Two-Unit Brick
For Sale
$479,000
220 Priscilla Street, Bridgeport, CT 06610
Separate three- and two-bedroom residences provide distinct living areas within one property.
Property Size2,052 SF
Price / SF$233.43
Days on Market10
Property Features for 220 Priscilla Street
General Information
Standard status
Active
Size
2,052 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3 bedrooms, 1 x 2 bedrooms
Multifamily Units
2
Building Details
Year Built
1942
Buildings
1
Construction
brick exterior
Listing Agency:
Rosana Melo Realty
Listed By:
Rosania Melo · License #857185
(203) 374-9451
Source:
Lowerhudsonvalleyproperties
Added: Sep 26
Changed: Sep 30
Last Checked: Oct 4 at 7:01AM
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 Rosana Melo Realty
Investment Insights
Based on property information with market context.
This brick duplex contains two separate residences, one with three bedrooms and the other with two. The property was built in 1942 and is zoned RA.
An oversized, fully fenced lot provides outdoor space, and the property includes parking. The address is 220 Priscilla Street in Bridgeport, Connecticut.
An oversized, fully fenced lot provides outdoor space, and the property includes parking. The address is 220 Priscilla Street in Bridgeport, Connecticut.
Key Highlights
- Two separate residences: one with 3 bedrooms and one with 2
- Brick exterior
- Oversized, fully fenced lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,592
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,840
$531.8K
Cap Rate 7%
$379,886
$379.9K
Cap Rate 9%
$295,467
$295.5K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$40.6K $19.80/SF
− Vacancy
−$2.6K −$1.29/SF
EGI
$38.0K $18.51/SF
− OpEx
−$11.4K −$5.55/SF
NOI
$26.6K $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 Rate 5%
$531,840
Cap Rate 7%
$379,886
Cap Rate 9%
$295,467
Alternative Uses
Best Use
Multifamily LT 5
$379.9K
$332.4K – $443.2K
NOI $26,592 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$344.8K
$301.7K – $402.3K
NOI $24,137 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$585.7K
$512.5K – $683.3K
NOI $40,998 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 06610, CT
23,347
Population
9,292
Households
2.5
Avg Household Size
39
Median Age
17%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
7,531
Density / Sq Mi
$50,836
Median Household Income
$36,698
Median Earnings
$1,364
Median Rent
$224,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate three- and two-bedroom residences provide distinct living areas within one property.
Where is this duplex located?
The property is located at 220 Priscilla Street Bridgeport, CT.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two separate residences: one with 3 bedrooms and one with 2; Brick exterior; Oversized, fully fenced lot
