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Two-Family House in Bridgeport
For Sale
$329,000
Pending

307 Dover, Bridgeport, CT 06610

Two-family house with full basement, sold as-is.

Property Size1,712 SF
Days on Market194

Property Features for 307 Dover

General Information

Standard status Pending
Size 1,712 SF
Property subtype 2 Family

Site & Location

Neighborhood Mill Hill

Building Details

Year Built 1910
Listing Agency: RE/MAX Right Choice
Listed By: Luisa Dias · License #RES.0181250
Source: Lockandkeyre
Added: Apr 20 Changed: Oct 29 Last Checked: Oct 28 at 8:17AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This is an attached two-family house featuring a total of 8 rooms, including 4 bedrooms and 2 baths. The property includes a full basement. The property is to be sold in as-is condition, and there is no property condition disclosure available due to it being an estate sale. The location has a bike score of 43, indicating it is somewhat bikeable, a walk score of 41, indicating car-dependent, and a transit score of 34, indicating some transit options are available.

Key Highlights

  • Two‑family house
  • Features four bedrooms
  • Includes two bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,186
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,720 $443.7K
Cap Rate 7%
$316,943 $316.9K
Cap Rate 9%
$246,511 $246.5K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$33.9K $19.80/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$31.7K $18.51/SF
− OpEx
−$9.5K −$5.55/SF
NOI
$22.2K $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%
$443,720
Cap Rate 7%
$316,943
Cap Rate 9%
$246,511

Alternative Uses

Best Use
Multifamily LT 5
$316.9K
$277.3K – $369.8K (±1% cap)
NOI $22,186 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$287.7K
$251.7K – $335.6K (±1% cap)
NOI $20,138 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$488.6K
$427.6K – $570.1K (±1% cap)
NOI $34,205 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-family house with full basement, sold as-is.
Where is this duplex located?
The property is located at 307 Dover Bridgeport, CT.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Two‑family house; Features four bedrooms; Includes two bathrooms
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Includes: Price & PSF · Cap rate · Location · Zoning

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