16 King Place New Haven, CT 06519
MULTI_FAMILY - New Haven, CT
- Added:
- Jul 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 14 at 1:06 am
Property Features for 16 King Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Basement, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
- Fireplace
- 1
- Basement
- Full
- Standard status
- Active
- Size
- 1,899 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8324
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2009
- Architectural style
- Other
Listing agent Beata Molnar License #RES.0831197 (718) 908-5559
Listing office eRealty Advisors, Inc. 1266 E Main St, Suite 700r, White Plains, CT (203) 989-3635
Listing date Jul 13, 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.
Investment Insights
Based on property information with market context.
The second-floor apartment is tenant-occupied and offers a bright open-concept layout with high ceilings, a skylight, a generous living room, one bedroom, a walk-in closet, and a private balcony. A private backyard provides outdoor space for the property.
The property is located at 16 King Place in New Haven, CT 06519, in RM2 zoning. It is described as being conveniently near Downtown New Haven, Yale University, shopping, restaurants, and transportation.
Key Highlights
- Two‑family home built in 2009 with central air, public water, and public sewer.
- First‑floor owner’s unit features a living room with a fireplace, hardwood floors, and soaring ceilings.
- Owner’s unit includes a kitchen with natural wood cabinetry and 3 bedrooms with custom built‑in closets and desks.
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 | $49.0k | $25.80 |
| − Vacancy | −$3.3k | −$1.75 |
| EGI | $45.7k | $24.05 |
| − OpEx | −$13.7k | −$7.21 |
| NOI | $32.0k | $16.83 |
