Renovated Side-by-Side
For Sale
$599,900
180 Dupont Pl, Bridgeport, CT 06611
Two units offer updated kitchens, private driveways, and in-unit laundry.
Property Size1,620 SF
Price / SF$370.31
Days on Market34
Property Features for 180 Dupont Pl
General Information
Standard status
Active
Size
1,620 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
fenced yard
Building Details
Year Built
1942
Year Renovated
2018
Buildings
1
Listing Agency:
RE/MAX Right Choice
(203) 268-1118
Listed By:
Basil Amso · License #RES.0777456
Source:
Themialeteam
Added: Jul 29
Changed: Aug 30
Last Checked: Aug 30 at 4:13PM
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 RE/MAX Right Choice
Investment Insights
Based on property information with market context.
This side-by-side duplex contains 1,620 square feet and underwent a full interior reconstruction in 2018. Each residence includes a contemporary kitchen with white shaker cabinetry, stainless steel appliances, and Carrera white quartz countertops, along with a modern tiled bathroom, hardwood flooring, updated lighting, and refreshed doors and trim. Separate laundry areas serve both units.
Major building systems and exterior components have also been updated, including the electrical and plumbing, roof, thermopane windows, gas furnaces, and water heaters. The property includes an oversized two-car garage with updated siding and roofing, plus a large fenced yard. Both units have their own newly paved driveway and are positioned on a cul-de-sac at 180 Dupont Pl in Bridgeport, Connecticut.
Major building systems and exterior components have also been updated, including the electrical and plumbing, roof, thermopane windows, gas furnaces, and water heaters. The property includes an oversized two-car garage with updated siding and roofing, plus a large fenced yard. Both units have their own newly paved driveway and are positioned on a cul-de-sac at 180 Dupont Pl in Bridgeport, Connecticut.
Key Highlights
- 1,620‑square‑foot side‑by‑side duplex
- Completely rebuilt in 2018
- Two kitchens with stainless steel appliances and Carrera white quartz countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,994
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,880
$419.9K
Cap Rate 7%
$299,914
$299.9K
Cap Rate 9%
$233,267
$233.3K
Market Conditions
NOI Build-Up for 1,620 SF
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.
Gross rent
$32.1K $19.80/SF
− Vacancy
−$2.1K −$1.29/SF
EGI
$30.0K $18.51/SF
− OpEx
−$9.0K −$5.55/SF
NOI
$21.0K $12.96/SF
Area
Bridgeport, CT
Vacancy
6.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$419,880
Cap Rate 7%
$299,914
Cap Rate 9%
$233,267
Alternative Uses
Best Use
Multifamily LT 5
$299.9K
$262.4K – $349.9K
NOI $20,994 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,056 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,367 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
Demographics for 06611, CT
36,835
Population
12,468
Households
3
Avg Household Size
43
Median Age
60%
College-Educated
95%
High-School Grad
23.3 sq mi
ZIP Area
1,581
Density / Sq Mi
$163,227
Median Household Income
$75,795
Median Earnings
$2,292
Median Rent
$495,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two units offer updated kitchens, private driveways, and in-unit laundry.
Where is this duplex located?
The property is located at 180 Dupont Pl Bridgeport, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1,620‑square‑foot side‑by‑side duplex; Completely rebuilt in 2018; Two kitchens with stainless steel appliances and Carrera white quartz countertops
