24 Hazel Street New Haven, CT 06511
MULTI_FAMILY - New Haven, CT
- Added:
- Jun 8, 2026
- Days on Market:
- 37
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 24 Hazel Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 3, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
- Parking
- 4
- Patio and Porch features
- Deck
- Exterior features
- Balcony,Covered Deck
- Basement
- Full
- Standard status
- Pending
- Size
- 2,832 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7397
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing agent Damien DePonte-Keough (203) 821-1162
Listing office Weichert, Realtors-On The Mark 47 Cherry Street, Milford, CT (203) 283-1422
Listing date Jun 8, 2026
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home is located in New Haven, Connecticut, and is identified under RM2 zoning. The public remarks indicate proximity to transit lines and shops, which can be a factor for tenants who value convenient commuting and nearby everyday services.
From a tenant or buyer standpoint, the current unrented first-floor unit may be appealing for an owner-occupant looking to move in while planning leasing for the remaining income potential. For investors, the finished basement adds usable interior space, while the off-street parking can help reduce day-to-day friction for residents. Overall, this is a straightforward multifamily purchase with key operational considerations already in place.
Key Highlights
- Multifamily home with 6 bedrooms, 3 bathrooms, and a completely finished basement
- First‑floor unit is currently unrented, offering immediate possession, owner occupancy, or quick lease‑up
- Covered deck and balcony, plus a deck for outdoor space
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 | $73.1k | $25.80 |
| − Vacancy | −$5.0k | −$1.75 |
| EGI | $68.1k | $24.05 |
| − OpEx | −$20.4k | −$7.21 |
| NOI | $47.7k | $16.83 |
