Fairfield
114 Castle Avenue
18
Map
Listing Courtesy of: Elizabeth Altobelli, William Raveis Real Estate
$397,000
↓ $274K (39.2%)
●
House -
Off Market
114 Castle Avenue
Fairfield, CT 06825
4 Beds
2 Baths
$2,638
Est. Monthly
14.05%
Cap Rate
About This Property
Welcome to 114 Castle Avenue. Offering 4 bedrooms, 2 on the
main level and 2 upstairs. A great location offset from the busy
street! This is currently a single family but can be easily turned
into a 2 family; zoning permits two family on this property. Bring
your vision and creativity. Please close front door . "A downtown
lifestyle" within walking distance to dining, shopping, grocery,
entertainment, commuter bus, train to nyc all within a stone's
throw. Home is offered in AS-IS condition. Rare opportunity in Zone
C to be developed. Per zoning regs, states a single detached
dwelling for a 2 family. The survey is in the photos and
schedule A located in the documents and upon request.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1909
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Smart MLS #24002278)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$425,000
↓ $274K
(39.2%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed | $699,000 | |
| Listed | |||
| | |||
|
A beautiful, COMPLETELY REMODELED in 2025 Colonial awaits - welcome home to 114 Castle Avenue. Offering four spacious bedrooms two of which are on the first floor (a rare find) and two full bathrooms, one on the first level and one on the second - blending modern updates with easy living. The stunning all new eat-in kitchen, featuring a large center island, sleek quartz countertops, brand new appliances and sliders that open to a fabulous deck is perfect for entertaining, cooking and enjoying day to day living. The eat-in kitchen flows effortlessly into the bright and open family room. This home has great natural light. Step outside to a fully fenced-in backyard, ideal for gatherings, relaxing or entertaining in privacy. Conveniently located near shopping, dining, train and ideal for commuters - this home offers easy access to everything Fairfield has to offer. Move right-in!!! There is nothing to do but unpack and enjoy!
| |||
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Price Decreased |
$425,000
↓ $35K
(7.6%) | |
| Price Decreased | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fairfield
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Listed by: Elizabeth Altobelli
William Raveis Real Estate
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24002278
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
William Raveis Real Estate
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24002278
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017