Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    New Haven Five-Family Investment Property Title is generated by Realmo AI

    54 Judith Ter, New Haven, CT 06513

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $800,000

    Five-unit property near Downtown New Haven and Yale University.

    Type:Multi Family
    Lot size:
    0.28 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    60
    Last Refresh:
    Mar 20 at 12:58 pm

    Property Features for 54 Judith Ter

    General Information

    Standard status
    Active
    Lot size
    0.28 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1966

    We can help!

    Listing Contact
    Jaider Osorno

    Listing agent Jaider Osorno

    Listing office

    Listing date Mar 23, 2026

    Source Elliman

    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 Jaider Osorno

    HighLights

    • Five‑unit multi‑family home offering high‑yield potential in New Haven's rental market.
    • Desirable unit mix: Four 2‑bedroom units and one 1‑bedroom unit.
    • Located on a quiet cul‑de‑sac, providing a serene setting for tenants.
    • Strategic location: Minutes from Downtown New Haven, Yale University, and the Medical District.
    • Easy access to I‑91 and I‑95 for effortless commuting.
    • Built in 1966.

    Overview

    Located at 54 Judith Terrace, this five-unit property presents an investment opportunity in New Haven. Situated on a quiet cul-de-sac, the property offers a blend of privacy and accessibility. The unit mix includes four 2-bedroom units and one 1-bedroom unit. The property is located in the 06513 zip code, providing convenient access to Downtown New Haven, Yale University, and the Medical District. Commuting is facilitated by proximity to I-91 and I-95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8895366
    Latitude
    41.2958697

    Nearby Similar for Sale

    • $550,000
      3,248 SF

      New Haven Two-Family Home

      Well-maintained two-family home in New Haven's Quinnipiac neighborhood.
      655 Quinnipiac Avenue, New Haven, CT 06513
      View Details
    • $975,000
      13,110 SF

      Westville Multifamily Investment Opportunity

      Spacious two-family in Westville near Yale Bowl.
      1955 Chapel Street, New Haven, CT 06515
      View Details
    • $2,575,000
      10,394 SF

      Updated Multifamily Portfolio in New Haven

      Well-maintained, fully rented 13-unit portfolio in Fair Haven Heights.
      83 E Grand Avenue, New Haven, CT 06513
      View Details
    • $2,575,000
      10,394 SF

      Updated Multifamily Portfolio in New Haven

      Well-maintained, fully rented 13-unit multifamily portfolio in New Haven.
      83 E Grand Avenue, New Haven, CT 06513
      View Details
    • $599,999
      3,604 SF

      New Haven Multifamily Investment Opportunity

      Spacious multi-family property near Yale, ideal for investors.
      437 Dixwell Avenue, New Haven, CT 06511
      View Details
    • $599,000
      3,422 SF

      Spacious Multi-Family Home in Westville

      Charming 3-family home in New Haven's desirable Westville area.
      46 Dayton Street, New Haven, CT 06515
      View Details
    • $2,300,000
      15,230 SF

      Retail & Office Building Opportunity

      Well-maintained retail and office building in Wooster Square/Mill River.
      900 Grand Avenue, New Haven, CT 06511
      View Details
    • $499,900
      2,634 SF

      Spacious Two-Family Home Opportunity

      Charming two-family home near Lighthouse Park with harbor views.
      338 Lighthouse Road, New Haven, CT 06512
      View Details
    • $499,990
      3,092 SF

      New Haven Investment Opportunity

      Three-family property in New Haven with over 3,000 sq ft.
      40 Shelter Street, New Haven, CT 06513
      View Details
    • $550,000
      3,744 SF

      New Haven Two-Unit Property

      Two-unit property with value-add potential in New Haven, CT.
      34 Cassius Street, New Haven, CT 06519
      View Details
    • $469,000
      1,792 SF

      New Haven Multifamily Income Property

      Two-unit property in New Haven with immediate cash flow.
      567 Sherman Parkway, New Haven, CT 06511
      View Details
    • $874,900
      3,229 SF

      East Rock Multifamily Investment

      Well-maintained three-family house in desirable East Rock neighborhood.
      16 Edwards Street, New Haven, CT 06511
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit property near Downtown New Haven and Yale University.
    Where is this apartment building located?
    The property is located at 54 Judith Ter New Haven, CT.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Five‑unit multi‑family home offering high‑yield potential in New Haven's rental market.; Desirable unit mix: Four 2‑bedroom units and one 1‑bedroom unit.; Located on a quiet cul‑de‑sac, providing a serene setting for tenants.
    (203) 928-9911
    We can help!
    Listing Contact
    Jaider Osorno
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    54 Judith Ter, New Haven, CT 06513
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!