Duplex with Finished
New
For Sale
$499,000
210 Washington, West Haven, CT 06516
Two residences provide five bedrooms and three full baths, supported by public water, sewer, and natural gas heat.
Property Size2,516 SF
Price / SF$198.33
Days on Market6
Property Features for 210 Washington
General Information
Standard status
Active
Size
2,516 SF
Property subtype
2 Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
KW Legacy Partners
(860) 313-0700
Listed By:
Edward Ford · License #RES.0827001
(860) 983-5942
Source:
Lockandkeyre
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 8:42AM
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 KW Legacy Partners
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Investment Insights
Based on property information with market context.
This two-unit property contains five bedrooms and three full baths across separate residences. One unit has two bedrooms and one full bath; the other includes three bedrooms and two full baths. A full basement provides storage, and the finished attic adds additional interior space. The property also has a paved private driveway, public water and sewer, and natural gas heat. Built in 1900, it is zoned R3.
Parks, public transportation, and neighborhood amenities are nearby. The West Haven boardwalk and shoreline are a few blocks away.
Parks, public transportation, and neighborhood amenities are nearby. The West Haven boardwalk and shoreline are a few blocks away.
Key Highlights
- Two units: one with 2 bedrooms and 1 full bath; the other with 3 bedrooms and 2 full baths
- R3 zoning
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,349
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,980
$847.0K
Cap Rate 7%
$604,986
$605.0K
Cap Rate 9%
$470,544
$470.5K
Market Conditions
NOI Build-Up for 2,516 SF
Gross rent
$64.9K $25.80/SF
− Vacancy
−$4.4K −$1.75/SF
EGI
$60.5K $24.05/SF
− OpEx
−$18.1K −$7.21/SF
NOI
$42.3K $16.83/SF
Area
New Haven, CT
Vacancy
6.80%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,980
Cap Rate 7%
$604,986
Cap Rate 9%
$470,544
Alternative Uses
Best Use
Multifamily LT 5
$605.0K
$529.4K – $705.8K
NOI $42,349 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$563.0K
$492.6K – $656.8K
NOI $39,407 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$809.3K
$708.2K – $944.2K
NOI $56,653 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,354
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide five bedrooms and three full baths, supported by public water, sewer, and natural gas heat.
Where is this duplex located?
The property is located at 210 Washington West Haven, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 1 full bath; the other with 3 bedrooms and 2 full baths; R3 zoning; Built in 1900
