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Property profile & analytics
OFF-MARKET
Estimated value
$3,690,000
Residential income homes
225 Taft Ave Bridgeport, CT 06606-5577
Entity Owned
7-yr Hold
Property ID
US15-1179808
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1991
Construction
FRAME
Total area
30,303 SF
Lot
0.5 ac (21,950 SF)
Zoning code
RC
APN
BRID M:46 B:1438 L:14-B
UPID
US15-1179808
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Taft Commons Apartment Building
-
Saiman Spidy’s Nilayam Housing Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$3.69M
Owner & transaction history
1000 Keys Realty LLC · 7 yrs held
1000 Keys Realty LLC
since 2019
7 recorded transactions
Zoning & alternative use
RC · Bridgeport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.6M
+59.8%
Commercial (general)
$4.7M
+33.9%
Office building
$3.7M
+3.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bridgeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,525,000
Current use
RETAIL STORES
$5,630,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,720,000
Change: +34% · Conversion: Moderate
OFFICE BUILDING
$3,655,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$3.69M
Range $3.32M – $4.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$105,189
Tax year 2023
Assessed value
$2,420,930
Assessed 2023
Previous assessed
$2,420,930
+0.0% YoY
Effective rate
4.34%
On assessed value
Assessed land
$552,860
Assessed improvement
$1,868,070
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1991
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
4
Units
1
Rooms
170
Bathrooms
68
Total area
30,303 SF
Lot
0.5 ac (21,950 SF)
Zoning code
RC
APN
BRID M:46 B:1438 L:14-B
UPID
US15-1179808
Jurisdiction
BRIDGEPORT
Zoning & alternative use
RC · Bridgeport, CT
Zoning RC · permitted uses
RC · Bridgeport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgeport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.5M
RETAIL STORES
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
1
Units
1
Rooms
170
Bathrooms
68
Lot
0.5 ac
Current owner
From public records · entity-resolved
1000 Keys Realty LLC
Entity
Mailing address
16TH ALLEN 1ST DR, DARIEN, CT 06820-4233
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2019
—
1000 Keys Realty LLC
225 Taft LLC
Warranty Deed
$2,775,000 · Peoples United Bank
Dec 31, 2012
$1
225 Taft LLC
Redbrick
Warranty Deed
—
Dec 31, 2012
—
225 Taft LLC
—
Deed Of Trust
related
$1,987,500 · Zions First National Bank
Aug 27, 2008
—
Redbrick 2 LP
—
Deed Of Trust
related
$2,147,061 · Zions First National Bank
Mar 17, 2005
$1,850,000
Redbrick 2 LP
Fernandez,nereida
Warranty Deed
$1,387,500 · City & Suburban Fsb
Apr 7, 1995
$525,000
Robert E Fernandez
Ali INC
Grant Deed
$400,000 · Zenon Grzybowski
Jul 31, 1989
—
Greentree Devel Corp
—
Deed Of Trust
related
$1,250,000 · Village Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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