337 Jewett Ave · Bridgeport, CT 06606

$330,000

3 bd · 1.5 ba · 1,397 sqft · SingleFamily public records · 23 Days on market

Built 1948 6,098 sqft lot Est $409k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.5/30.0
• 1% rule +4.4/10.0
• DSCR +4.1/10.0
• Livability +4.0/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks

As of 5 29 seller is working with an offer after a highest and best final offer by 5/26 11:59 PM EST. North End Brick Cape which has so much opportunity is here diamond in the rough. You can turn it into your dream with your touches. Close to everything, schools, dining, parks, major transportation, I 95, Merritt Parkway. Brick home with a nice layout. This has living room with fireplace, dining room, eat in kitchen, family room with sliders to a deck, full and half bath, bedroom all on first floor. 2nd floor has 2 large bedrooms. Level yard 1 car garage, level yard. This property is subject to 3 day first look periods. This is for owner occupant offers. Seller will negotiate all offers aft

Key facts

• Eat in kitchen
• Dining room
• Deck

Tags

• NORTH END BRICK CAPE
• LIVING ROOM WITH FIREPLACE
• DINING ROOM
• EAT IN KITCHEN
• FAMILY ROOM WITH SLIDERS
• DECK

Property features AI

Exterior

• Parking: Detached garage; Driveway parking; Three total parking spaces; One garage
• Utilities: Public water connected; Public sewer connected; Electric service (standard)
• Home design: Single-family home; Private driveway
• Construction: Frame and brick construction; Brick exterior; Block foundation; Asphalt shingle roof; Built as single-family (year built not provided)
• Exterior features: Deck; Level lot; Beach rights

Interior

• Bedrooms: Three bedrooms
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: No heat
• Interior features: Seven total rooms; One fireplace; Full, unfinished basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $330k.

Deal economics

• At list price, monthly cash flow is $10 ($125/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $311k (5.7% below list).
• Recommended offer: $311k (5.7% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 5.0% in Bridgeport — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 852 units permitted in Greater Bridgeport Planning Region in 2024 (698 in 5+ unit buildings).
• At $3,113/mo this rent would consume 51% of the median local household income ($73k/yr) (locally 2163% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($325k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• 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 $311,320 (5.7% below list)

Questions for the listing agent

1. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.94% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.14%
• DSCR: 1.01
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $409,321
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
403 Clark St	0.33mi	3/1.5	1,373 (-2%)	0mo	$375,000	$273	82
35 Marcel St	0.41mi	3/1.0	1,370 (-2%)	1mo	$400,000	$292	75
255 Ruth St	0.09mi	3/1.0	1,219 (-13%)	1mo	$379,900	$312	72
37 Herald Ave	0.35mi	4/1.5 (+1)	1,332 (-5%)	2mo	$390,000	$293	69
33 Trelane Dr	0.44mi	3/2.5	1,288 (-8%)	1mo	$517,500	$402	61
671 Fairview Ave	0.68mi	3/2.5	1,420 (+2%)	3mo	$422,000	$297	59
120 Clark St	0.37mi	4/2.0 (+1)	1,556 (+11%)	2mo	$550,000	$353	55
604 Birmingham St	0.31mi	2/1.0 (-1)	1,582 (+13%)	2mo	$356,000	$225	55
114 Oxford St	0.61mi	4/1.0 (+1)	1,457 (+4%)	3mo	$360,000	$247	55
11 Stratfield Pl	0.71mi	4/1.0 (+1)	1,358 (-3%)	2mo	$426,000	$314	53
291 Frenchtown Rd	0.69mi	3/1.5	1,584 (+13%)	3mo	$399,000	$252	43
76 Luther St	0.72mi	3/1.0	1,570 (+12%)	2mo	$425,000	$271	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -15.9%
• Equity multiple: 0.43×
• Total profit: $-52,281
• Equity at exit: $49,204

10-year hold

• IRR: -7.2%
• Equity multiple: 0.54×
• Total profit: $-42,509
• Equity at exit: $28,532

Cash invested: $92,400 (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: 8.8×

Monthly cashflow live

• Estimated rent: $3,113 high
• Mortgage (P&I): −$1,731
• Tax from tax record: −$581 /mo · $6,971/yr
• Insurance: −$138
• HOA: −$0
• Vacancy / Maint / Mgmt: −$654
• Net cashflow: $10

