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Duplex with Finished Attic
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 Market5

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
Listed By: Edward Ford · License #RES.0827001
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.

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 (±1% cap)
NOI $42,349 @ 7.0% cap · market cap 8.49%
Second Best
Apartment 5plus
$563.0K
$492.6K – $656.8K (±1% cap)
NOI $39,407 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$809.3K
$708.2K – $944.2K (±1% cap)
NOI $56,653 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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
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