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$379,000

Beds
3
Baths
1.5
sq ft
1,287

3980 Madison Ave, Bridgeport, CT 06606

3980 Madison Ave

Bridgeport, CT 06606

  • Coming soon
    • Open house Jul 07
Great house, close to Sacred Heart University. Updated Kitchen, four rentable rooms with 1.5 bathrooms, plenty of storage with mud room and 1 car garage. On demand gas powered heat and hot water. Roof less than 10 years old. Private, flat backyard. Owner was renting for $3200 / month, current market rates of $900 per room could generate up to $3600 / month rental income. Come see it today, it is going to go fast!

Details

Property type

Single Family Residence

Est. home value

$341,993

Lot size

0.23 acres

Price per sq ft

$295

Year built

1951

Annual property taxes

$5,596

Price History

04/13/2022
SmartMLS

SmartMLS #170472973

Sold
$305,000
+90.63%
04/08/2015
SmartMLS

SmartMLS #99089495

Sold
$160,000

Schools & Community

Neighborhood: 

North End

Elementary school: 

Per Board of Ed

Middle school: 

Per Board of Ed

High school: 

Per Board of Ed

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$245,909
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$102,771
Cash to seller
$245,909

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Norwich Commercal Grp

Loan start date

April 2015

Original loan amount

$128,000

Est. remaining balance

$102,771

Interest rate

3.76%

Loan type

Not Provided, 30 year

Seller

Christina Goncalves and Kenneth Goncalves

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 07/04/2024 at 9:50 PM

Listing updated: 07/02/2024 at 2:43 PM

Listed by: Christopher Grass, Keller Williams Prestige Prop.

MLS: SmartMLS #24029631

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