180 Willow Street, New Haven, CT 06511
Three-unit income property with off-street parking, basement laundry, and multiple recent updates.
- Added:
- Jun 5, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 10 at 1:57 am
Property Features for 180 Willow Street
General Information
- Standard status
- Active
- Size
- 2,842 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing agent Rebecca Weiner (203) 687-8227
Listing office Betsy Grauer Realty, Inc (203) 687-8227
Listing date Jun 5, 2026
Source Lockandkeyre
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 Betsy Grauer Realty, Inc
HighLights
- Legal 3‑family home built in 1900 with basement laundry and 4 off‑street parking spots plus a small backyard and shed
- Updated with replacement windows, mostly rewired electric (including house panel) and a 2022 roof
- 3rd/4th floor apartments can be combined for an owner's unit, with 3 bedrooms and 1350+ sq ft; potential 4 BR, 2 baths, 1800+ sq ft
- All long‑term tenants; total rent almost $5,000/month and leases end 7/31/26
- Entire house repainted, and driveway/parking lot repaved
- Worthington Hooker School Attendance Zone; walkable to Yale and downtown, plus Yale Shuttle stop nearby
Overview
The property is described as being in the heart of East Rock and within the Worthington Hooker School Attendance Zone. It is steps from East Rock Park/playground and near East Rock-area shops and cafes on Orange Street, with an easy walk to Yale and downtown. It is also positioned about a half block from a Yale Shuttle stop and approximately 4.5 blocks from Worthington Hooker, with easy on/off access for routes 91/95.
For tenants or owner occupants, this structure provides three separate apartments with long-term stable tenancy and basement laundry. For investors, the current leases are stated to end 7/31/26, and the seller indicates units can be left clean and empty at closing or re-rented at new rent based on new owner preference. The home’s updates and flexible upper-floor configuration support multiple ways to use the property depending on occupancy goals.
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 | $73.3k | $25.80 |
| − Vacancy | −$5.0k | −$1.75 |
| EGI | $68.3k | $24.05 |
| − OpEx | −$20.5k | −$7.21 |
| NOI | $47.8k | $16.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9101431
- Latitude
- 41.3210846