Updated Two-Family
41 Admiral Street New Haven, CT 06511
41 Admiral Street, New Haven, CT, 06511
$475,000
Pending
For Sale
$475,000
Pending
Turnkey updated duplex with modern finishes throughout, offering two separately functioning residences in New Haven, CT.
Property Size2,199 SF
Days on Market90
Property Features for 41 Admiral Street
General Information
- Standard status
- Pending
- Size
- 2,199 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1987
Listing agency
Vanguard Private Client Grp
(860) 882-8784
Listed by
Natalie Zoef
(860) 882-8784
Source
Lockandkeyre
Added: Apr 24 Updated: Jul 22 at 12:44AM Checked: Jul 22 at 5:22AM
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 Vanguard Private Client Grp
Investment Insights
Based on property information with market context.
This turnkey two-family duplex offers updated interiors with modern finishes throughout. Each unit provides its own comfortable, thoughtfully designed living space, supporting either rental income or owner-occupant living within the same property.
The exterior is well maintained, with an inviting, curbside presence. The property is conveniently located just minutes from downtown and Yale, with access to nearby shopping, dining, entertainment, and major commuting routes.
With recent upgrades noted throughout the home, this duplex is presented in move-in condition for the next owner, combining two separate residences under one roof.
The exterior is well maintained, with an inviting, curbside presence. The property is conveniently located just minutes from downtown and Yale, with access to nearby shopping, dining, entertainment, and major commuting routes.
With recent upgrades noted throughout the home, this duplex is presented in move-in condition for the next owner, combining two separate residences under one roof.
Key Highlights
- 1987‑built updated two‑family (duplex) in New Haven, CT
- Two separately functioning residences for rental income or owner occupancy
- Modern finishes throughout for a move‑in ready setup
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 | $56.7k | $25.80 |
| − Vacancy | −$3.9k | −$1.75 |
| EGI | $52.9k | $24.05 |
| − OpEx | −$15.9k | −$7.21 |
| NOI | $37.0k | $16.83 |
2,199 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.8K
$462.7K – $616.9K
NOI $37,013 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$492.0K
$430.5K – $574.0K
NOI $34,442 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$707.4K
$618.9K – $825.3K
NOI $49,515 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Turnkey updated duplex with modern finishes throughout, offering two separately functioning residences in New Haven, CT.
Where is this duplex located?
The property is located at 41 Admiral Street New Haven, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1987‑built updated two‑family (duplex) in New Haven, CT; Two separately functioning residences for rental income or owner occupancy; Modern finishes throughout for a move‑in ready setup
