395 Franklin Ave Stratford, CT 06614

3 beds · 3 baths · 1,405 sq ft · Lot Size: 5,663 sq ft · Single Family Home
Est. Property Value: $357,866

High Demand Long-Term RentalValued below Market MedianOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

395 Franklin Ave is in the 06614 neighborhood of Stratford, CT. It is located in Greater Bridgeport County and ZIP code 06614. This Single Family Home was built in 1954 and is approximately 71 years old. The single family home spans 1405 sq ft with 3 bedrooms and 3 bathrooms and sits on a 5663 sq ft lot. According to public records, it was last sold in 2020 for $255,900 and has a tax-assessed value of $354,255, which is $255 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 395 Franklin Ave Stratford, CT 06614 with Property Intel by Whitepages.

395 Franklin Ave

Stratford, CT 06614

Neighborhood

Owners & Occupancy for 395 Franklin Ave

No contact information is available.

Occupancy

Resident 1*******************
Resident 2************* age 36
Resident 3****************** age 68

Property Financials for 395 Franklin Ave

395 Franklin Ave, Stratford, CT has a mortgage from Housing Dev Fund Inc (orig. August 11, 2020). The Greater Bridgeport county assessment for 2024 values it at $354,255, with annual taxes of $6,219.

Mortgage & Equity Information

Loan Amount$*****
LenderHousing Dev Fund Inc
Origination DateAugust 11, 2020
Interest Rate****%
Term20 Years
Rate TypeFixed
Est Balance$********
Due Date***************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateAugust 07, 2020
Property Tax Amount$6,219 in 2024
Purchase Price$255,900
Assessed Value$354,255 on 2024

Investment Potential for 395 Franklin Ave

The property has a current estimated value of $357,866, which is 20% below the zip median, based on public records. It last sold on August 07, 2020 for $256K. Projected long-term
is $40,200 annually ($3,350 per month) with a 92% occupancy rate.

Discover more Single Family Homes in 06614.
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Long-Term

Gross Rental
$40,200 per year($3,350 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
92%in 06614 zip code
 
View Rental Potential

Property Details for 395 Franklin Ave

Property Details

Property Sq Ft

Living Area

1,405 sq ft

2% below market

Lot Size

5,663 sq ft

38% below market

Price Per Sq Ft

Living Area

$255 / sq ft

16% below market

Lot Size Area

$63 / sq ft

29% above market

Property condition, age, exterior, etc. for 395 Frankl…
Longitude: -73.149077 Latitude: 41.198396 Parcel Number (APN): STRA-003010-000001-000008…

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Market Benchmarks

Compare data for 395 Franklin Ave in Greater Bridgeport County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$357,866
$374,920
-$17,054 (-5%)
$******
$570,006
-$43,789 (-8%)
YoY Price Change
****%
2.62%
-448%
Year Built
1954
1962
-8 years
Living Space
1,405 sq ft
1,485 sq ft
-80 (-5%)
$ Per Living Sq Ft
$255
$249
$5 (2%)
Lot Size
5,663 sq ft
19,602 sq ft
-13939 (-71%)
$ Per Lot Sq Ft
$63
$20
$44 (222%)

Net Operating Income
$*****
$27,583
-$1,598 (-6%)
Annual Revenue
$40,200
$42,000
-$1,800 (-4%)
$*****
$14,851
-$636 (-4%)
Net Operating Income
$*****
$27,583
-$1,598 (-6%)
Cap Rate
****%
7.46%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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