1679 Litchfield Tpke · Woodbridge, CT 06525

$599,900

5 bd · 3.0 ba · 3,676 sqft · MultiFamily public records · 26 Days on market

Built 1976 8,276 sqft lot

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.1/30.0
• ARV discount +7.5/15.0
• Schools +7.1/10.0
• DSCR +4.6/10.0
• 1% rule +4.4/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Bank owned- being sold as is. Very rare 2 family for sale in woodbridge. Both units over 1500sq ft

Key facts

• 8,276 sq ft lot
• 2 garage spots
• Built 1976

Property features AI

Exterior

• Parking: Carport; Paved off-street parking; 6 total parking spaces; 2 garages
• Utilities: Public water connected; Public sewer connected; Gas hot water and heating
• Home design: Multi-family property (2-family)
• Construction: Frame construction; Vinyl siding; Asphalt shingle roof; Concrete foundation
• Exterior features: City views; Water access

Interior

• Bedrooms: 6 bedrooms
• Bathrooms: 3 full baths; 2 half baths
• Heating & cooling: Gas heating; Wall and window cooling units; 30-gallon hot water tank
• Interior features: 14 total rooms; Crawl space basement; Attic with access via hatch; Wall and window cooling units; Common laundry area
• Laundry & utility: Laundry on the first floor; Common laundry area

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/2.0-bath units multifamily listed at $600k.

Deal economics

• At list price, monthly cash flow is $-234 ($-3k/yr) — negative. Per door: $-117/mo.
• To cash-flow at today's rent, offer at most $559k (6.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $566k (5.7% below list).
• Recommended offer: $559k (6.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Woodbridge School District (suburban): math 71% / reading 79% proficiency, ranked #5 of 153 in CT (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 4% free/reduced lunch — higher-income household profile.
• Zoned schools: Beecher Road School (math 71% / reading 79%, grade A, #43 of 553 statewide, top 8%, 847 students, 14% FRL); Amity Middle School: Bethany (math 56% / reading 70%, grade B+, #34 of 175 statewide, top 20%, 365 students, 16% FRL); Amity Regional High School (math 52% / reading 82%, grade B, #26 of 194 statewide, top 16%, 1,318 students, 13% FRL).
• Market conditions: 59 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,059 units permitted in South Central Connecticut Planning Region in 2024 (779 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $18k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($591k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 24y ago; this cycle's ask is 189% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $390k; list at $600k implies a 54% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $558,593 (6.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1976 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.38%
• DSCR: 1.06
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.0%
• Equity multiple: 0.34×
• Total profit: $-111,674
• Equity at exit: $89,447

10-year hold

• IRR: -11.3%
• Equity multiple: 0.32×
• Total profit: $-114,679
• Equity at exit: $51,868

Cash invested: $167,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06525

• Active inventory: 59
• Price-to-rent: 17.7×

Monthly cashflow live

• Estimated rent: $5,659 high
• Mortgage (P&I): −$3,146
• Tax from tax record: −$882 /mo · $10,584/yr
• Insurance: −$250
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,188
• Net cashflow: $-234

Break-even live

Break-even rent $5,955

Max offer price $558,593

Occupancy floor 99%

Sensitivity live

Price	-10% $106	-5% $-64	+0% $-234	+5% $-404	+10% $-573
Rent	-10% $-681	-5% $-457	+0% $-234	+5% $-10	+10% $213
Rate	-1.0pp $68	-0.5pp $-81	base $-234	+0.5pp $-389	+1.0pp $-547

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	2	$5,660
Total (2 units)			$5,659

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $149,975
• Closing costs: $17,997
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1214 Whalley Ave New Haven, CT	4.0	2.0	2500	$3,000	$1.20	13d	1	0.93mi

