Three-Family Residential
224 Huntington Street New Haven, CT 06511
224 Huntington Street, New Haven, CT, 06511
$895,000
For Sale
$895,000
Well-maintained three-unit building with separate gas and electric meters, large basement, and off-street parking.
Property Size3,814 SF
Price / SF$234.66
Days on Market101
Property Features for 224 Huntington Street
General Information
- Standard status
- Active
- Size
- 3,814 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1930
Listing agency
Seabury Hill REALTORS
(203) 675-3942
Listed by
John Hill · License #REB.0795121
(203) 675-3942
Source
Lockandkeyre
Added: Apr 13 Updated: Jul 21 at 5:47AM Checked: Jul 22 at 4:54AM
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 Seabury Hill REALTORS
Investment Insights
Based on property information with market context.
This three-family residential property offers a total of 3,814 sq. ft. across three well-maintained, sun-filled apartments. The first-floor unit features a six-room layout with hardwood floors, two large bedrooms, a tiled full bath, a formal living room with fireplace, a spacious dining room with detailed woodwork, a sun porch suitable for an office, and a remodeled eat-in kitchen. The second-floor apartment follows the same layout with a more modern kitchen that includes cherry wood cabinets, tile flooring, stainless steel appliances, and an island. The third-floor unit includes a sun-drenched living room with vaulted ceilings and a fireplace, a cozy nook for an office, and an appliance kitchen with dining space leading out through glass doors.
The building is maintained with vinyl siding, a mid-aged roof, and vinyl replacement windows. A large basement provides storage and laundry, with gas and electric separately metered. Outside, the property includes a large backyard with a deck, a two-car garage, and additional off-street parking for three cars.
The building is maintained with vinyl siding, a mid-aged roof, and vinyl replacement windows. A large basement provides storage and laundry, with gas and electric separately metered. Outside, the property includes a large backyard with a deck, a two-car garage, and additional off-street parking for three cars.
Key Highlights
- 3‑family home built in 1930 offering 3,814 sq ft across three sun‑filled apartments
- Separate utilities: gas and electric are separately metered
- Well‑maintained exterior with vinyl siding, mid‑aged roof, and vinyl replacement windows
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 | $98.4k | $25.80 |
| − Vacancy | −$6.7k | −$1.75 |
| EGI | $91.7k | $24.05 |
| − OpEx | −$27.5k | −$7.21 |
| NOI | $64.2k | $16.83 |
3,814 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$917.1K
$802.5K – $1.07M
NOI $64,197 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$853.4K
$746.7K – $995.6K
NOI $59,738 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,881 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with separate gas and electric meters, large basement, and off-street parking.
Where is this triplex located?
The property is located at 224 Huntington Street New Haven, CT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 3‑family home built in 1930 offering 3,814 sq ft across three sun‑filled apartments; Separate utilities: gas and electric are separately metered; Well‑maintained exterior with vinyl siding, mid‑aged roof, and vinyl replacement windows
