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Renovated Duplex with Private Parking
For Sale
$429,000

253 Goodrich St, Hamden, CT 06517

Two-family residence with updated kitchens and baths, a fenced yard, deck, and off-street parking.

Property Size1,988 SF
Price / SF$215.79
Days on Market35

Property Features for 253 Goodrich St

General Information

Standard status Active
Size 1,988 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,662

Amenities

fully fenced yard
deck
large backyard
private off-street parking
new appliances

Building Details

Buildings 1
Listing Agency: eXp Realty
Listed By: Angel Mora · License #RES.0812060
Source: Exprealty
Added: Sep 1 Changed: Sep 19 Last Checked: Oct 4 at 3:32PM

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

Investment Insights

Based on property information with market context.

This renovated duplex, built in 1920, offers two-family residential functionality with refreshed interior and exterior finishes. Improvements include new hardwood flooring, updated kitchens with cabinetry, countertops, and appliances, plus renovated bathrooms. The property also includes a fully fenced yard, deck, large backyard, and private off-street parking.

Located at 253 Goodrich Street in Hamden, Connecticut, the home combines updated living areas with outdoor space and on-site parking. The property size is listed as 1,988, providing a substantial footprint for a two-family residence.

Key Highlights

  • Renovated duplex with two‑family configuration
  • New hardwood flooring and refreshed interior and exterior paint
  • Updated kitchens with new cabinetry, countertops, and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,462
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,240 $669.2K
Cap Rate 7%
$478,029 $478.0K
Cap Rate 9%
$371,800 $371.8K
Market Conditions
NOI Build-Up for 1,988 SF
Gross rent
$51.3K $25.80/SF
− Vacancy
−$3.5K −$1.75/SF
EGI
$47.8K $24.05/SF
− OpEx
−$14.3K −$7.21/SF
NOI
$33.5K $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%
$669,240
Cap Rate 7%
$478,029
Cap Rate 9%
$371,800

Alternative Uses

Best Use
Multifamily LT 5
$478.0K
$418.3K – $557.7K (±1% cap)
NOI $33,462 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$444.8K
$389.2K – $519.0K (±1% cap)
NOI $31,137 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$639.5K
$559.6K – $746.1K (±1% cap)
NOI $44,764 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Cafe & Coffee Shop Bakery (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby

Demographics for 06517, CT

14,954
Population
6,875
Households
2.2
Avg Household Size
45
Median Age
52%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
2,991
Density / Sq Mi
$97,154
Median Household Income
$58,025
Median Earnings
$1,351
Median Rent
$313,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family residence with updated kitchens and baths, a fenced yard, deck, and off-street parking.
Where is this duplex located?
The property is located at 253 Goodrich St Hamden, CT.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Renovated duplex with two‑family configuration; New hardwood flooring and refreshed interior and exterior paint; Updated kitchens with new cabinetry, countertops, and appliances
More about this property
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