Remodeled Triplex with Fenced
212 Newhall St, New Haven, CT 06511
For Sale
$450,000
Three-unit residence with refreshed interiors, stainless appliances, and enclosed outdoor areas.
Property Size1,831 SF
Price / SF$245.77
Days on Market97
Property Features for 212 Newhall St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
covered front porch
fenced backyard
Building Details
Buildings
Listing Agency:
eXp Realty
(866) 828-3951
Listed By:
Mark Mermelstein · License CT RES.0811095
(347) 634-2123
Source:
Exprealty
Added: Aug 6
Changed: Oct 26
Last Checked: Nov 10 at 2:54PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 1,830-square-foot triplex, built in 1910, has undergone recent remodeling across its three residential units. Interior updates include kitchens and bathrooms, newer flooring, stainless steel appliances, and bright living areas. Vinyl siding adds to the exterior improvements, while a covered front porch provides additional outdoor space.
The property includes a fenced driveway and a flat, fenced backyard. Its New Haven setting is near Yale, Science Park, major highways, shopping, restaurants, and other city amenities. Walk Score is 66, Bike Score is 82, and Transit Score is 41, providing measurable access to walking, cycling, and public transportation options.
The property includes a fenced driveway and a flat, fenced backyard. Its New Haven setting is near Yale, Science Park, major highways, shopping, restaurants, and other city amenities. Walk Score is 66, Bike Score is 82, and Transit Score is 41, providing measurable access to walking, cycling, and public transportation options.
Key Highlights
- Three‑unit triplex with approximately 1,830 square feet
- Recently remodeled kitchens and bathrooms with newer flooring
- Stainless steel appliances and bright interior spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,819
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,380
$616.4K
Cap Rate 7%
$440,271
$440.3K
Cap Rate 9%
$342,433
$342.4K
Market Conditions
NOI Build-Up for 1,831 SF
Gross rent
$47.2K $25.80/SF
− Vacancy
−$3.2K −$1.75/SF
EGI
$44.0K $24.05/SF
− OpEx
−$13.2K −$7.21/SF
NOI
$30.8K $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%
$616,380
Cap Rate 7%
$440,271
Cap Rate 9%
$342,433
Alternative Uses
Best Use
Multifamily LT 5
$440.3K
$385.2K – $513.7K
NOI $30,819 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$409.7K
$358.5K – $478.0K
NOI $28,678 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$589.0K
$515.4K – $687.2K
NOI $41,229 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
905
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
$313,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in New Haven, CT
Properties on Market for Triplexes in New Haven
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residence with refreshed interiors, stainless appliances, and enclosed outdoor areas.
Where is this triplex located?
The property is located at 212 Newhall St New Haven, CT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑unit triplex with approximately 1,830 square feet; Recently remodeled kitchens and bathrooms with newer flooring; Stainless steel appliances and bright interior spaces
