Two-Family Home with In-Law
1287 Howard Avenue Bridgeport, CT 06605
New
1287 Howard Avenue, Bridgeport, CT, 06605
$579,900
For Sale
$579,900
Two-family residence with three private entrances and a finished third-floor in-law-style suite.
Property Size2,937 SF
Price / SF$197.45
Days on Market5
Property Features for 1287 Howard Avenue
General Information
- Standard status
- Active
- Size
- 2,937 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1934
Listing agency
Century 21 AllPoints Realty
(860) 966-9217
Listed by
Tyler DeVecchis · License #452508574
(860) 966-9217
Source
Iverty
Added: Jul 18 Updated: Jul 21 at 11:15AM Checked: Jul 21 at 11:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 AllPoints Realty
Investment Insights
Based on property information with market context.
Located at 1287 Howard Avenue, this well-maintained two-family home offers a flexible configuration for owner-occupants and investors. Each of the first- and second-floor apartments features spacious two-bedroom layouts with walk-in closets, bright living rooms, formal dining rooms, and full bathrooms, with hardwood floors noted in the dining areas. A finished third-floor in-law-style suite adds two bedrooms and a full bathroom, supported by separate private entrances.
The property sits on the edge of the Brooklawn neighborhood. Outdoor space includes an oversized backyard and ample off-street parking.
The home reflects recent major improvements, including a newer roof, replacement windows, a furnace, and a hot water heater.
The property sits on the edge of the Brooklawn neighborhood. Outdoor space includes an oversized backyard and ample off-street parking.
The home reflects recent major improvements, including a newer roof, replacement windows, a furnace, and a hot water heater.
Key Highlights
- Two‑family home built in 1934 with approximately 2,937 sq ft of living space
- 6 bedrooms and 3 full bathrooms across the two apartments plus a finished third‑floor in‑law‑style suite
- Three private entrances for flexible living arrangements and rental use
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.2k | $19.80 |
| − Vacancy | −$3.8k | −$1.29 |
| EGI | $54.4k | $18.51 |
| − OpEx | −$16.3k | −$5.55 |
| NOI | $38.1k | $12.96 |
2,937 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$543.7K
$475.8K – $634.4K
NOI $38,061 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$493.5K
$431.8K – $575.8K
NOI $34,547 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$838.3K
$733.5K – $978.0K
NOI $58,680 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family residence with three private entrances and a finished third-floor in-law-style suite.
Where is this duplex located?
The property is located at 1287 Howard Avenue Bridgeport, CT.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two‑family home built in 1934 with approximately 2,937 sq ft of living space; 6 bedrooms and 3 full bathrooms across the two apartments plus a finished third‑floor in‑law‑style suite; Three private entrances for flexible living arrangements and rental use