Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1785 Boston Ave Bridgeport, CT 06610-2663

    • Residential income homes
    • 3,524 SF
    • 0.17 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2022
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0501142
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1785 Boston Ave

    Year built
    1954
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    3,524 SF
    Zone code
    ORS
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    BRID M:50 B:1925 L:19
    APU
    BRIDM50B1925L19

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $525,000
      Market price range: $299k - $526k
      AI Estimate
      $425,000
      Market price range: $269k - $425k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $410,000
      Current use
      AUTO REPAIR, GARAGE
      $825,000
      Change: +101% Conversion: Difficult
      RETAIL STORES
      $655,000
      Change: +60% Conversion: Difficult
      OFFICE BUILDING
      $425,000
      Change: +4% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $415,000
      Change: +1% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.161
    Latitude
    41.1939
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,915
    $93,100
    $181,130
    $274,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,157 SF

      1606 Barnum Ave, Unit 1612

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,157 SF
      1606 Barnum Ave, Bridgeport, CT 06610-3202
      View Details
    • Value Estimation by Request
      3,656 SF

      123-125 Pixlee Pl

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,656 SF
      123-125 Pixlee Pl, Bridgeport, CT 06610
      View Details
    • Value Estimation by Request
      4,260 SF

      1974 Main St, Unit 1980

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,260 SF
      1974 Main St, Bridgeport, CT 06610-1948
      View Details
    • Value Estimation
      $555,000
      8,088 SF

      57-59 Ml Hl Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,088 SF
      57-59 Ml Hl Ave, Bridgeport, CT 06610
      View Details
    • Value Estimation
      $630,000
      4,758 SF

      249 Ee Ave, Unit 255

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,758 SF
      249 Ee Ave, Bridgeport, CT 06610-3218
      View Details
    • Value Estimation by Request
      4,184 SF

      1600-1604 Barnum Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,184 SF
      1600-1604 Barnum Ave, Bridgeport, CT 06610
      View Details

    Similar Nearby for Sale

    • $550,000

      Turnkey 5-Unit Investment Property

      Five-unit property with income growth potential in a high-demand area.
      33 Granfield Ave, Bridgeport, CT 06610
      View Details
    • $35,000

      Bridgeport Multifamily Property For Sale

      Multifamily property available for purchase in Bridgeport, Connecticut.
      361 A, Bridgeport, CT 06610
      View Details
    • $65,000

      Cozy 2-Bedroom Apartment Unit

      2-bedroom, 1-bath apartment unit for sale.
      744 Canaan Rd, Bridgeport, CT 06610
      View Details
    • $36,900

      Affordable One Bedroom Home

      One-bedroom home with new appliances, cash only purchase.
      397 Granfield Ave, Bridgeport, CT 06610
      View Details
    • $38,000

      Updated Co-op in Success Village

      Updated 1-bedroom co-op in the heart of Success Village.
      357 Granfield Ave, Bridgeport, CT 06610
      View Details
    • $60,000

      Well-Maintained 2 Bed Unit

      Second-floor unit with included utilities and assigned parking.
      260 Success Ave, Bridgeport, CT 06610
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo

      Bridgeport Apartment with Parking

      One-bedroom apartment with parking, close to shopping and transportation.
      250 N Bishop Ave, Bridgeport, CT 06610
      View Details
    • $2,150 /Mo

      Spacious Apartment in Mill Hill

      Bright 3-bedroom apartment in Bridgeport's desirable Mill Hill neighborhood.
      222 Summerfield Ave, Bridgeport, CT 06610
      View Details
    • $1,500 /Mo

      Renovated One Bedroom Apartment

      Recently renovated one-bedroom apartment with utilities included.
      327 Dover St, Bridgeport, CT 06610
      View Details
    • $2,000 /Mo

      Clean Two-Bedroom Apartment Available

      Well-maintained two-bedroom apartment for rent.
      299 Dover St, Bridgeport, CT 06610
      View Details
    • $1,700 /Mo

      Bright Bridgeport Apartment for Rent

      Spacious 2-bedroom apartment in a convenient Bridgeport location.
      527 Huntington Rd, Bridgeport, CT 06610
      View Details
    • $1,650 /Mo

      Remodeled One Bedroom Apartment

      Modern one-bedroom apartment with laundry, parking, yard, and porch.
      1851 Central Ave, Bridgeport, CT 06610
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1785 Boston Ave
    Bridgeport, CT 06610-2663
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.