3-Unit
135-137 Pendleton, New Haven, CT 06511
For Sale
$645,000
Pending
Each apartment offers three bedrooms, one full bath, hardwood floors, and updated kitchens and bathrooms.
Property Size3,482 SF
Days on Market48
Property Features for 135-137 Pendleton
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
off street parking
basement laundry hookup
additional basement storage
Building Details
Year Built
Listing Agency:
Real Broker CT, LLC
(855) 450-0442
Listed By:
Jennifer D'Amato · License CT REB.0788209
(203) 605-7865
Source:
Lockandkeyre
Added: Sep 24
Changed: Nov 10
Last Checked: Nov 10 at 7:25AM
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 Real Broker CT, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1920, this 3,482-square-foot triplex contains three apartments, each with three bedrooms and one full bathroom. Interiors feature hardwood flooring, updated kitchens and baths, and natural light; the third-floor apartment has higher ceilings. Basement space includes laundry hookups and additional storage, and off-street parking is available.
The property is near Edgewood Park, shopping, public transportation, and downtown New Haven.
The property is near Edgewood Park, shopping, public transportation, and downtown New Haven.
Key Highlights
- Three apartments, each with 3 bedrooms and 1 full bath
- 3,482 square feet; built in 1920
- Hardwood flooring, updated kitchens and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,609
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,180
$1.2M
Cap Rate 7%
$837,271
$837.3K
Cap Rate 9%
$651,211
$651.2K
Market Conditions
NOI Build-Up for 3,482 SF
Gross rent
$89.8K $25.80/SF
− Vacancy
−$6.1K −$1.75/SF
EGI
$83.7K $24.05/SF
− OpEx
−$25.1K −$7.21/SF
NOI
$58.6K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,172,180
Cap Rate 7%
$837,271
Cap Rate 9%
$651,211
Alternative Uses
Best Use
Multifamily LT 5
$837.3K
$732.6K – $976.8K
NOI $58,609 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$779.1K
$681.7K – $909.0K
NOI $54,538 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$1.12M
$980.1K – $1.31M
NOI $78,405 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
Explore this area
Business Placement
Demographics for 06511, CT
55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in New Haven, CT
Properties on Market for Triplexes in New Haven
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each apartment offers three bedrooms, one full bath, hardwood floors, and updated kitchens and bathrooms.
Where is this triplex located?
The property is located at 135-137 Pendleton New Haven, CT.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Three apartments, each with 3 bedrooms and 1 full bath; 3,482 square feet; built in 1920; Hardwood flooring, updated kitchens and bathrooms
