165 Yaremich Dr · Bridgeport, CT 06606

$69,900

2 bd · 1.0 ba · 816 sqft · Condo · 208 Days on market

Built 1963 Average condition $86/sqft · 50% below area $753/mo HOA · 34% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.3/5.0
• Condition / age +2.8/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located in the North End of Bridgeport, this charming 2-bedroom co-op at the Stone Ridge offers a Comfortable & Convenient Lifestyle. As you Step Inside your Own Entrance, you discover a Generously Sized Living Room, perfect for relaxing and entertaining. The Large Eat-In Kitchen has with Newer Stove, ample space for Dining & Washer & Dryer. Hardwood Floors in Living Room, Bedrooms (1 currently has carpeting, but there is HW under it). Newer Bath w/Stand up Shower. Unit has been totally Painted. One of the Standout Benefits of Ownership is the Manageable HOA which Includes Real Estate Taxes, Water, Sewer, Heat, Hot Water, Grounds Maintenance, Common Area Maintenance, Snow Removal, Trash Removal, & Management. This Simplifies your Monthly Expenses and Ensures a Well-Maintained Community. The location of Stone Ridge Co-op is truly ideal for Commuters, Offering Easy Access to Major Highways, Shopping, & Parks. This Co-op presents a Fantastic Opportunity to Enjoy a Comfortable & Carefree Living.

Key facts

• Newer stove
• Large eat-in kitchen
• Own entrance

Tags

• OWN ENTRANCE
• GENEROUSLY SIZED LIVING ROOM
• LARGE EAT-IN KITCHEN
• NEWER STOVE
• HARDWOOD FLOORS
• NEWER BATH

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $70k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $538 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.5% vs local median 5.0% in Bridgeport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#15 in CT, #1,374 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D+, schools D-.
• Bridgeport School District (urban): math 9% / reading 19% proficiency, ranked #151 of 153 in CT (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 97% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.1%/yr); 152 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 852 units permitted in Greater Bridgeport Planning Region in 2024 (698 in 5+ unit buildings).
• This rent runs 37% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.1% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 208 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: HOA is 34% of rent.
• Climate carrying-cost: major wind risk, 41% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 208 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 3.21% ✓
• Cap rate: 15.53%
• Cash-on-cash: 32.98%
• DSCR: 2.47
• GRM: 2.6

CMA / ARV

• ARV (median comp): $139,924
• List price: $69,900
• Delta: -50.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.12% rent growth · sell at horizon

5-year hold

• IRR: 28.8%
• Equity multiple: 2.21×
• Total profit: $23,700
• Equity at exit: $10,422

10-year hold

• IRR: 36.5%
• Equity multiple: 4.47×
• Total profit: $67,886
• Equity at exit: $6,044

Cash invested: $19,572 (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 06606

• Rents YoY: 3.1%
• Active inventory: 152
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $2,246 high
• Mortgage (P&I): −$367
• Tax est. 1.5%: −$87 /mo · $1,048/yr
• Insurance: −$29
• HOA: −$753
• Vacancy / Maint / Mgmt: −$472
• Net cashflow: $538

