16 Edwards Street, New Haven, CT 06511
MULTI_FAMILY - New Haven, CT
- Added:
- Mar 5, 2026
- Days on Market:
- 98
- Last Refresh:
- Jun 11 at 1:06 am
Property Features for 16 Edwards Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 7, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Patio and Porch features
- Patio
- Exterior features
- Sidewalk,Patio
- Basement
- Full, Unfinished
- Standard status
- Pending
- Size
- 3,229 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 14686
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Blake Arruda (401) 808-9895
Listing office Houlihan Lawrence WD 117 River Street, Milford, CT (203) 701-4848
Listing date Mar 5, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑family house with seller CO stating it is a three family
- Eligible for Yale Homebuyer Program
- 7 bedrooms and 3 bathrooms, plus a basement
- Central A/C with public water and public sewer
- Includes a patio and sidewalk
- Two‑car garage at the back; no car access
Overview
Local 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 | $83.3k | $25.80 |
| − Vacancy | −$5.7k | −$1.75 |
| EGI | $77.6k | $24.05 |
| − OpEx | −$23.3k | −$7.21 |
| NOI | $54.4k | $16.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.91038
- Latitude
- 41.315838
