Property profile

5 Main St Norwalk, CT 06851

OFF-MARKET
Residential income homes
Property ID
US15-1244638
3,312 SF 0.12 ac lot Built 1880
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1880
Construction FRAME
Total area 3,312 SF
Lot 0.12 ac (5,140 SF)
Zoning code D
APN NORW M:1 B:75 L:17
UPID US15-1244638

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Location

5 Main St Norwalk, CT 06851-4554
Norwalk metro Census 43400 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$375k
Blend (final) Blend
$545k

Owner & transaction history

since 2024
Last sale
$545,000
7 recorded transactions
2024
Price N/A
2013
$545,000
2004
$675,000
1996
$222,500
1995
$20,000
1990
$213,529
1987
Price N/A

Zoning & alternative use

D · Norwalk, CT
Top alternative use upside
Commercial (general) $800,000 +52.4%
Auto repair, garage $775,000 +47.5%
Office building $715,000 +36.7%

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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