31 Smith St · Ansonia, CT 06483

$310,000

5 bd · 2.0 ba · 1,645 sqft · SingleFamily public records · 6 Days on market

Built 1900 10,018 sqft lot Est $395k · 21% under ↓ 3% since listing

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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 +15.8/30.0
• ARV discount +15.0/15.0
• DSCR +4.9/10.0
• 1% rule +4.2/10.0
• Appreciation +3.8/10.0
• Schools +3.8/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

Key facts

• Finished attic
• Front porch
• Finished basement

Tags

• FRONT PORCH
• BACKYARD DECK
• PRIVATE LEVEL YARD
• FINISHED ATTIC
• FINISHED BASEMENT
• DETACHED TWO CAR GARAGE

Property features AI

Exterior

• Parking: Detached garage; Two garage spaces
• Utilities: Public water connected; Public sewer connected; Electric water heater (30-gallon tank)
• Home design: Single-family home
• Construction: Frame construction; Concrete foundation; Asphalt shingle roof; Vinyl siding; Radon mitigation (air)
• Exterior features: Porch; Deck; Level lot

Interior

• Kitchen: Oven/Range; Refrigerator
• Bedrooms: Five bedrooms
• Bathrooms: Two full bathrooms
• Heating & cooling: Hot air heating fueled by natural gas; Window cooling unit
• Interior features: Eight total rooms; Full, fully finished basement; Finished, heated, floored walk-up attic
• Laundry & utility: Laundry on main level (located in a first-floor bathroom)

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $310k.

Deal economics

• At list price, monthly cash flow is $143 ($2k/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 $287k (7.5% below list).
• Recommended offer: $287k (7.5% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.8% in Ansonia — 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 71/100 on livability (#87 in CT) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A+, housing A-; Watch: employment C-, amenities F, commute F.
• Seymour School District (suburban): math 34% / reading 50% proficiency, ranked #93 of 153 in CT (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 19% free/reduced lunch — higher-income household profile.
• Zoned schools: Chatfield-Lopresti School (math 38% / reading 46%, grade F, #285 of 553 statewide, top 53%, 581 students, 47% FRL); Seymour High School (math 37% / reading 62%, grade D, #87 of 194 statewide, top 46%, 608 students, 42% FRL) — zoned schools average 45% FRL vs 19% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 55 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 502 units permitted in Naugatuck Valley Planning Region in 2024 (171 in 5+ unit buildings).
• This rent runs 32% of the median local income ($108k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-2.4%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 20y 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 $221k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $286,648 (7.5% below list)

Questions for the listing agent

1. Built in 1900 — 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 F-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. 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.
5. 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.
6. 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: 0.92% ✗
• Cap rate: 6.85%
• Cash-on-cash: 1.97%
• DSCR: 1.09
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $394,800
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17 Grand St	0.68mi	4/1.5 (-1)	1,711 (+4%)	0mo	$474,500	$277	54
8 Chestnut St	0.37mi	4/2.0 (-1)	1,828 (+11%)	19mo	$438,500	$240	44
34 Grand St	0.64mi	4/2.0 (-1)	1,714 (+4%)	18mo	$315,000	$184	43

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

Projected returns pro-forma

-2.41% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.0%
• Equity multiple: 0.61×
• Total profit: $-33,428
• Equity at exit: $54,395

10-year hold

• IRR: -1.6%
• Equity multiple: 0.88×
• Total profit: $-10,569
• Equity at exit: $41,055

Cash invested: $86,800 (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 06483

• Home prices YoY: -0.8%
• Active inventory: 55
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,866 medium
• Mortgage (P&I): −$1,626
• Tax from tax record: −$367 /mo · $4,403/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$602
• Net cashflow: $143

Break-even live

Break-even rent $2,686

Max offer price $310,000

Occupancy floor 90%

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: $77,500
• Closing costs: $9,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
90-92 Pearl St Seymour, CT	4.0	1.5	1500	$2,895	$1.93	2d	1	0.88mi

Listing history 28 events

1. 2026-05-21
   listed $310,000 Active
2. 2020-11-20
   historical
3. 2020-09-17
   price $234,900
4. 2020-09-10
   price $244,900
5. 2020-08-24
   price $249,900
6. 2020-08-10
   price $254,900
7. 2020-07-22
   listed $259,900 Active
8. 2018-09-18
   soldstatus $221,000
9. 2018-09-17
   soldstatus $221,000 Closed 781-char remark

   Show marketing remark (781 chars)

   Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

10. 2018-09-10
    historical 781-char remark

    Show marketing remark (781 chars)

    Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

11. 2018-08-05
    historical Under Contract - Continue to Show 781-char remark

    Show marketing remark (781 chars)

    Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

12. 2018-06-04
    historical

    Show marketing remark (781 chars)

    Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

13. 2018-06-04
    listed $229,000 Active 781-char remark

    Show marketing remark (781 chars)

    Attention 1st time buyers,sellers are ready to move on to the next chapter of their lives and pass this great house on to the next lucky family. They have loved living in this oh so charming home with 5 bedrooms and 2 full baths. One full bath on 1st floor and one on 2nd floor. 3rd floor has 2 additional bdrms, they are using one for an office and the other as a music room. Brand new flooring in living room, dining room, foyer and 1st floor bath. Enclosed porch makes an awesome place to hang out and read or just play a board game. Large deck is perfect spot for the barbecue. 2 car detached garage for additional storage or can be rented for additional income. Awesome location close to New Haven- rt 8 and plenty of shopping. Above ground pool stays for hours of family fun!

