Well-Maintained Duplex with
11 Button Street New Haven, CT 06519
11 Button Street, New Haven, CT, 06519
$550,000
For Sale
$550,000
This duplex offers two spacious 3BR units with pass-through kitchen design and in-unit sprinkler coverage.
Property Size2,596 SF
Price / SF$211.86
Days on Market39
Property Features for 11 Button Street
General Information
- Standard status
- Active
- Size
- 2,596 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 2005
Listing Agency
GRL & Realtors, LLC
(203) 494-1337
Listed by
Jeffrey Granoff
(203) 494-1337
Source
Lockandkeyre
Added: Jun 8 Checked: Jul 16 at 8:39 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRL & Realtors, LLC
Investment Insights
Based on property information with market context.
The property is a well-maintained duplex featuring spacious 3-bedroom units. Each home includes a kitchen with a pass-through to a formal dining room and living room, plus a primary bedroom with an attached bath. Flooring is a mix of hardwood and carpet, and the homes include a sprinkler system throughout. The current condition reflects upkeep by the original owners.
Conveniently located minutes from Downtown, with access to trains and major highways. The listing also notes proximity to Yale and the hospital, along with nearby amenities.
This configuration can suit buyers seeking a residential income property with larger 3BR layouts and a functional common area flow from kitchen to formal dining and living spaces. The presence of hardwood-and-carpet finishes and sprinkler coverage provides practical, move-ready comfort for occupants, while the documented care and landscaping add curb appeal through well-kept flower gardens.
Conveniently located minutes from Downtown, with access to trains and major highways. The listing also notes proximity to Yale and the hospital, along with nearby amenities.
This configuration can suit buyers seeking a residential income property with larger 3BR layouts and a functional common area flow from kitchen to formal dining and living spaces. The presence of hardwood-and-carpet finishes and sprinkler coverage provides practical, move-ready comfort for occupants, while the documented care and landscaping add curb appeal through well-kept flower gardens.
Key Highlights
- Year built 2005 duplex with two spacious 3BR units
- Pass‑through kitchen design with kit pass‑thru to formal dining room and living room
- Primary bedroom includes a bath
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 | $67.0k | $25.80 |
| − Vacancy | −$4.6k | −$1.75 |
| EGI | $62.4k | $24.05 |
| − OpEx | −$18.7k | −$7.21 |
| NOI | $43.7k | $16.83 |
2,596 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$624.2K
$546.2K – $728.3K
NOI $43,696 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$580.9K
$508.3K – $677.7K
NOI $40,660 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$835.1K
$730.7K – $974.3K
NOI $58,455 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - This duplex offers two spacious 3BR units with pass-through kitchen design and in-unit sprinkler coverage.
Where is this duplex located?
The property is located at 11 Button Street New Haven, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Year built 2005 duplex with two spacious 3BR units; Pass‑through kitchen design with kit pass‑thru to formal dining room and living room; Primary bedroom includes a bath