Break-even live

Break-even rent $1,565

Max offer price $69,900

Occupancy floor 71%

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: $17,475
• Closing costs: $2,097
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
66 Dodd Ave Bridgeport, CT	1.0	1.0	728	$2,150	$2.95	11d	1	0.45mi
66 Dodd Ave Unit 2 Bridgeport, CT	2.0	1.0	728	$2,450	$3.37	11d	1	0.45mi
614 Earl Ave Bridgeport, CT	2.0	1.0	748	$2,300	$3.07	43d	1	0.60mi
100 Avalon Gates Trumbull, CT	1.0–3.0	1.0–2.0	1082	$2,662	$2.46	2d	28	0.63mi
577 Sylvan Ave Unit 201 Bridgeport, CT	2.0	2.0	875	$2,075	$2.37	14d	1	0.74mi
524 Beechmont Ave Bridgeport, CT	3.0	1.0	1104	$3,500	$3.17	23d	1	0.85mi
100 Woodside Ct Trumbull, CT	1.0–2.0	1.0–2.5	1117	$3,786	$3.39	2d	10	0.90mi
30 Quarry St Bridgeport, CT	1.0–2.0	1.0	805	$1,825	$2.27	23d	3	0.92mi
3250 Main St Unit B209 Bridgeport, CT	2.0	2.0	813	$2,000	$2.46	43d	1	1.04mi
100 Oakview Dr Trumbull, CT	1.0–2.0	1.0–2.0	1028	$3,390	$3.30	2d	1	1.05mi
454 Summit St Bridgeport, CT	2.0	1.0	1010	$2,000	$1.98	43d	1	1.06mi
120 Huntington Tpke #809 Bridgeport, CT	2.0	1.0	940	$2,100	$2.23	3d	1	1.07mi
980 Lindley St Unit 304F Bridgeport, CT	2.0	2.0	936	$2,200	$2.35	23d	1	1.11mi
380 Gurdon St Unit 1 Bridgeport, CT	1.0	1.0	744	$2,000	$2.69	21d	1	1.13mi
97 Wentworth St Unit 3 Bridgeport, CT	2.0	1.0	950	$2,000	$2.11	2d	1	1.14mi
950 Lindley St Bridgeport, CT	1.0	1.0	650	$1,650	$2.54	19d	1	1.15mi
173 Fairview Ave Unit 3 Bridgeport, CT	3.0	1.0	1000	$2,300	$2.30	43d	1	1.16mi
154 Virginia Ave Unit B Bridgeport, CT	1.0	1.0	650	$1,800	$2.77	43d	1	1.17mi
170 Sequoia Rd Bridgeport, CT	1.0	1.0	850	$1,850	$2.18	23d	1	1.18mi
68-70 Westfield Ave Bridgeport, CT	2.0	1.0	888	$2,200	$2.48	3d	1	1.19mi
220 Alpine St Unit 222 3rd floor Bridgeport, CT	2.0	1.0	900	$2,000	$2.22	43d	1	1.20mi
275 Burnsford Ave Bridgeport, CT	3.0	1.0	1116	$3,200	$2.87	23d	1	1.21mi
186 Louisiana Ave Unit D Bridgeport, CT	1.0	1.0	650	$1,700	$2.62	21d	1	1.23mi
150 Anton St Bridgeport, CT	1.0	1.0–1.5	532	$2,090	$3.92	3d	4	1.24mi
333 Vincellette St #59 Bridgeport, CT	1.0	1.0	975	$2,000	$2.05	11d	1	1.25mi
35 Nob Hill Cir Unit D Bridgeport, CT	2.0	1.0	900	$2,050	$2.28	43d	1	1.29mi
365 Glendale Ave Unit B2 Bridgeport, CT	1.0	1.0	661	$1,600	$2.42	43d	1	1.31mi
282 Texas Ave Unit Nob Bridgeport, CT	2.0	1.0	980	$2,000	$2.04	14d	1	1.34mi
343 Wayne St Unit 1st Bridgeport, CT	1.0	1.0	650	$1,300	$2.00	3d	1	1.39mi
343 Wayne St Unit 1st Bridgeport, CT	1.0	1.0	650	$1,300	$2.00	43d	1	1.39mi
191 DuPont Pl Bridgeport, CT	2.0	1.0	810	$1,850	$2.28	23d	1	1.40mi
197-199 Dupont Pl Bridgeport, CT	1.0	1.0	976	$1,700	$1.74	3d	1	1.41mi
119 Dupont Pl Bridgeport, CT	2.0	1.0	820	$2,000	$2.44	43d	1	1.41mi
104 Kennedy Dr Bridgeport, CT	2.0	1.0	1023	$2,600	$2.54	43d	1	1.46mi
127 Kennedy Dr #127 Bridgeport, CT	2.0	1.0	1023	$2,250	$2.20	11d	1	1.46mi
164 French St Unit 3 Bridgeport, CT	2.0	1.0	1068	$1,750	$1.64	43d	1	1.48mi
201 French St Unit 3 Bridgeport, CT	2.0	1.0	1094	$2,000	$1.83	23d	1	1.48mi

