36 Somerset Ln · Stamford, CT 06903

$849,000

4 bd · 2.5 ba · 2,156 sqft · SingleFamily public records · 5 Days on market

Built 1965 10,018 sqft lot Est $1013k · 16% under

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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 +15.5/30.0
• ARV discount +14.8/15.0
• DSCR +4.8/10.0
• 1% rule +3.8/10.0
• 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 MLS

Lovingly Maintained And Well Thought Out Floor Plan. Eik, Family Room With Fireplace & Beamed Ceiling. 1St Floor (Off Kitchen) Laundry Rm, Hdwd Flrs Thru-Out (Under Carpet) 2Car Garage With Tool Rm , C/A, Foyer W/ Half Bath,

Key facts

• 0.23 acre lot
• 2 garage spots
• Built 1965

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $849k.

Deal economics

• At list price, monthly cash flow is $350 ($4k/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 $750k (11.7% below list).
• Recommended offer: $750k (11.7% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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: Northeast School (math 40% / reading 39%, grade F, #298 of 553 statewide, top 56%, 495 students, 40% FRL); Turn of River School (math 22% / reading 37%, grade F, #140 of 175 statewide, top 81%, 662 students, 53% FRL); Westhill High School (math 33% / reading 50%, grade F, #102 of 194 statewide, top 53%, 2,265 students, 50% FRL).
• Market conditions: 74 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,151 units permitted in Western Connecticut Planning Region in 2024 (714 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $25k of value loss. Plan a longer hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 21y 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 $685k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 62% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $750,000 (11.7% below list)

Questions for the listing agent

1. Built in 1965 — 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 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?
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: 0.88% ✗
• Cap rate: 6.79%
• Cash-on-cash: 1.76%
• DSCR: 1.08
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $1,013,320
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1441 High Ridge Rd	0.19mi	3/3.5 (-1)	2,124 (-2%)	9mo	$825,000	$388	72
55 Redmont Rd	0.35mi	4/2.5	2,068 (-4%)	14mo	$915,000	$442	66
77 Redmont Rd	0.38mi	3/2.5 (-1)	2,232 (+4%)	12mo	$1,075,000	$482	61
13 Opper Rd	0.26mi	3/2.0 (-1)	2,008 (-7%)	12mo	$700,000	$349	59
1521 Newfield Ave	0.66mi	3/3.0 (-1)	2,150 (-0%)	4mo	$1,100,000	$512	58
113 Redmont Rd	0.42mi	3/2.5 (-1)	2,233 (+4%)	16mo	$1,100,000	$493	56
36 Hampton Ln	0.06mi	3/2.5 (-1)	1,833 (-15%)	14mo	$861,500	$470	56
128 Blackwood Ln	0.53mi	3/2.5 (-1)	2,342 (+9%)	12mo	$1,130,000	$482	46
63 Interlaken Rd	0.47mi	3/2.0 (-1)	2,064 (-4%)	23mo	$845,000	$409	45
135 Gary Rd	0.68mi	4/2.5	2,439 (+13%)	10mo	$1,400,000	$574	38
397 Lakeside Dr	0.56mi	3/4.0 (-1)	2,413 (+12%)	10mo	$709,000	$294	35

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.51×
• Total profit: $-115,381
• Equity at exit: $126,589

10-year hold

• IRR: -4.6%
• Equity multiple: 0.70×
• Total profit: $-72,077
• Equity at exit: $73,406

Cash invested: $237,720 (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 06903

• Active inventory: 74
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $7,500 medium
• Mortgage (P&I): −$4,452
• Tax from tax record: −$770 /mo · $9,234/yr
• Insurance: −$354
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,575
• Net cashflow: $350

Break-even live

Break-even rent $7,058

Max offer price $849,000

Occupancy floor 90%

Sensitivity live

Price	-10% $830	-5% $590	+0% $350	+5% $109	+10% $-131
Rent	-10% $-243	-5% $53	+0% $350	+5% $646	+10% $942
Rate	-1.0pp $777	-0.5pp $565	base $350	+0.5pp $130	+1.0pp $-94

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: $212,250
• Closing costs: $25,470
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
56 Barholm Ave Stamford, CT	4.0	3.0	2354	$7,500	$3.19	4d	1	1.37mi

Listing history 6 events

1. 2026-03-24
   status Under Contract
2. 2026-03-20
   listed $849,000 Active
3. 2026-03-18
   historical $849,000
4. 2005-05-04
   soldstatus $685,000
5. 2005-05-03
   soldstatus $685,000 231-char remark

   Show marketing remark (231 chars)

   Lovingly Maintained And Well Thought Out Floor Plan. Eik, Family Room With Fireplace & Beamed Ceiling. 1St Floor (Off Kitchen) Laundry Rm, Hdwd Flrs Thru-Out (Under Carpet) 2Car Garage With Tool Rm , C/A, Foyer W/ Half Bath,

6. 2005-03-10
   listed $695,000 231-char remark

   Show marketing remark (231 chars)

   Lovingly Maintained And Well Thought Out Floor Plan. Eik, Family Room With Fireplace & Beamed Ceiling. 1St Floor (Off Kitchen) Laundry Rm, Hdwd Flrs Thru-Out (Under Carpet) 2Car Garage With Tool Rm , C/A, Foyer W/ Half Bath,

ⓘ 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: $9,234 · $770/mo
• Projected year-2 tax: $13,701 · $1,142/mo
• Expected delta: +$4,467/yr (+$372/mo · 48.4%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 62% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $90,000
• − Mortgage interest: −$47,557
• − Property taxes: −$9,234
• − Insurance: −$4,245
• − Repairs & maintenance: −$7,200
• − Management: −$7,200
• − Depreciation: −$24,698
• Taxable loss: −$10,134
• Est. tax savings @ 24.0%: +$2,432
• After-tax cash flow: $6,626/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
• City population: 123,058
• Population (ZIP): 13,630

Population outlook (Western Connecticut County) Hauer SSP2

• By 2040: 685,031

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 11% Hispanic / Latino 9% Black 6% Asian 6%
• Hispanic origin (detail): Cuban 1%
• Common ancestry: Romanian 6% Scotch-Irish 4% Italian 2%
• Foreign-born: 18% · Canada, China, Dominican Republic
• Languages at home: 78% English-only · Other Indo-European 6% Spanish 5% Russian/Polish/Slavic 4%

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: ▼ -247.05%
• Current HPI: 163.3073
• Rent YoY: —
• Metro: —
• 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

+22.2% since first listed

6 events — show timeline

• 2026-03-24 Pending — Smart MLS
• 2026-03-20 Listed $849,000 Smart MLS
• 2026-03-18 Coming Soon $849,000 Smart MLS
• 2005-05-04 Sold (Public Records) $685,000 Public Records
• 2005-05-03 Sold (MLS) $685,000 Smart MLS
• 2005-03-10 Listed $695,000 Smart MLS

Property tax history

+1.1%/yr

Latest (2022): $9,234 · +1.4% YoY. Source: county tax records.