567 Sherman Parkway New Haven, CT 06511
MULTI_FAMILY - New Haven, CT
Property Features for 567 Sherman Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Basement
- Parking
- 7
- Fireplace
- 1
- Basement
- Full
- Standard status
- Active
- Size
- 1,792 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5153
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Architectural style
- Other
Listing agent Xiaoming Li (917) 623-6536
Listing office Real Broker CT, LLC 100 Pearl Street, 14th Floor, Hartford, CT (855) 450-0442
Listing date Apr 29, 2026
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.
The driveway provides parking for up to seven cars, offering practical convenience and privacy. The duplex is currently leased, with stated rents of $2,000 per month for one unit and $1,850 per month for the other. Tenants are responsible for their own utilities.
For investors or owner-occupants seeking income while maintaining a relatively low-maintenance structure, this duplex provides two income streams under the current tenancy. The combined monthly rent is listed as $3,850, and the annual figure is provided in the remarks. The generous lot size and backyard space add outdoor utility for tenants and can support day-to-day livability within the existing configuration. Zoning is listed as RM2, which can be relevant for buyers evaluating the property’s use under current local rules. Please contact us for details and to schedule a showing.
Key Highlights
- 2‑family multifamily built in 1940 with 2 units, each offering 3 bedrooms and a living room that could be converted to an additional bedroom
- Currently leased: $2,000/month and $1,850/month total $3,850/month ($46,200/year); tenants pay their own utilities
- 0.18‑acre lot with a spacious backyard and an open driveway providing off‑street parking for up to 7 cars
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 | $46.2k | $25.80 |
| − Vacancy | −$3.1k | −$1.75 |
| EGI | $43.1k | $24.05 |
| − OpEx | −$12.9k | −$7.21 |
| NOI | $30.2k | $16.83 |
