Renovated Two-Family
For Sale
$440,000
6 Arch St, New Haven, CT 06519
Two residential units include a two-bedroom layout and a larger five-bedroom, two-bathroom residence.
Property Size2,324 SF
Days on Market10
Property Features for 6 Arch St
General Information
Standard status
Active
Size
2,324 SF
Property subtype
Multi Family
Building Details
Building Size
2,324 SF
Year Built
1900
Listing Agency:
Roundtree Realty LLC
Listed By:
Javyn Roundtree · License #0795713
(747) 252-3955
Source:
Elliman
Added: Sep 15
Changed: Sep 23
Last Checked: Sep 22 at 4:38PM
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 Roundtree Realty LLC
Investment Insights
Based on property information with market context.
Built in 1900, this renovated duplex contains two residential units with distinct configurations. One unit offers 2 bedrooms, while the second provides 5 bedrooms and 2 bathrooms, creating a flexible two-family setup for residential occupancy or rental use.
The property is located at 6 Arch St in New Haven, near Yale New Haven Hospital, downtown New Haven, shopping, dining, public transportation, and major highways. WalkScore and BikeScore are both 66, while TransitScore is 55.
The property is located at 6 Arch St in New Haven, near Yale New Haven Hospital, downtown New Haven, shopping, dining, public transportation, and major highways. WalkScore and BikeScore are both 66, while TransitScore is 55.
Key Highlights
- Two‑unit duplex at 6 Arch St, New Haven, CT 06519
- Renovated property built in 1900
- Unit mix includes 2 bedrooms and 5 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,117
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,340
$782.3K
Cap Rate 7%
$558,814
$558.8K
Cap Rate 9%
$434,633
$434.6K
Market Conditions
NOI Build-Up for 2,324 SF
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.
Gross rent
$60.0K $25.80/SF
− Vacancy
−$4.1K −$1.75/SF
EGI
$55.9K $24.05/SF
− OpEx
−$16.8K −$7.21/SF
NOI
$39.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$782,340
Cap Rate 7%
$558,814
Cap Rate 9%
$434,633
Alternative Uses
Best Use
Multifamily LT 5
$558.8K
$489.0K – $652.0K
NOI $39,117 @ 7.0% cap · market cap 8.89%
Second Best
Apartment 5plus
$520.0K
$455.0K – $606.7K
NOI $36,400 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$747.6K
$654.1K – $872.2K
NOI $52,330 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,943
Businesses Nearby
Explore this area
Business Placement
Demographics for 06519, CT
15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a two-bedroom layout and a larger five-bedroom, two-bathroom residence.
Where is this duplex located?
The property is located at 6 Arch St New Haven, CT.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑unit duplex at 6 Arch St, New Haven, CT 06519; Renovated property built in 1900; Unit mix includes 2 bedrooms and 5 bedrooms
