Duplex with Third-Floor
New
For Sale
$554,900
168 Ellsworth, New Haven, CT 06511
Two apartments are complemented by additional third-floor rooms and off-street parking.
Property Size3,222 SF
Price / SF$172.22
Days on Market6
Property Features for 168 Ellsworth
General Information
Standard status
Active
Size
3,222 SF
Property subtype
2 Family
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Century 21 AllPoints Realty
(860) 263-2121
Listed By:
Mimi Perrotti · License #RES.0816123
(860) 595-9888
Source:
Lockandkeyre
Added: Oct 17
Changed: Oct 21
Last Checked: Oct 20 at 10:29PM
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 Century 21 AllPoints Realty
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Investment Insights
Based on property information with market context.
This 3,222-square-foot duplex, built in 1900, contains two apartments, each with two bedrooms and one bathroom. Additional third-floor space includes two bedrooms, a full bathroom, and an office or recreation room. The property has two natural gas hot water heaters and two furnaces, one natural gas-fired and one oil-fired, along with public water and sewer.
Outdoor features include a large private backyard and off-street parking for at least six to eight cars. The property is near Yale University, Yale New Haven Hospital, UNH, SCSU, Albertus Magnus, downtown shopping, and Edge of the Woods Market.
Outdoor features include a large private backyard and off-street parking for at least six to eight cars. The property is near Yale University, Yale New Haven Hospital, UNH, SCSU, Albertus Magnus, downtown shopping, and Edge of the Woods Market.
Key Highlights
- 3,222‑square‑foot duplex built in 1900
- Two apartments, each with two bedrooms and one bathroom
- Third‑floor area includes two bedrooms, a full bathroom, and an office or recreation room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,465
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,300
$1.0M
Cap Rate 7%
$720,929
$720.9K
Cap Rate 9%
$560,722
$560.7K
Market Conditions
NOI Build-Up for 3,222 SF
Gross rent
$97.8K $30.36/SF
− Vacancy
−$6.1K −$1.88/SF
EGI
$91.8K $28.48/SF
− OpEx
−$41.3K −$12.81/SF
NOI
$50.5K $15.66/SF
Area
New Haven, CT
Vacancy
6.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,300
Cap Rate 7%
$720,929
Cap Rate 9%
$560,722
Alternative Uses
Best Use
Multifamily LT 5
$774.7K
$677.9K – $903.9K
NOI $54,232 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$720.9K
$630.8K – $841.1K
NOI $50,465 @ 7.0% cap · market cap 9.09%
Theoretical Best
Office A
$1.04M
$906.9K – $1.21M
NOI $72,551 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
184
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments are complemented by additional third-floor rooms and off-street parking.
Where is this duplex located?
The property is located at 168 Ellsworth New Haven, CT.
What is the asking price?
The asking price for this property is $554,900.
What are key features of this property?
This property features: 3,222‑square‑foot duplex built in 1900; Two apartments, each with two bedrooms and one bathroom; Third‑floor area includes two bedrooms, a full bathroom, and an office or recreation room
