedroom, 2.5 Bath Home. Situated On A Cul De Sac On A Pretty North Stamford Acre. This Home Has C/A, Fp, Hdwdflrs,Screened Porch, Mbath W/ Whirlpool & More!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $11,074 · $923/mo
• Projected year-2 tax: $16,504 · $1,375/mo
• Expected delta: +$5,430/yr (+$453/mo · 49.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 50% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $48,981
• − Mortgage interest: −$57,416
• − Property taxes: −$11,074
• − Insurance: −$5,125
• − Repairs & maintenance: −$3,918
• − Management: −$3,918
• − Depreciation: −$29,818
• Taxable loss: −$62,289
• Est. tax savings @ 24.0%: +$14,949
• After-tax cash flow: $-27,057/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Stamford School District
• NCES district ID: 0904320
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $78,843
• Composite: 35.14/100
• National rank: #5010
• State rank: #103 of 153 in CT

Livability — Stamford

• Score: 70/100
• State rank: #98
• US rank: #7716

Category grades

Amenities F Commute F Cost of living F Crime A- Employment A+ Housing B Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stamford, CT
• City population: 123,058
• Population (ZIP): 13,630

Population outlook (Western Connecticut County) Hauer SSP2

• By 2040: 685,031

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 11% Hispanic / Latino 9% Black 6% Asian 6%
• Hispanic origin (detail): Cuban 1%
• Common ancestry: Romanian 6% Scotch-Irish 4% Italian 2%
• Foreign-born: 18% · Canada, China, Dominican Republic
• Languages at home: 78% English-only · Other Indo-European 6% Spanish 5% Russian/Polish/Slavic 4%

Political lean MEDSL · Western Connecticut

• 2024 margin: D (+19.1) · D 58.8% · R 39.7% · Other 1.6%
• All cycles: 2024: D+19.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -247.05%
• Current HPI: 163.3073
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

+53.2% since first listed

12 events — show timeline

• 2026-05-15 Pending — Smart MLS
• 2026-05-12 Contingent — Smart MLS
• 2026-05-07 Listed $1,025,000 Smart MLS
• 2026-05-04 Coming Soon $1,025,000 Smart MLS
• 2019-06-19 Sold (Public Records) $675,000 Public Records
• 2019-06-17 Sold (MLS) $675,000 Smart MLS
• 2019-03-26 Listing Removed — Smart MLS
• 2019-03-15 Contingent — Smart MLS
• 2019-03-08 Listed $665,000 Smart MLS
• 2002-11-15 Sold (Public Records) $655,000 Public Records
• 2002-11-14 Sold (MLS) $655,000 Smart MLS
• 2002-09-19 Listed $669,000 Smart MLS

Property tax history

+1.5%/yr

Latest (2022): $11,074 · +1.4% YoY. Source: county tax records.