14. 2018-04-19
    price $229,000
15. 2018-03-29
    price $249,000
16. 2018-03-16
    price $285,000
17. 2018-03-03
    listed $299,000 Active
18. 2008-08-25
    soldstatus $237,000
19. 2008-08-25
    soldstatus $237,000
20. 2008-07-03
    listed $239,900
21. 2008-06-30
    historical
22. 2008-01-03
    listed $259,900
23. 2007-10-24
    historical
24. 2007-10-24
    historical
25. 2007-03-17
    listed $309,900
26. 2006-10-24
    listed $309,900
27. 2006-10-22
    historical
28. 2006-05-22
    listed $319,900

ⓘ 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: $4,403 · $367/mo
• Projected year-2 tax: $5,518 · $460/mo
• Expected delta: +$1,116/yr (+$93/mo · 25.3%)

ⓘ 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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,398
• − Mortgage interest: −$17,365
• − Property taxes: −$4,403
• − Insurance: −$1,550
• − Repairs & maintenance: −$2,752
• − Management: −$2,752
• − Depreciation: −$9,018
• Taxable loss: −$3,442
• Est. tax savings @ 24.0%: +$826
• After-tax cash flow: $2,539/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: Seymour School District
• NCES district ID: 0903990
• Math proficiency: 34% ▼ -13.00%
• Reading proficiency: 50% ▼ -5.00%
• Median HH income: $71,700
• Composite: 38.17/100
• National rank: #4263
• State rank: #93 of 153 in CT

Livability — Ansonia

• Score: 71/100
• State rank: #87
• US rank: #6938

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: New Haven County · 688,236 people
• City population: 19,315
• Metro: New Haven-Milford, CT
• Population (ZIP): 16,889
• Household income: $107,708
• Rent vs Own: 25.8% rent · 74.2% own
• Severe rent burden: 221.0

Population outlook (Naugatuck Valley County) Hauer SSP2

• By 2040: 496,846

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 19% Two or more races 16% Black 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 12%
• Common ancestry: Romanian 9% Scotch-Irish 3% Lithuanian 2%
• Foreign-born: 11% · Canada, Dominican Republic
• Languages at home: 83% English-only · Spanish 10% Russian/Polish/Slavic 3% Other Indo-European 3%

Political lean MEDSL · Naugatuck Valley

• 2024 margin: Lean R (+7.4) · D 45.6% · R 53.0% · Other 1.4%
• All cycles: 2024: R+7.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.41%
• Current HPI: 294.2705
• Rent YoY: —
• Metro: New Haven-Milford, 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

-3.1% since first listed

28 events — show timeline

• 2026-05-21 Listed $310,000 Smart MLS
• 2020-11-20 Listing Removed — Smart MLS
• 2020-09-17 Price Changed $234,900 Smart MLS
• 2020-09-10 Price Changed $244,900 Smart MLS
• 2020-08-24 Price Changed $249,900 Smart MLS
• 2020-08-10 Price Changed $254,900 Smart MLS
• 2020-07-22 Listed $259,900 Smart MLS
• 2018-09-18 Sold (Public Records) $221,000 Public Records
• 2018-09-17 Sold (MLS) $221,000 Smart MLS
• 2018-09-10 Listing Removed — Smart MLS
• 2018-08-05 Contingent — Smart MLS
• 2018-06-04 Listing Removed — Smart MLS
• 2018-06-04 Listed $229,000 Smart MLS
• 2018-04-19 Price Changed $229,000 Smart MLS
• 2018-03-29 Price Changed $249,000 Smart MLS
• 2018-03-16 Price Changed $285,000 Smart MLS
• 2018-03-03 Listed $299,000 Smart MLS
• 2008-08-25 Sold (Public Records) $237,000 Public Records
• 2008-08-25 Sold (MLS) $237,000 Smart MLS
• 2008-07-03 Listed $239,900 Smart MLS
• 2008-06-30 Listing Removed — Smart MLS
• 2008-01-03 Listed $259,900 Smart MLS
• 2007-10-24 Listing Removed — Smart MLS
• 2007-10-24 Listing Removed — Smart MLS
• 2007-03-17 Listed $309,900 Smart MLS
• 2006-10-24 Listed $309,900 Smart MLS
• 2006-10-22 Listing Removed — Smart MLS
• 2006-05-22 Listed $319,900 Smart MLS

Property tax history

+1.1%/yr

Latest (2023): $4,403 · +1.1% YoY. Source: county tax records.