1925 Tudor Revival
1980-1982 Chapel St New Haven, CT 06515
For Sale
$795,000
Pending
Distinctive duplex with original details and modern updates.
Property Size3,344 SF
Lot Size0.43 Acres
Days on Market95
Property Features for 1980-1982 Chapel St
General Information
- Standard status
- Pending
- Size
- 3,344 SF
- Lot size
- 0.43 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing Agency:
(203) 306-8453
Listed By:
Cindy L. Sloan
(203) 306-8453
Source:
Elliman
Added: Apr 21
Changed: Jul 10
Last Checked: Jul 23 at 10:01AM
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 Cindy L. Sloan
Investment Insights
Based on property information with market context.
This 1925 Tudor Revival Duplex presents an opportunity to own a property rich in character and architectural detail. The property preserves its original craftsmanship while offering updates for modern living. Each residence features its own private entrance and lives independently, with no shared basement, attic, or utilities. Both units showcase leaded multi-pane casement windows, deep-tone oak trim, original parquet hardwood flooring, and fireplaces. The exterior features a stucco and brick facade, slate roof, and arched entryways. Both units offer 1,672 square feet across two levels, along with private full basements and walk-up attic space. Updated kitchens in each home are appointed with granite or quartz countertops, marble tile flooring, and stainless steel appliances. Unit #1980 features 3 bedrooms, 1 full bath, and 2 half baths, including a half bath in the primary bedroom. Unit #1982 offers 2 bedrooms and 2.5 baths, highlighted by a primary suite with walk-in closet and a full bath complete with both a tub and separate walk-in shower. Set on a 0.43-acre lot, the property provides a spacious backyard.
Key Highlights
- Rare Tudor Revival Duplex with independent residences.
- Showcasing original architectural details: leaded windows, oak trim, parquet floors, fireplaces.
- Updated kitchens feature granite/quartz countertops, marble floors, and stainless steel appliances.
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 | $86.3k | $25.80 |
| − Vacancy | −$5.9k | −$1.75 |
| EGI | $80.4k | $24.05 |
| − OpEx | −$24.1k | −$7.21 |
| NOI | $56.3k | $16.83 |
3,344 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$804.1K
$703.6K – $938.1K
NOI $56,286 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$748.2K
$654.7K – $872.9K
NOI $52,376 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$1.08M
$941.2K – $1.25M
NOI $75,298 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Distinctive duplex with original details and modern updates.
Where is this duplex located?
The property is located at 1980-1982 Chapel St New Haven, CT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Rare Tudor Revival Duplex with independent residences.; Showcasing original architectural details: leaded windows, oak trim, parquet floors, fireplaces.; Updated kitchens feature granite/quartz countertops, marble floors, and stainless steel appliances.
