302 Soundview Avenue, Fairfield CT

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302 Soundview Avenue, Fairfield CT

Fairfield, CT 06825
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Fairfield Connecticut
  • Located at 302 Soundview Avenue within a stable residential submarket
  • Asset type suitable for residential real estate investment portfolios
  • Fairfield offers proximity to transit and the metropolitan labor market
  • Property supports long-term hold strategies for steady rental income

What's Special

This multifamily property at 302 Soundview Avenue in Fairfield, Connecticut, is currently available for purchase and presents an acquisition target for residential real estate investors. The apartment building occupies a established residential corridor within this coastal New England town, known for its balanced suburban environment and proximity to the greater New York City metropolitan area. Fairfield maintains a steady demand for rental housing due to its access to regional transit, educational institutions, and a robust local economy. An asset of this type serves as an effective vehicle for long-term hold strategies, capital appreciation, or portfolio diversification. Buyers looking to enter or expand within a stable Connecticut submarket will find this location well-positioned to attract a consistent tenant base. The infrastructure of the area supports professional households and commuters alike, ensuring the ongoing viability of multifamily investments in this zip code.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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