Side-by-Side
For Sale
$699,000
49-55 Dupont Pl, Bridgeport, CT 06610
Four-unit residential property with separate utility metering, outdoor areas, deck space, and off-street parking.
Property Size2,764 SF
Price / SF$252.89
Days on Market11
Property Features for 49-55 Dupont Pl
General Information
Standard status
Active
Size
2,764 SF
Property subtype
Multi-Family
Building Details
Year Built
1942
Listing Agency:
BHGRE Shore & Country
(914) 752-8788
Listed By:
Mei Ling Cheung (914) 752-8788 (203) 504-5005 · License #RES.0800750
Source:
Rhodeislandhomesforsale
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 29 at 10:46AM
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 BHGRE Shore & Country
Investment Insights
Based on property information with market context.
This 2,764-square-foot quadplex contains two 1-bedroom units and two 2-bedroom units in a side-by-side layout. Each residence has separately metered utilities, with tenants responsible for their own utility expenses. The property also includes front and rear yard areas, deck space, and off-street parking.
Built in 1942, the property is located at 49-55 Dupont Pl in Bridgeport, CT 06610. Roofing was updated in 2023 and carries a lifetime warranty. The residential setting and distinct unit configuration provide a straightforward multifamily layout for an investor or owner-occupant.
Built in 1942, the property is located at 49-55 Dupont Pl in Bridgeport, CT 06610. Roofing was updated in 2023 and carries a lifetime warranty. The residential setting and distinct unit configuration provide a straightforward multifamily layout for an investor or owner-occupant.
Key Highlights
- Four‑unit side‑by‑side quadplex at 49‑55 Dupont Pl, Bridgeport, CT 06610
- Unit mix includes two 1‑bedroom units and two 2‑bedroom units
- 2,764 square feet; built in 1942
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
$35,819
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
5.12%
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%
$716,380
$716.4K
Cap Rate 7%
$511,700
$511.7K
Cap Rate 9%
$397,989
$398.0K
Market Conditions
NOI Build-Up for 2,764 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
$54.7K $19.80/SF
− Vacancy
−$3.6K −$1.29/SF
EGI
$51.2K $18.51/SF
− OpEx
−$15.4K −$5.55/SF
NOI
$35.8K $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%
$716,380
Cap Rate 7%
$511,700
Cap Rate 9%
$397,989
Alternative Uses
Best Use
Multifamily LT 5
$511.7K
$447.7K – $597.0K
NOI $35,819 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$464.5K
$406.4K – $541.9K
NOI $32,512 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$788.9K
$690.3K – $920.4K
NOI $55,223 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
321
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with separate utility metering, outdoor areas, deck space, and off-street parking.
Where is this quadplex located?
The property is located at 49-55 Dupont Pl Bridgeport, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four‑unit side‑by‑side quadplex at 49‑55 Dupont Pl, Bridgeport, CT 06610; Unit mix includes two 1‑bedroom units and two 2‑bedroom units; 2,764 square feet; built in 1942
