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    Property profile & analytics

    235-237 Division Ave Shelton, CT 06484

    • Residential income homes
    • 3,528 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US15-0395662
    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 235-237 Division Ave

    Year built
    1920
    Lot size
    0.14 lot acres
    Property size
    3,528 SF
    Zone code
    R-5
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    SHEL M:117B L:97
    APU
    SHELM117BL97

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $415,000
      7%
      $390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $415,000
      Mixed-Use
      $335,000
      Hospitality
      $380,000
      Educational
      $320,000
      Residential Income
      $315,000
      Energy
      $315,000
      Income-Based Land
      $400,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.0945
    Latitude
    41.3144
    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
    $4,066
    $39,480
    $193,270
    $232,750
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $475,000
      2,845 SF

      68 Maltby St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,845 SF
      68 Maltby St, Shelton, CT 06484
      View Details
    • Value Estimation
      $555,000
      3,712 SF

      106 Riv Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,712 SF
      106 Riv Rd, Shelton, CT 06484-4498
      View Details
    • Value Estimation
      $425,000
      9,112 SF

      109-111 Hl St

      APARTMENT HOUSE (UNDER 5 UNITS) • 9,112 SF
      109-111 Hl St, Shelton, CT 06484
      View Details
    • Value Estimation
      $555,000
      6,078 SF

      571-573 Howe Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,078 SF
      571-573 Howe Ave, Shelton, CT 06484
      View Details
    • Value Estimation
      $415,000
      3,336 SF

      882 Howe Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,336 SF
      882 Howe Ave, Shelton, CT 06484-2344
      View Details
    • Value Estimation
      $240,000
      4,296 SF

      714-716 Howe Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,296 SF
      714-716 Howe Ave, Shelton, CT 06484
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $1,500 /Mo

      Well-Maintained Apartment with Included Utilities

      One-bedroom apartment with heat and hot water included.
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      View Details
    • $2,200 /Mo

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      Remodeled second-floor apartment featuring new hardwood floors and updated amenities.
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      View Details
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      One-bedroom apartment with office space in prime location.
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      View Details
    • $2,000 /Mo

      Spacious 3BR Apartment with Updates

      Clean, roomy 3BR apartment with modern amenities and convenient location.
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    • $2,200 /Mo

      Shelton Apartment with Wraparound Porch

      Bright 2-3 bedroom apartment with in-unit laundry and porch.
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      View Details
    • $1,800 /Mo

      Renovated Three-Bedroom Apartment For Rent

      Recently renovated 3-bedroom apartment with finished attic and stainless appliances.
      30 Hull St, Shelton, CT 06484
      View Details
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    235-237 Division Ave
    Shelton, CT 06484
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    Realmo Value Estimation

    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.

    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.

    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
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