38 Hilltop Road, New Haven, CT 06515
MULTI_FAMILY - New Haven, CT
- Added:
- Apr 14, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 11 at 7:06 am
Property Features for 38 Hilltop Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2
- Patio and Porch features
- Porch
- Exterior features
- Porch-Enclosed,Porch,Deck
- Basement
- Crawl Space
- Standard status
- Pending
- Size
- 1,728 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4887
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Architectural style
- Other
Listing agent Anissa Richardson License #RES.0833160 (203) 815-3781
Listing office Century 21 AllPoints Realty 857 N Main St. Ext Suite 3, Southington, CT (203) 265-1931
Listing date Apr 14, 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.
HighLights
- Two‑family home: Ideal for investment or owner‑occupancy.
- Separate utilities for each unit: Tenants pay their own bills.
- Newer windows and upgraded water heater: Reduced maintenance costs.
- Fenced‑in property with deck and multiple sheds: Enhanced privacy and storage.
- Convenient location: Quick access to shopping, dining, public transportation, and major highways.
- Enclosed porch with separate entrances: Added privacy for each unit.
Overview
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 | $44.6k | $25.80 |
| − Vacancy | −$3.0k | −$1.75 |
| EGI | $41.6k | $24.05 |
| − OpEx | −$12.5k | −$7.21 |
| NOI | $29.1k | $16.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.970383
- Latitude
- 41.337367
