50 Greenhouse Rd Unit 41D · Bridgeport, CT 06606

$149,900

1 bd · 1.0 ba · 825 sqft · Condo public records · 21 Days on market

Built 1972 $339/mo HOA · 16% 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 +22.0/30.0
• 1% rule +9.0/10.0
• ARV discount +7.5/15.0
• DSCR +7.0/10.0
• 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 MLS

This is a hud property all offers must be submitted through hud

Key facts

• Easy commuting
• In unit laundry
• In ground pool

Tags

• IN UNIT LAUNDRY
• IN GROUND POOL
• CLOSE PROXIMITY TO MAIN STREET
• EASY COMMUTING

Property features AI

Finance

• Other: Total of 76 units in the complex; Nearby amenities include basketball court, commuter bus, lake, medical facilities, park, shopping/mall, and walkable bus lines
• HOA & community: Homeowners association with monthly fee; HOA fee covers grounds maintenance, trash pickup, hot water, water, property management, and pool service; Association-managed professionally off-site; Pets allowed with restrictions per bylaws

Exterior

• Parking: Off-street parking; Parking lot; 1 parking space
• Utilities: Public water connected; Public sewer (in street); Gas available in street
• Home design: Condominium (Condo/Co-Op For Sale); Part of Dellwood Gardens complex
• Construction: Brick construction
• Exterior features: Vinyl siding and brick exterior; Level lot; Beach rights; In-ground swimming pool; Community pool

Interior

• Kitchen: Gas cooktop; Refrigerator
• Bedrooms: 1 bedroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Hot air heat; Central air conditioning
• Interior features: 1-level unit; Shared full basement with storage; Central air
• Laundry & utility: Laundry on main level

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $150k.

Deal economics

• At list price, monthly cash flow is $240 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.2% 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; 25 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).
• This rent runs 34% 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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 14y ago 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.
• Current owner paid $58k; list at $150k implies a 158% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $147,651 (1.5% below list)

Questions for the listing agent

1. Built in 1972 — 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 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?
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: 1.40% ✓
• Cap rate: 8.21%
• Cash-on-cash: 6.85%
• DSCR: 1.30
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -5.4%
• Equity multiple: 0.80×
• Total profit: $-8,508
• Equity at exit: $22,351

10-year hold

• IRR: 4.6%
• Equity multiple: 1.34×
• Total profit: $14,362
• Equity at exit: $12,961

Cash invested: $41,972 (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 06606

• Rents YoY: 3.1%
• Active inventory: 152
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $2,094 high
• Mortgage (P&I): −$786
• Tax from tax record: −$227 /mo · $2,724/yr
• Insurance: −$62
• HOA: −$339
• Vacancy / Maint / Mgmt: −$440
• Net cashflow: $240

