Seven-Bedroom
New
For Sale
$510,000
44 Dudley St, Hamden, CT 06517
Three apartments offer a studio and two-bedroom and four-bedroom layouts.
Property Size2,306 SF
Price / SF$221.16
Days on Market5
Property Features for 44 Dudley St
General Information
Standard status
Active
Size
2,306 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x Studio/1BA, 1 x 4BR/1BA
Multifamily Units
3
Amenities
hardwood floors
stainless steel appliances
private back porch
off-street parking
Building Details
Year Built
1845
Listing Agency:
Cordelli Realty LLC
Listed By:
Jake Cordelli (203) 856-4317 (203) 856-4317 · License #REB.0793614
(203) 856-4317
Source:
Sunsetcreekrealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 10:45PM
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 Cordelli Realty LLC
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Investment Insights
Based on property information with market context.
Built in 1845, this 2,306-square-foot triplex contains three apartments and is currently occupied. The unit mix includes a two-bedroom, one-bathroom apartment, a studio with one bathroom, and a four-bedroom, one-bathroom apartment, for a total of seven bedrooms and three bathrooms. Interior features include hardwood flooring and stainless steel appliances. A private rear porch and off-street parking are also part of the property.
The Hamden address provides access to Southern Connecticut State University, Albertus Magnus College, Yale University, downtown New Haven, public transportation, major highways, restaurants, and shopping.
The Hamden address provides access to Southern Connecticut State University, Albertus Magnus College, Yale University, downtown New Haven, public transportation, major highways, restaurants, and shopping.
Key Highlights
- Three apartments with a total of 7 bedrooms and 3 bathrooms
- Unit mix: 2‑bedroom, 1‑bathroom apartment; studio with 1 bathroom; 4‑bedroom, 1‑bathroom apartment
- 2,306‑square‑foot property built in 1845
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,814
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,280
$776.3K
Cap Rate 7%
$554,486
$554.5K
Cap Rate 9%
$431,267
$431.3K
Market Conditions
NOI Build-Up for 2,306 SF
Gross rent
$59.5K $25.80/SF
− Vacancy
−$4.0K −$1.75/SF
EGI
$55.4K $24.05/SF
− OpEx
−$16.6K −$7.21/SF
NOI
$38.8K $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%
$776,280
Cap Rate 7%
$554,486
Cap Rate 9%
$431,267
Alternative Uses
Best Use
Multifamily LT 5
$554.5K
$485.2K – $646.9K
NOI $38,814 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$516.0K
$451.5K – $602.0K
NOI $36,118 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$741.8K
$649.1K – $865.4K
NOI $51,925 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments offer a studio and two-bedroom and four-bedroom layouts.
Where is this triplex located?
The property is located at 44 Dudley St Hamden, CT.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Three apartments with a total of 7 bedrooms and 3 bathrooms; Unit mix: 2‑bedroom, 1‑bathroom apartment; studio with 1 bathroom; 4‑bedroom, 1‑bathroom apartment; 2,306‑square‑foot property built in 1845
