Duplex With Lower-Level
For Sale
$689,000
4 Ascolese, Trumbull, CT 06611
Updated ranch-style duplex with a separate driveway and entrance serving the lower-level apartment.
Property Size1,935 SF
Price / SF$356.07
Days on Market55
Property Features for 4 Ascolese
General Information
Standard status
Active
Size
1,935 SF
Property subtype
2 Family
Amenities
gazebo
fenced yard
Building Details
Year Built
1954
Construction
Ranch
Listing Agency:
Country Club Properties
(203) 322-8770
Listed By:
Ruth Miner · License #REB.0788887
(203) 858-9750
Source:
Lockandkeyre
Added: Aug 18
Changed: Oct 10
Last Checked: Oct 9 at 11:05PM
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 Country Club Properties
Investment Insights
Based on property information with market context.
Built in 1954, this updated ranch-style duplex combines a five-bedroom, two-bath main residence with a legal two-bedroom apartment on the lower level. The apartment has its own driveway and entrance, creating clear separation between the two living areas.
Improvements include refreshed kitchens and bathrooms, crown molding, recessed lighting, and a heated sunroom that has been used as a family room. Exterior features include a gazebo and a private rear yard enclosed by fencing. The property is located at 4 Ascolese Rd in Trumbull, Connecticut.
Improvements include refreshed kitchens and bathrooms, crown molding, recessed lighting, and a heated sunroom that has been used as a family room. Exterior features include a gazebo and a private rear yard enclosed by fencing. The property is located at 4 Ascolese Rd in Trumbull, Connecticut.
Key Highlights
- Legal 2‑bedroom lower‑level apartment
- Separate driveway and entrance for the lower apartment
- Main residence includes 5 bedrooms and 2 full baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,076
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,520
$501.5K
Cap Rate 7%
$358,229
$358.2K
Cap Rate 9%
$278,622
$278.6K
Market Conditions
NOI Build-Up for 1,935 SF
Gross rent
$38.3K $19.80/SF
− Vacancy
−$2.5K −$1.29/SF
EGI
$35.8K $18.51/SF
− OpEx
−$10.7K −$5.55/SF
NOI
$25.1K $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%
$501,520
Cap Rate 7%
$358,229
Cap Rate 9%
$278,622
Alternative Uses
Best Use
Multifamily LT 5
$358.2K
$313.5K – $417.9K
NOI $25,076 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$325.2K
$284.5K – $379.4K
NOI $22,761 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$552.3K
$483.3K – $644.3K
NOI $38,660 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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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
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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 - Updated ranch-style duplex with a separate driveway and entrance serving the lower-level apartment.
Where is this duplex located?
The property is located at 4 Ascolese Trumbull, CT.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Legal 2‑bedroom lower‑level apartment; Separate driveway and entrance for the lower apartment; Main residence includes 5 bedrooms and 2 full baths
