Side-by-Side Residential Income
19-21 Maple Road, West Haven, CT 06516
For Sale
New
$1,450,000
Built in 2022, the property has side-by-side units and a paved driveway.
Property Size3,941 SF
Price / SF$367.93
Days on Market5
Property Features for 19-21 Maple Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Taxes and HOA fees
Annual Taxes
Amenities
Wall Unit(s)
Full, Storage Space
Gas Water Heater
Water
Paved, Driveway, Attached
Units are Side-by-Side
Building Details
Building Size
Year Built
Listing Agency:
William Raveis Real Estate
Listed By:
Tracee Adams · License #RES.0807414
(860) 876-7358
Source:
Evrealestate
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 8 at 6:09AM
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 William Raveis Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 19-21 Maple Road in West Haven, this 3,941-square-foot residential income property was built in 2022 and is zoned R2. Its units are arranged side by side, with a paved driveway providing on-site vehicle access.
Interior features include wall units, a gas water heater, and full storage space.
Interior features include wall units, a gas water heater, and full storage space.
Key Highlights
- 3,941 square feet; built in 2022
- Side‑by‑side unit configuration
- R2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,727
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,234,540
$1.2M
Cap Rate 7%
$881,814
$881.8K
Cap Rate 9%
$685,856
$685.9K
Market Conditions
NOI Build-Up for 3,941 SF
Gross rent
$119.6K $30.36/SF
− Vacancy
−$7.4K −$1.88/SF
EGI
$112.2K $28.48/SF
− OpEx
−$50.5K −$12.81/SF
NOI
$61.7K $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%
$1,234,540
Cap Rate 7%
$881,814
Cap Rate 9%
$685,856
Alternative Uses
Best Use
Apartment 5plus
$881.8K
$771.6K – $1.03M
NOI $61,727 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,741 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in West Haven, CT
Properties on Market for Residential income properties in West Haven
Frequently Asked Questions
What type of property is this?
Residential income property - Built in 2022, the property has side-by-side units and a paved driveway.
Where is this residential income property located?
The property is located at 19-21 Maple Road West Haven, CT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,941 square feet; built in 2022; Side‑by‑side unit configuration; R2 zoning
