Remodeled Two-Family
3 Carmen Street East Haven, CT 06512
3 Carmen Street, East Haven, CT, 06512
$499,000
Pending
For Sale
$499,000
Pending
MULTI_FAMILY - East Haven, CT
Property Size2,484 SF
Lot Size0.22 Acres
Days on Market55
Property Features for 3 Carmen Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
- Parking
- 4
- Patio and Porch features
- Patio
- Exterior features
- Porch-Enclosed,Breezeway,Shed,Fruit Trees,Porch,Patio
- Basement
- Full, Concrete
- Standard status
- Pending
- Size
- 2,484 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7062
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Central Air
- Water source
- Private
- Water front
- 1
Building Details
- Year built
- 1967
- Architectural style
- Other
Listing agency
William Pitt Sotheby's Int'l
(203) 245-6700
Listed by
Antonella Vertucci · License #RES.0786851
(203) 641-8566
Added: May 29 Updated: Jul 21 at 10:28PM Checked: Jul 22 at 9:06AM
MLS# 24179280
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled two-family home features a total of 5 bedrooms and 3 baths. It presents an opportunity for investors or extended families seeking flexible living space. Both units have been updated with new kitchen cabinets, granite countertops, and modern appliances. The former tile flooring has been replaced with hardwood floors, and two of the three bathrooms have been renovated. The home also features two new oil tanks and updated electrical panels. A two-car attached garage, plus space for four additional cars in the driveway and off-street parking, provides ample parking. A door near the driveway leads into a breezeway connecting both floors, as well as an enclosed porch that opens to the fenced-in backyard with a patio overlooking a brook. Located in a convenient area close to beaches, parks, shopping, restaurants, highways, and transportation, this property is located in East Haven, CT. The property is situated on a 0.22-acre lot. The property size is 2484 square feet. The zoning is R-1.
Key Highlights
- Two‑family home with 5 total bedrooms and 3 bathrooms
- Both units updated with new kitchen cabinets, granite countertops, and modern appliances
- Former tile flooring removed; replaced with hardwood floors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.1k | $25.80 |
| − Vacancy | −$4.4k | −$1.75 |
| EGI | $59.7k | $24.05 |
| − OpEx | −$17.9k | −$7.21 |
| NOI | $41.8k | $16.83 |
2,484 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$597.3K
$522.6K – $696.8K
NOI $41,810 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K
NOI $38,906 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$799.0K
$699.2K – $932.2K
NOI $55,933 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family home with modern amenities and convenient location.
Where is this duplex located?
The property is located at 3 Carmen Street East Haven, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑family home with 5 total bedrooms and 3 bathrooms; Both units updated with new kitchen cabinets, granite countertops, and modern appliances; Former tile flooring removed; replaced with hardwood floors