HOA detail condo

• Monthly dues: $753 · $9,036/yr
• Likely covers: watersewertrashlandscapingsnow removal
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-18
   days on market $69,900 Active 208 DOM
2. 2026-06-17
   days on market $69,900 Active 207 DOM
3. 2026-06-16
   days on market $69,900 Active 206 DOM
4. 2026-06-15
   days on market $69,900 Active 205 DOM
5. 2026-06-13
   days on market $69,900 Active 203 DOM
6. 2026-06-13
   days on market $69,900 Active 202 DOM
7. 2026-06-10
   days on market $69,900 Active 200 DOM
8. 2026-06-09
   days on market $69,900 Active 199 DOM
9. 2026-06-08
   days on market $69,900 Active 198 DOM
10. 2026-06-07
    days on market $69,900 Active 197 DOM
11. 2026-06-05
    days on market $69,900 Active 194 DOM
12. 2026-06-03
    days on market $69,900 Active 193 DOM
13. 2026-06-03
    days on market $69,900 Active 192 DOM
14. 2026-06-01
    days on market $69,900 Active 191 DOM
15. 2026-05-31
    days on market $69,900 Active 190 DOM
16. 2026-03-31
    status Active 1031-char remark

    Show marketing remark (1031 chars)

    Located in the North End of Bridgeport, this charming 2-bedroom co-op at the Stone Ridge offers a Comfortable & Convenient Lifestyle. As you Step Inside your Own Entrance, you discover a Generously Sized Living Room, perfect for relaxing and entertaining. The Large Eat-In Kitchen has with Newer Stove, ample space for Dining & Washer & Dryer. Hardwood Floors in Living Room, Bedrooms (1 currently has carpeting, but there is HW under it). Newer Bath w/Stand up Shower. Unit has been totally Painted. One of the Standout Benefits of Ownership is the Manageable HOA which Includes Real Estate Taxes, Water, Sewer, Heat, Hot Water, Grounds Maintenance, Common Area Maintenance, Snow Removal, Trash Removal, & Management. This Simplifies your Monthly Expenses and Ensures a Well-Maintained Community. The location of Stone Ridge Co-op is truly ideal for Commuters, Offering Easy Access to Major Highways, Shopping, & Parks. This Co-op presents a Fantastic Opportunity to Enjoy a Comfortable & Carefree Living.

17. 2026-01-14
    historical Under Contract - Continue to Show 1031-char remark

    Show marketing remark (1031 chars)

    Located in the North End of Bridgeport, this charming 2-bedroom co-op at the Stone Ridge offers a Comfortable & Convenient Lifestyle. As you Step Inside your Own Entrance, you discover a Generously Sized Living Room, perfect for relaxing and entertaining. The Large Eat-In Kitchen has with Newer Stove, ample space for Dining & Washer & Dryer. Hardwood Floors in Living Room, Bedrooms (1 currently has carpeting, but there is HW under it). Newer Bath w/Stand up Shower. Unit has been totally Painted. One of the Standout Benefits of Ownership is the Manageable HOA which Includes Real Estate Taxes, Water, Sewer, Heat, Hot Water, Grounds Maintenance, Common Area Maintenance, Snow Removal, Trash Removal, & Management. This Simplifies your Monthly Expenses and Ensures a Well-Maintained Community. The location of Stone Ridge Co-op is truly ideal for Commuters, Offering Easy Access to Major Highways, Shopping, & Parks. This Co-op presents a Fantastic Opportunity to Enjoy a Comfortable & Carefree Living.

