For SaleRisky Deal324 days on market
198 E Middle Patent Rd
198 E Middle Patent Rd, Greenwich, CT 06831, Greenwich, CT 06831
$1,675,000
Estimate®:$1,696,200$21,200 Under Market
Listing Price
198 E Middle Patent Rd, Greenwich, CT 06831
Loc: Greenwich, CT
Days Listed
324
Tax Assessed
$726k
Estimate®
$1696k
1% Under Valued
Lot Size
2.00 acres
Rent Estimate
$7,363/mo
Est. Cash Flow base
Type
single family
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.
4
Roxbury School
K-5
4.8 mi away
4
Cloonan School
6-8
6.9 mi away
3
Westhill High School
9-12
4.6 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
moderncontemporarywood sidingwrap-around deckraised deckwoodland settinglarge yardskylightsstone walkwaysecludedmulti-levellandscapednature-focused
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.78%
Total ROI
19.4%
Cash Flow
$-4,805/mo
DSCR
0.45
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-4,805/mo net cash flow with a 2.8% 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $1,675,000 | $419 |
| 2026-07-06 | Price change | $1,775,000 | $444 |
| 2026-01-15 | Price change | $1,895,000 | $474 |
| 2025-11-04 | Listed for sale | $1,995,000 | $499 |
| 2015-07-31 | Sold | $920,000 | $230 |
| 2000-07-07 | Sold | $600,000 | $150 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $16,957 | $725,900 |
| 2024 | $16,521 | $725,900 |
| 2023 | $17,756 | $725,900 |
| 2022 | $13,125 | $498,470 |
| 2021 | $12,945 | $498,470 |
| 2020 | $12,626 | $498,470 |
| 2019 | $12,626 | $498,480 |
| 2018 | $12,188 | $498,480 |
| 2017 | $15,131 | $591,290 |
| 2016 | $14,676 | $591,290 |
Similar Properties Nearby
Explore other investment opportunities in Greenwich.