Listing history 27 events

1. 2026-06-21
   days on market $599,900 Active 26 DOM
2. 2026-06-18
   days on market $599,900 Active 23 DOM
3. 2026-06-17
   days on market $599,900 Active 22 DOM
4. 2026-06-16
   days on market $599,900 Active 21 DOM
5. 2026-06-15
   days on market $599,900 Active 20 DOM
6. 2026-06-14
   days on market $599,900 Active 18 DOM
7. 2026-06-13
   days on market $599,900 Active 17 DOM
8. 2026-06-10
   days on market $599,900 Active 15 DOM
9. 2026-06-09
   days on market $599,900 Active 14 DOM
10. 2026-06-08
    days on market $599,900 Active 13 DOM
11. 2026-06-07
    days on market $599,900 Active 12 DOM
12. 2026-06-03
    days on market $599,900 Active 8 DOM
13. 2026-06-03
    days on market $599,900 Active 7 DOM
14. 2026-06-01
    days on market $599,900 Active 6 DOM
15. 2026-05-31
    days on market $599,900 Active 5 DOM
16. 2026-05-23
    historical $599,900
17. 2022-06-28
    soldstatus $390,000
18. 2010-06-29
    soldstatus $184,428 98-char remark

    Show marketing remark (98 chars)

    Bank owned- being sold as is. Very rare 2 family for sale in woodbridge. Both units over 1500sq ft

19. 2010-03-04
    listed $207,734 98-char remark

    Show marketing remark (98 chars)

    Bank owned- being sold as is. Very rare 2 family for sale in woodbridge. Both units over 1500sq ft

20. 2009-09-07
    historical
21. 2008-09-07
    listed $350,000
22. 2007-02-16
    soldstatus $350,000
23. 2007-01-17
    soldstatus $350,000
24. 2006-05-01
    listed $350,000
25. 2002-08-29
    soldstatus $200,000
26. 2002-08-29
    soldstatus $200,000
27. 2002-05-06
    listed $209,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $10,584 · $882/mo
• Projected year-2 tax: $11,711 · $976/mo
• Expected delta: +$1,127/yr (+$94/mo · 10.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 5 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $67,908
• − Mortgage interest: −$33,604
• − Property taxes: −$10,584
• − Insurance: −$8,118
• − Repairs & maintenance: −$5,433
• − Management: −$5,433
• − Depreciation: −$17,452
• Taxable loss: −$12,715
• Est. tax savings @ 24.0%: +$3,052
• After-tax cash flow: $246/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Woodbridge School District
• NCES district ID: 0905310
• Math proficiency: 71% ▼ -3.00%
• Reading proficiency: 79% ▼ -1.00%
• Median HH income: $133,177
• Composite: 71.44/100
• National rank: #226
• State rank: #5 of 153 in CT

Livability — Woodbridge

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 9,041

Population outlook (South Central Connecticut County) Hauer SSP2

• By 2040: 608,362

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Asian 10% Two or more races 6% Hispanic / Latino 6% Black 3%
• Hispanic origin (detail): Puerto Rican 3% Salvadoran 1%
• Common ancestry: Romanian 7% Scotch-Irish 3% Italian 2%
• Foreign-born: 16% · Canada, China, South Korea
• Languages at home: 84% English-only · Other Indo-European 5% Chinese 3% Spanish 3%

Political lean MEDSL · South Central Connecticut

• 2024 margin: Strong D (+20.1) · D 59.0% · R 38.9% · Other 2.1%
• All cycles: 2024: D+20.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -171.37%
• Current HPI: 211.2985
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

+185.8% since first listed

12 events — show timeline

• 2026-05-23 Coming Soon $599,900 Smart MLS
• 2022-06-28 Sold (Public Records) $390,000 Public Records
• 2010-06-29 Sold (MLS) $184,428 Smart MLS
• 2010-03-04 Listed $207,734 Smart MLS
• 2009-09-07 Listing Removed — Smart MLS
• 2008-09-07 Listed $350,000 Smart MLS
• 2007-02-16 Sold (MLS) $350,000 Smart MLS
• 2007-01-17 Sold (Public Records) $350,000 Public Records
• 2006-05-01 Listed $350,000 Smart MLS
• 2002-08-29 Sold (Public Records) $200,000 Public Records
• 2002-08-29 Sold (MLS) $200,000 Smart MLS
• 2002-05-06 Listed $209,900 Smart MLS

Property tax history

+3.0%/yr

Latest (2023): $10,584 · +3.0% YoY. Source: county tax records.