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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Residential income homes
47 Alfred St 53 Bridgeport, CT 06605-2935
Individually Owned
2-yr Hold
Property ID
US15-0955486
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1919
Total area
4,574 SF
Lot
0.11 ac (5,000 SF)
Zoning code
RBB
APN
BRID M:8 B:236 L:22
UPID
US15-0955486
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$625k
Owner & transaction history
Victor S Yates · 2 yrs held
Victor S Yates
since 2024
Last sale
$625,000
6 recorded transactions
Zoning & alternative use
RBB · Bridgeport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$850,000
+59.8%
Commercial (general)
$560,000
+5.3%
Office building
$550,000
+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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$530,000
Current use
RETAIL STORES
$850,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$550,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Jan 25 2024)
Last sale anchor
$625k
Jan 25 2024
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
$137 / 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
$11,936
Tax year 2023
Assessed value
$274,700
Assessed 2023
Previous assessed
$274,700
+0.0% YoY
Effective rate
4.35%
On assessed value
Assessed land
$95,250
Assessed improvement
$179,450
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
1919
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
20
Bathrooms
4
Total area
4,574 SF
Lot
0.11 ac (5,000 SF)
Zoning code
RBB
APN
BRID M:8 B:236 L:22
UPID
US15-0955486
Jurisdiction
BRIDGEPORT
Zoning & alternative use
RBB · Bridgeport, CT
Zoning RBB · permitted uses
RBB · 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
$530,000
RETAIL STORES
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$560,000
OFFICE BUILDING
Est. value
$550,000
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
1919
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
20
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Victor S Yates
Individual
Mailing address
47 ALFRED ST #53, BRIDGEPORT, CT 06605-2935
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2024
$625,000
Victor S Yates
Hicham Zaimsassi
Warranty Deed
$570,000 · Crosscountry Mortgage INC
Jun 1, 2022
—
Hicham Zaimsassi
Hicham Zaimsassi
Quit Claim Deed
related
—
May 16, 2022
—
Hicham Zainsassi
Youssef Zainsassi
Quit Claim Deed
related
—
Jan 25, 2021
—
Hicham Zaimsassi
Alfred Housing LLC
Quit Claim Deed
related
—
Mar 8, 2018
$275,000
Alfred Housing LLC
Gayle,laverne
Warranty Deed
—
Oct 2, 1998
$129,000
Laverne Gayle
Liptak,david J
Warranty Deed
$116,100 · Washington Mutual 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.
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