Property profile

124 Grasmere Ave Fairfield, CT 06824

OFF-MARKET
Residential income homes
Property ID
US15-0079732
2,665 SF 0.11 ac lot Built 1919
Entity Owned 24-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1919
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,665 SF
Lot 0.11 ac (5,000 SF)
Zoning code DCD
APN FAIR M:130 B:271
UPID US15-0079732

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

124 Grasmere Ave Fairfield, CT 06824
Fairfield metro Census 61500 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2002
4 recorded transactions
2002
$340,000
1996
Price N/A
1994
Price N/A
1989
Price N/A

Zoning & alternative use

DCD · Fairfield, CT
Zoning description

Designed Commercial District DCD Neighborhood Designed Business District NDBD Designed Industrial District DID Designed Research District DRD Flood Plain District FPD 1.4 Zoning Map The boundaries of these districts are…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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