Break-even live

Break-even rent $3,100

Max offer price $330,000

Occupancy floor 95%

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: $82,500
• Closing costs: $9,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
127 Englewood Ave Bridgeport, CT	3.0	2.0	1530	$3,800	$2.48	43d	1	0.17mi
120 Englewood Ave Bridgeport, CT	4.0	2.0	1675	$3,650	$2.18	3d	1	0.19mi
466 Merritt St Bridgeport, CT	2.0	1.0	1650	$1,800	$1.09	43d	1	0.21mi
275 Burnsford Ave Bridgeport, CT	3.0	1.0	1116	$3,200	$2.87	23d	1	0.23mi
200 Woodmont Ave #127 Bridgeport, CT	2.0	1.5	1184	$2,600	$2.20	23d	1	0.24mi
340 Pleasantview Ave Unit 2nd/3rd floors Bridgeport, CT	4.0	2.0	1728	$3,000	$1.74	43d	1	0.37mi
524 Beechmont Ave Bridgeport, CT	3.0	1.0	1104	$3,500	$3.17	23d	1	0.40mi
104 Kennedy Dr Bridgeport, CT	2.0	1.0	1023	$2,600	$2.54	43d	1	0.40mi
765 Birmingham St Bridgeport, CT	3.0	1.0	1094	$3,600	$3.29	2d	1	0.44mi
127 Kennedy Dr #127 Bridgeport, CT	2.0	1.0	1023	$2,250	$2.20	11d	1	0.44mi
318 Valley Ave Bridgeport, CT	4.0	2.0	1718	$3,250	$1.89	23d	1	0.50mi
1956 Madison Ave Unit 2 Bridgeport, CT	2.0	2.0	1166	$1,800	$1.54	43d	1	0.51mi
28 Higgins Ave Bridgeport, CT	2.0	1.0	1828	$2,200	$1.20	3d	1	0.52mi
180 Pleasantview Ave Bridgeport, CT	3.0	2.0	1373	$3,700	$2.69	43d	1	0.52mi
15 Overland Ave Bridgeport, CT	3.0	2.5	1713	$4,700	$2.74	43d	1	0.52mi
110 Grenelle St Bridgeport, CT	3.0	1.0	1351	$4,000	$2.96	3d	1	0.53mi
97 Wentworth St Unit 3 Bridgeport, CT	2.0	1.0	950	$2,000	$2.11	2d	1	0.55mi
30 Quarry St Bridgeport, CT	1.0–2.0	1.0	805	$1,825	$2.27	23d	3	0.56mi
415 Savoy St Bridgeport, CT	3.0	3.0	1850	$3,500	$1.89	43d	1	0.57mi
927 Birmingham St Bridgeport, CT	4.0	2.0	1362	$3,800	$2.79	2d	1	0.57mi
130 Deramo Pl Bridgeport, CT	3.0	1.5	1252	$3,700	$2.96	2d	1	0.61mi
56 Janet Cir #7 Bridgeport, CT	2.0	2.0	1156	$2,600	$2.25	3d	1	0.64mi
192 Frenchtown Rd Bridgeport, CT	3.0	3.5	1744	$4,200	$2.41	43d	1	0.64mi
845 Hart St Unit 2 Bridgeport, CT	3.0	1.0	1200	$2,500	$2.08	43d	1	0.66mi
139 Little Deer Rd Bridgeport, CT	4.0	2.0	1420	$3,600	$2.54	43d	1	0.68mi
68-70 Westfield Ave Bridgeport, CT	4.0	2.0	1470	$3,200	$2.18	14d	1	0.70mi
68-70 Westfield Ave Bridgeport, CT	2.0	1.0	888	$2,200	$2.48	3d	1	0.70mi
454 Summit St Bridgeport, CT	2.0	1.0	1010	$2,000	$1.98	43d	1	0.76mi
156 Garden Dr Bridgeport, CT	2.0	1.0	1176	$2,400	$2.04	43d	1	0.77mi
457 Summit St Bridgeport, CT	3.0	1.5	1511	$4,000	$2.65	43d	1	0.78mi
25 Rena Pl Fairfield, CT	2.0	1.0	930	$3,200	$3.44	43d	1	0.78mi
151-153 Alexander Ave Unit 1 Bridgeport, CT	3.0	1.0	1100	$2,400	$2.18	11d	1	0.81mi
208 Fairview Ave Bridgeport, CT	3.0	1.0	1200	$2,300	$1.92	23d	1	0.83mi
173 Fairview Ave Unit 3 Bridgeport, CT	3.0	1.0	1000	$2,300	$2.30	43d	1	0.86mi
200 Robin St Unit 2 Bridgeport, CT	3.0	1.0	1152	$2,400	$2.08	21d	1	0.90mi
18 Amsterdam Ave Unit 3A Bridgeport, CT	2.0	1.5	1158	$2,175	$1.88	43d	1	0.91mi
131 Infield St Bridgeport, CT	3.0	1.5	1199	$3,450	$2.88	43d	1	0.93mi
610 Hawley Ave #2 Bridgeport, CT	2.0	1.0	1000	$2,000	$2.00	14d	1	0.97mi
14 Infield St Bridgeport, CT	3.0	2.5	1344	$3,200	$2.38	43d	1	0.97mi
980 Lindley St Unit 304F Bridgeport, CT	2.0	2.0	936	$2,200	$2.35	23d	1	0.99mi

Listing history 8 events

1. 2026-06-08
   statusdays on market $330,000 Under Contract 23 DOM
2. 2026-06-07
   days on market $330,000 Active 22 DOM
3. 2026-06-05
   days on market $330,000 Active 19 DOM
4. 2026-06-03
   days on market $330,000 Active 18 DOM
5. 2026-06-03
   days on market $330,000 Active 17 DOM
6. 2026-06-01
   days on market $330,000 Active 16 DOM
7. 2026-05-31
   days on market $330,000 Active 15 DOM
8. 2026-05-15
   listed $330,000 Active

ⓘ 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: $6,971 · $581/mo
• Projected year-2 tax: $7,016 · $585/mo
• Expected delta: +$46/yr (+$4/mo · 0.7%)

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

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: $37,358
• − Mortgage interest: −$18,485
• − Property taxes: −$6,971
• − Insurance: −$1,650
• − Repairs & maintenance: −$2,989
• − Management: −$2,989
• − Depreciation: −$9,600
• Taxable loss: −$5,325
• Est. tax savings @ 24.0%: +$1,278
• After-tax cash flow: $1,403/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: 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

1 event — show timeline

• 2026-05-15 Listed $330,000 Smart MLS

Property tax history

+2.0%/yr

Latest (2023): $6,971 · +0.0% YoY. Source: county tax records.