31 Greenwood Street New Haven, CT 06519
Recently renovated multifamily property featuring multiple bedrooms and bathrooms.
- Added:
- May 7, 2025
- Days on Market:
- 434
- Last Refresh:
- May 29 at 2:12 am
Property Features for 31 Greenwood Street
General Information
- Standard status
- Active
- Size
- 1,875 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing office Beycome of Connecticut (804) 656-5007
Listing date May 7, 2025
Source Exitrealty
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 Beycome of Connecticut
Investment Insights
Based on property information with market context.
Key Highlights
- Newly Renovated: Enjoy new kitchens, bathrooms, flooring, and paint.
- High Rental Income Potential: A 'cash cow' with its many bedrooms.
- Seven Bedrooms Total: Featuring 3 bedrooms on the first floor and 4 on the second.
Local Financial Insights For Apartment 5plus
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 | $56.9k | $30.36 |
| − Vacancy | −$3.5k | −$1.88 |
| EGI | $53.4k | $28.48 |
| − OpEx | −$24.0k | −$12.81 |
| NOI | $29.4k | $15.66 |