Break-even live

Break-even rent $1,791

Max offer price $149,900

Occupancy floor 84%

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
150 Anton St Bridgeport, CT	1.0	1.0–1.5	532	$2,090	$3.92	3d	4	0.17mi
127 Kennedy Dr #127 Bridgeport, CT	2.0	1.0	1023	$2,250	$2.20	11d	1	0.27mi
104 Kennedy Dr Bridgeport, CT	2.0	1.0	1023	$2,600	$2.54	43d	1	0.32mi
3004 Madison Ave Unit A Bridgeport, CT	1.0	1.0	755	$2,000	$2.65	21d	1	0.34mi
333 Vincellette St #59 Bridgeport, CT	1.0	1.0	975	$2,000	$2.05	11d	1	0.35mi
239 Cherry Hill Dr Unit 2A Bridgeport, CT	2.0	1.0	850	$2,100	$2.47	43d	1	0.40mi
365 Glendale Ave Unit B2 Bridgeport, CT	1.0	1.0	661	$1,600	$2.42	43d	1	0.51mi
170 Sequoia Rd Bridgeport, CT	1.0	1.0	850	$1,850	$2.18	23d	1	0.61mi
39 Lance Cir #39 Bridgeport, CT	2.0	1.0	915	$2,500	$2.73	43d	1	0.76mi
3900 Park Ave Unit 7K Bridgeport, CT	1.0	1.0	850	$1,895	$2.23	23d	1	0.78mi
3900 Park Ave Unit 4L Bridgeport, CT	1.0	1.0	870	$1,895	$2.18	43d	1	0.78mi
5085 Main St Trumbull, CT	1.0–2.0	1.0–2.0	985	$2,550	$2.59	2d	9	0.80mi
30 Quarry St Bridgeport, CT	1.0–2.0	1.0	805	$1,720	$2.14	23d	3	1.11mi
25 Rena Pl Fairfield, CT	2.0	1.0	930	$3,200	$3.44	43d	1	1.13mi
97 Wentworth St Unit 3 Bridgeport, CT	2.0	1.0	950	$2,000	$2.11	2d	1	1.17mi
3250 Main St Unit B209 Bridgeport, CT	2.0	2.0	813	$2,000	$2.46	43d	1	1.20mi
68-70 Westfield Ave Bridgeport, CT	2.0	1.0	888	$2,200	$2.48	3d	1	1.32mi
343 Wayne St Unit 1st Bridgeport, CT	1.0	1.0	650	$1,300	$2.00	3d	1	1.34mi
343 Wayne St Unit 1st Bridgeport, CT	1.0	1.0	650	$1,300	$2.00	43d	1	1.34mi
454 Summit St Bridgeport, CT	2.0	1.0	1010	$2,000	$1.98	43d	1	1.36mi
2496 Easton Tpke Unit B Fairfield, CT	2.0	1.0	900	$2,395	$2.66	43d	1	1.36mi
5545 Park Ave Fairfield, CT	1.0–2.0	1.0–2.0	1040	$2,650	$2.55	2d	1	1.37mi
100 Oakview Dr Trumbull, CT	1.0–2.0	1.0–2.0	1028	$2,469	$2.40	2d	1	1.39mi
614 Earl Ave Bridgeport, CT	2.0	1.0	748	$2,300	$3.07	43d	1	1.40mi
1455 Madison Ave Unit A6 Bridgeport, CT	1.0	1.0	776	$1,700	$2.19	43d	1	1.47mi

HOA detail condo

• Monthly dues: $339 · $4,068/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $149,900 Active 21 DOM
2. 2026-06-17
   days on market $149,900 Active 20 DOM
3. 2026-06-16
   days on market $149,900 Active 19 DOM
4. 2026-06-15
   days on market $149,900 Active 18 DOM
5. 2026-06-13
   days on market $149,900 Active 16 DOM
6. 2026-06-13
   days on market $149,900 Active 15 DOM
7. 2026-06-10
   days on market $149,900 Active 13 DOM
8. 2026-06-09
   days on market $149,900 Active 12 DOM
9. 2026-06-08
   days on market $149,900 Active 11 DOM
10. 2026-06-07
    days on market $149,900 Active 10 DOM
11. 2026-06-05
    days on market $149,900 Active 7 DOM
12. 2026-06-03
    days on market $149,900 Active 6 DOM
13. 2026-06-03
    days on market $149,900 Active 5 DOM
14. 2026-06-01
    days on market $149,900 Active 4 DOM
15. 2026-05-31
    days on market $149,900 Active 3 DOM
16. 2026-05-28
    listed $149,900 Active
17. 2012-09-20
    soldstatus $58,000 63-char remark

    Show marketing remark (63 chars)

    This is a hud property all offers must be submitted through hud

18. 2012-08-06
    listed $57,000 63-char remark

    Show marketing remark (63 chars)

    This is a hud property all offers must be submitted through hud

19. 2002-12-19
    soldstatus $89,900

ⓘ 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: $2,724 · $227/mo
• Projected year-2 tax: $2,966 · $247/mo
• Expected delta: +$242/yr (+$20/mo · 8.9%)

ⓘ 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: $25,127
• − Mortgage interest: −$8,397
• − Property taxes: −$2,724
• − Insurance: −$750
• − Repairs & maintenance: −$2,010
• − Management: −$2,010
• − HOA: −$4,068
• − Depreciation: −$4,361
• Taxable income: $808
• Est. tax owed @ 24.0%: −$194
• After-tax cash flow: $2,682/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

+66.7% since first listed

4 events — show timeline

• 2026-05-28 Listed $149,900 Smart MLS
• 2012-09-20 Sold (MLS) $58,000 Smart MLS
• 2012-08-06 Listed $57,000 Smart MLS
• 2002-12-19 Sold (Public Records) $89,900 Public Records

Property tax history

-1.8%/yr

Latest (2023): $2,724 · +0.0% YoY. Source: county tax records.