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    Property profile & analytics

    51 Circular Ave Bridgeport, CT 06605-3051

    • Residential income homes
    • 4,059 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US15-0424515
    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 51 Circular Ave

    Year built
    1920
    Lot size
    0.19 lot acres
    Property size
    4,059 SF
    Zone code
    RC
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    BRID M:11 B:246 L:14
    APU
    BRIDM11B246L14

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $445,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $360,000
      Mixed-Use
      $465,000
      Hospitality
      $385,000
      Educational
      $345,000
      Residential Income
      $450,000
      Energy
      $465,000
      Income-Based Land
      $445,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.224
    Latitude
    41.1592
    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
    $13,479
    $154,830
    $155,400
    $310,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      5,429 SF

      351-353 Clinton Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,429 SF
      351-353 Clinton Ave, Bridgeport, CT 06605
      View Details
    • Value Estimation
      $325,000
      4,335 SF

      626-628 Colorado Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,335 SF
      626-628 Colorado Ave, Bridgeport, CT 06605
      View Details
    • Value Estimation
      $280,000
      4,511 SF

      94 Cottage St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,511 SF
      94 Cottage St, Bridgeport, CT 06605-1205
      View Details
    • Value Estimation
      $630,000
      3,153 SF

      419-421 Davidson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,153 SF
      419-421 Davidson St, Bridgeport, CT 06605
      View Details
    • Value Estimation
      $335,000
      3,800 SF

      957 Hancock Ave, Unit 963

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,800 SF
      957 Hancock Ave, Bridgeport, CT 06605-1912
      View Details
    • Value Estimation
      $280,000
      5,421 SF

      1288 Iranistan Ave, Unit 1294

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,421 SF
      1288 Iranistan Ave, Bridgeport, CT 06605-1007
      View Details

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    51 Circular Ave
    Bridgeport, CT 06605-3051
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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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