18. 2025-11-22
    listed $69,900 Active 1031-char remark

    Show marketing remark (1031 chars)

    Located in the North End of Bridgeport, this charming 2-bedroom co-op at the Stone Ridge offers a Comfortable & Convenient Lifestyle. As you Step Inside your Own Entrance, you discover a Generously Sized Living Room, perfect for relaxing and entertaining. The Large Eat-In Kitchen has with Newer Stove, ample space for Dining & Washer & Dryer. Hardwood Floors in Living Room, Bedrooms (1 currently has carpeting, but there is HW under it). Newer Bath w/Stand up Shower. Unit has been totally Painted. One of the Standout Benefits of Ownership is the Manageable HOA which Includes Real Estate Taxes, Water, Sewer, Heat, Hot Water, Grounds Maintenance, Common Area Maintenance, Snow Removal, Trash Removal, & Management. This Simplifies your Monthly Expenses and Ensures a Well-Maintained Community. The location of Stone Ridge Co-op is truly ideal for Commuters, Offering Easy Access to Major Highways, Shopping, & Parks. This Co-op presents a Fantastic Opportunity to Enjoy a Comfortable & Carefree Living.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 41% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,946
• − Mortgage interest: −$3,915
• − Property taxes: −$1,048
• − Insurance: −$350
• − Repairs & maintenance: −$2,156
• − Management: −$2,156
• − HOA: −$9,036
• − Depreciation: −$2,033
• Taxable income: $6,252
• Est. tax owed @ 24.0%: −$1,500
• After-tax cash flow: $4,954/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.

Condition & rehab AI · 9 photos

Average 55/100 Cosmetic rehab

This 2-bedroom co-op has been painted and is in average condition, with some minor repairs needed. Upgrading the kitchen and landscaping can significantly increase its value.

Repairs flagged

• Minor Kitchen cabinets — Slight wear
• Minor Bathroom fixtures — Slight wear

Value-add opportunities

• Both Painting — Fresh paint can make a significant difference in curb appeal and interior condition
• Both Landscaping — A well-maintained yard can enhance curb appeal and attract potential buyers
• Both Kitchen appliances — Upgrading to newer, more energy-efficient appliances can increase both resale and rental value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Kitchen cabinets · Slight wear	Minor	$500–3,000
Bathroom fixtures · Slight wear	Minor	$500–3,000
Total estimated repair cost · 2 items		$1,000–6,000

Value-add ROI direction

• Both Painting — Fresh paint can make a significant difference in curb appeal and interior condition ↑
• Both Landscaping — A well-maintained yard can enhance curb appeal and attract potential buyers ↑
• Both Kitchen appliances — Upgrading to newer, more energy-efficient appliances can increase both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Bridgeport School District
• NCES district ID: 0900450
• Math proficiency: 9% ▼ -7.00%
• Reading proficiency: 19% ▼ -10.00%
• Median HH income: $41,507
• Composite: 12.09/100
• National rank: #9656
• State rank: #151 of 153 in CT

Livability — Bridgeport

• Score: 81/100
• State rank: #15
• US rank: #1374

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime C- Employment D+ Housing A Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridgeport, CT
• County: Fairfield County · 765,532 people
• City population: 149,153
• Metro: Bridgeport-Stamford-Norwalk, CT
• Population (ZIP): 49,308
• Household income: $73,372
• Rent vs Own: 42.9% rent · 57.1% own
• Severe rent burden: 2163.0

Population outlook (Greater Bridgeport County) Hauer SSP2

• By 2040: 365,581

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: Hispanic / Latino 37% White 31% Black 19% Two or more races 11% Asian 7%
• Hispanic origin (detail): Mexican 5% Puerto Rican 12% Dominican 4%
• Common ancestry: Estonian 5% Russian 4% Romanian 3%
• Foreign-born: 37% · Canada, Jamaica, Vietnam
• Languages at home: 50% English-only · Spanish 27% Other Indo-European 15% French/Haitian/Cajun 2%

Political lean MEDSL · Greater Bridgeport

• 2024 margin: Strong D (+23.3) · D 60.9% · R 37.6% · Other 1.5%
• All cycles: 2024: D+23.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -270.11%
• Current HPI: 345.647
• Rent YoY: ▲ 3.12%
• Metro: Bridgeport-Stamford-Norwalk, CT
• 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

3 events — show timeline

• 2026-03-31 Relisted — Smart MLS
• 2026-01-14 Contingent — Smart MLS
• 2025-11-22 Listed $69,900 Smart MLS