East Rock Multifamily
276 Humphrey Street New Haven, CT 06511
276 Humphrey Street, New Haven, CT, 06511
$675,000
For Sale
$675,000
Well-maintained East Rock multifamily with central air, off-street parking, and a garage.
Property Size2,554 SF
Price / SF$264.29
Days on Market72
Property Features for 276 Humphrey Street
General Information
- Standard status
- Active
- Size
- 2,554 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1900
Listing agency
Coldwell Banker Realty
(203) 589-1434
Listed by
Darrell L Hardy · License #RES.0780138
(203) 589-1434
Source
Compass
Added: May 12 Updated: Jul 22 at 3:46PM Checked: Jul 22 at 3:46PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Located at 276 Humphrey Street in New Haven’s East Rock area, this centrally located multifamily property is described as well maintained and updated by the current owner over the last two decades.
The home includes central air on the first floor, with both heating systems reported as under two years old. The roof is described as 30-year architectural shingles, and the property was rewired. A 4-panel electric meter has been installed, with the note that it leaves room for future third-floor attic expansion. The property also features rare off-street parking with a garage and a yard.
With its updates and established configuration as a multifamily residence, the asset is presented as suitable for an owner-occupant or investor buyer seeking income-producing residential real estate in the East Rock area.
The home includes central air on the first floor, with both heating systems reported as under two years old. The roof is described as 30-year architectural shingles, and the property was rewired. A 4-panel electric meter has been installed, with the note that it leaves room for future third-floor attic expansion. The property also features rare off-street parking with a garage and a yard.
With its updates and established configuration as a multifamily residence, the asset is presented as suitable for an owner-occupant or investor buyer seeking income-producing residential real estate in the East Rock area.
Key Highlights
- East Rock multifamily with central air and hot air heat; walk‑up attic
- Roof has 30‑year architectural shingles
- Both heating systems are under 2 years old
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 | $65.9k | $25.80 |
| − Vacancy | −$4.5k | −$1.75 |
| EGI | $61.4k | $24.05 |
| − OpEx | −$18.4k | −$7.21 |
| NOI | $43.0k | $16.83 |
2,554 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$614.1K
$537.4K – $716.5K
NOI $42,989 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$571.5K
$500.0K – $666.7K
NOI $40,003 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$821.6K
$718.9K – $958.5K
NOI $57,509 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained East Rock multifamily with central air, off-street parking, and a garage.
Where is this duplex located?
The property is located at 276 Humphrey Street New Haven, CT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: East Rock multifamily with central air and hot air heat; walk‑up attic; Roof has 30‑year architectural shingles; Both heating systems are under 2 years old
