For SaleRisky Deal2 days on market
12 Sherman Ave #2
12 Sherman Ave #2, Greenwich, CT 06830, Greenwich, CT 06830
$895,000
Estimate®:$911,500$16,500 Under Market
Listing Price
12 Sherman Ave #2, Greenwich, CT 06830
Loc: Greenwich, CT
Days Listed
2
Tax Assessed
$613k
Estimate®
$912k
2% Under Valued
Lot Size
6,534 sqft
Rent Estimate
$5,096/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
New Lebanon School
PK-5
0.7 mi away
8
Western Middle School
6-8
0.2 mi away
10
Greenwich High School
9-12
2.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Residential, Condominium1911Natural Gas, Forced AirCentral AirAssigned$400 annually2 Days$528
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.96%
Total ROI
44.8%
Cash Flow
$-1,694/mo
DSCR
0.64
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,694/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Greenwich, CT
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $895,000 | $528 |
| 2009-11-16 | Sold | $550,000 | $324 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,940 | $399,700 |
| 2024 | $4,771 | $399,700 |
| 2023 | $4,651 | $399,700 |
| 2022 | $4,609 | $399,700 |
| 2021 | $4,411 | $366,380 |
| 2020 | $4,404 | $366,380 |
| 2019 | $4,448 | $366,380 |
| 2018 | $4,349 | $366,380 |
| 2017 | $4,404 | $366,380 |
| 2016 | $4,334 | $366,380 |
Similar Properties Nearby
Explore other investment opportunities in Greenwich.