134 Summer St #1 · Stamford, CT 06840

$259,000

1 bd · 2.0 ba · 753 sqft · Condo public records · 15 Days on market

Built 1939 $296/mo HOA · 9% of rent

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Why this score? — see what drove the C+ 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 +25.7/30.0
• DSCR +8.6/10.0
• 1% rule +7.9/10.0
• ARV discount +7.5/15.0
• Schools +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to 134 Woodside Green #1 in Stamford. This spacious condo offers comfortable living with a large bedroom featuring its own private bathroom, plus a private patio and separate entrance for added convenience. Ideally located within walking distance to shopping, dining, and everyday amenities, making it the perfect blend of comfort and accessibility.

Key facts

• Separate entrance
• Private patio
• Private bathroom

Tags

• PRIVATE BATHROOM
• PRIVATE PATIO
• SEPARATE ENTRANCE
• WALKING DISTANCE TO SHOPPING
• WALKING DISTANCE TO DINING
• WALKING DISTANCE TO AMENITIES

Property features AI

Finance

• Other: Unit is on the 1st floor of a 212-unit complex
• HOA & community: Monthly HOA fee of $296; HOA covers grounds maintenance, trash pickup, snow removal, hot water, and property management; Professionally managed (off-site); Pets allowed: cats and dogs

Exterior

• Utilities: Public water; Public sewer; Hot water: other
• Home design: Condominium in Woodside Green; White exterior
• Construction: Frame construction
• Exterior features: Brick siding; Patio; Beach rights

Interior

• Kitchen: Oven/Range; Microwave; Refrigerator; Dishwasher
• Bedrooms: 1 bedroom
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump heating (electric); Wall unit cooling
• Interior features: One-level unit; No basement
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 1-bed/2.0-bath condo listed at $259k.

Deal economics

• At list price, monthly cash flow is $621 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $259k).
• Recommended offer: $255k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 3.0% in Stamford — 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 70/100 on livability (#98 in CT) — a middle-class / working-renter tenant base. Strengths: employment A+, health & safety A+, crime A-; Watch: amenities F, commute F, cost of living F.
• Stamford School District (urban): math 32% / reading 43% proficiency, ranked #103 of 153 in CT (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Davenport Ridge School (math 36% / reading 42%, grade F, #310 of 553 statewide, top 56%, 659 students, 41% FRL); Rippowam Middle School (math 20% / reading 37%, grade F, #146 of 175 statewide, top 84%, 725 students, 59% FRL); Stamford High School (math 31% / reading 56%, grade F, #98 of 194 statewide, top 51%, 2,048 students, 53% FRL).
• Market conditions: 165 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,151 units permitted in Western Connecticut Planning Region in 2024 (714 in 5+ unit buildings).
• This rent is only 16% of the median local income ($250k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($255k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $255,115 (1.5% below list)

Questions for the listing agent

1. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 1.29% ✓
• Cap rate: 9.17%
• Cash-on-cash: 10.27%
• DSCR: 1.46
• GRM: 6.5

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: -0.8%
• Equity multiple: 0.97×
• Total profit: $-2,234
• Equity at exit: $38,618

10-year hold

• IRR: 8.9%
• Equity multiple: 1.69×
• Total profit: $49,745
• Equity at exit: $22,394

Cash invested: $72,520 (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 06840

• Active inventory: 165
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $3,337 high
• Mortgage (P&I): −$1,358
• Tax from tax record: −$253 /mo · $3,041/yr
• Insurance: −$108
• HOA: −$296
• Vacancy / Maint / Mgmt: −$701
• Net cashflow: $621

Break-even live

Break-even rent $2,551

Max offer price $259,000

Occupancy floor 76%

Sensitivity live

Price	-10% $768	-5% $694	+0% $621	+5% $548	+10% $474
Rent	-10% $357	-5% $489	+0% $621	+5% $753	+10% $885
Rate	-1.0pp $751	-0.5pp $687	base $621	+0.5pp $554	+1.0pp $486

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
140 Summer St Unit 1A Stamford, CT	1.0	1.0	816	$2,350	$2.88	45d	1	0.02mi
66 Summer St Stamford, CT	1.0–2.0	1.0–2.0	889	$2,861	$3.22	4d	15	0.03mi
184 Summer St Stamford, CT	3.0	1.0–2.5	1138	$2,876	$2.53	45d	18	0.04mi
184 Summer St Stamford, CT	2.0	1.0–2.5	901	$3,456	$3.83	4d	18	0.04mi
191 Summer St Unit 3 Stamford, CT	1.0	1.0	700	$2,500	$3.57	45d	1	0.05mi
1011 Washington Blvd Stamford, CT	2.0	1.0–2.0	883	$3,456	$3.91	4d	20	0.09mi
1 Atlantic St Unit 609 Stamford, CT	1.0	1.0	600	$2,284	$3.81	45d	1	0.11mi
51 Bank St Unit 2C Stamford, CT	1.0	1.0	750	$2,095	$2.79	4d	1	0.11mi
14 Relay Pl Unit R3 Stamford, CT	2.0	1.0	1100	$2,450	$2.23	45d	1	0.17mi
460 Summer St Unit 500 Stamford, CT	1.0	1.0	550	$2,425	$4.41	16d	1	0.17mi
460 Summer St Ste 310 Stamford, CT	1.0	1.0	550	$2,400	$4.36	4d	1	0.17mi
100 Tresser Blvd Stamford, CT	3.0	1.0–2.0	1090	$5,121	$4.70	0d	11	0.18mi
485 Summer St Unit 307 Stamford, CT	1.0	1.0	619	$2,200	$3.55	25d	1	0.19mi
25 Main St Apt 3 Stamford, CT	1.0	1.0	525	$1,850	$3.52	25d	1	0.24mi
355 Atlantic St Stamford, CT	2.0	1.0–2.0	840	$3,529	$4.20	4d	13	0.25mi
150 Broad St Stamford, CT	2.0	1.0–2.0	814	$3,352	$4.12	4d	13	0.26mi
639 Summer St #20 Stamford, CT	2.0	1.0	836	$2,500	$2.99	4d	1	0.26mi
405 Atlantic St Stamford, CT	2.0	1.0–2.0	818	$3,926	$4.80	0d	19	0.27mi
75 Tresser Blvd Stamford, CT	2.0	1.0–2.0	870	$3,348	$3.85	4d	21	0.27mi
127 Greyrock Pl #1408 Stamford, CT	1.0	1.0	831	$2,700	$3.25	16d	1	0.28mi
127 Greyrock Pl #1613 Stamford, CT	1.0	1.0	764	$2,500	$3.27	25d	1	0.28mi
127 Greyrock Pl Unit 1050386P Stamford, CT	1.0	1.0	721	$5,305	$7.36	20d	1	0.28mi
127 Greyrock Pl Unit 1050369P Stamford, CT	1.0	1.0	592	$3,150	$5.32	45d	1	0.28mi
700 Summer St Unit 6C Stamford, CT	1.0	1.0	900	$2,950	$3.28	45d	1	0.28mi
700 Summer St Stamford, CT	1.0	1.0	739	$2,300	$3.11	4d	3	0.28mi
81 Tresser Blvd Unit 1547625P Stamford, CT	1.0	1.0	850	$6,099	$7.18	15d	1	0.28mi
401 Atlantic St Unit 17f Stamford, CT	1.0	1.0	754	$2,497	$3.31	45d	1	0.28mi
25 Forest St Unit 7G Stamford, CT	1.0	1.0	784	$2,725	$3.48	15d	1	0.29mi
711 Summer St Unit 420 Stamford, CT	1.0	1.0	600	$2,206	$3.68	25d	1	0.30mi
711 Summer St Unit 567 Stamford, CT	1.0	1.0	600	$2,218	$3.70	45d	1	0.30mi
711 Summer St Unit 318 Stamford, CT	1.0	1.0	600	$2,303	$3.84	4d	1	0.30mi
750 Summer St Stamford, CT	1.0	1.0	888	$2,629	$2.96	45d	1	0.30mi
750 Summer St Stamford, CT	2.0	2.0	1090	$3,350	$3.07	4d	1	0.30mi
1340 Washington Blvd Stamford, CT	1.0–2.0	1.0–2.0	969	$2,669	$2.75	13d	11	0.30mi
9 W Main St Stamford, CT	2.0	1.0–2.0	739	$2,770	$3.75	4d	1	0.31mi
1 Greyrock Pl Stamford, CT	2.0	1.0	641	$3,100	$4.84	4d	25	0.31mi
444 Bedford St Stamford, CT	2.0	1.0	705	$2,298	$3.26	45d	3	0.32mi
444 Bedford St Stamford, CT	1.0	1.0	690	$2,062	$2.99	22d	2	0.32mi
444 Bedford St Unit 6J Stamford, CT	1.0	1.0	610	$2,200	$3.61	13d	1	0.32mi
15 Renwick St #2 Stamford, CT	2.0	1.5	1064	$2,750	$2.58	45d	1	0.32mi

HOA detail condo

• Monthly dues: $296 · $3,552/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 13 events

1. 2026-06-17
   status $259,000 Under Contract 15 DOM
2. 2026-06-16
   days on market $259,000 Active 15 DOM
3. 2026-06-15
   days on market $259,000 Active 14 DOM
4. 2026-06-13
   days on market $259,000 Active 12 DOM
5. 2026-06-13
   days on market $259,000 Active 11 DOM
6. 2026-06-10
   days on market $259,000 Active 9 DOM
7. 2026-06-09
   days on market $259,000 Active 8 DOM
8. 2026-06-08
   days on market $259,000 Active 7 DOM
9. 2026-06-07
   days on market $259,000 Active 6 DOM
10. 2026-06-05
    days on market $259,000 Active 3 DOM
11. 2026-06-03
    days on market $259,000 Active 2 DOM
12. 2026-06-02
    remarks 357-char remark
13. 2026-06-02
    listed $259,000 Active 1 DOM

ⓘ 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: $3,041 · $253/mo
• Projected year-2 tax: $4,292 · $358/mo
• Expected delta: +$1,251/yr (+$104/mo · 41.1%)

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

Taxation est. · year 1

• Rental income: $40,048
• − Mortgage interest: −$14,508
• − Property taxes: −$3,041
• − Insurance: −$1,295
• − Repairs & maintenance: −$3,204
• − Management: −$3,204
• − HOA: −$3,552
• − Depreciation: −$7,535
• Taxable income: $3,709
• Est. tax owed @ 24.0%: −$890
• After-tax cash flow: $6,561/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: Stamford School District
• NCES district ID: 0904320
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $78,843
• Composite: 35.14/100
• National rank: #5010
• State rank: #103 of 153 in CT

Livability — Stamford

• Score: 70/100
• State rank: #98
• US rank: #7716

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Stamford, CT
• County: Fairfield County · 765,532 people
• City population: 123,058
• Metro: Bridgeport-Stamford-Norwalk, CT
• Population (ZIP): 20,870
• Household income: $250,001
• Rent vs Own: 16.3% rent · 83.7% own
• Severe rent burden: 261.0

Population outlook (Western Connecticut County) Hauer SSP2

• By 2040: 685,031

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Two or more races 7% Asian 6% Hispanic / Latino 5% Black 2%
• Common ancestry: Romanian 5% Lithuanian 4% Italian 2%
• Foreign-born: 14% · Canada, China, South Korea
• Languages at home: 85% English-only · Other Indo-European 6% Chinese 2% Spanish 2%

Political lean MEDSL · Western Connecticut

• 2024 margin: D (+19.1) · D 58.8% · R 39.7% · Other 1.6%
• All cycles: 2024: D+19.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -480.93%
• Current HPI: 232.5667
• Rent YoY: —
• 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

1 event — show timeline

• 2026-06-01 Listed $259,000 Smart MLS

Property tax history

+4.2%/yr

Latest (2022): $3,041 · +0.8% YoY. Source: county tax records.