Historic Triplex with Covered
45 Jaenicke Lane Hamden, CT 06517
45 Jaenicke Lane, Hamden, CT, 06517
$575,000
For Sale
$575,000
A 1900-era triplex that blends original architectural details with updated mechanicals for dependable everyday living.
Property Size2,958 SF
Price / SF$194.39
Days on Market25
Property Features for 45 Jaenicke Lane
General Information
- Standard status
- Active
- Size
- 2,958 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing Agency
Candy Basta
(203) 444-5288
Listed by
Jordan Healy
(413) 717-0635
Source
Lockandkeyre
Added: Jun 23 Checked: Jul 17 at 5:45 am
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 Candy Basta
Investment Insights
Based on property information with market context.
Built in 1900, this historic triplex retains much of its original architectural character, including period woodwork, classic detailing, and traditional craftsmanship throughout. While the building honors its era, it also benefits from updated mechanicals designed to provide the convenience and reliability expected by today’s owners and tenants. A covered porch offers an inviting outdoor entry for residents, adding to the property’s home-like feel.
Located in Hamden, the property sits in a neighborhood described as sought-after in the seller’s remarks. The setting supports a residential atmosphere where long-established building features and modernized systems can both play an active role in day-to-day use.
As a residential income property, the layout is suited to an owner seeking rental income or an operator looking for a multi-unit building with preserved historic details and practical mechanical updates. Prospective tenants and buyers should find the combination of original craftsmanship and modern improvements appealing for those who value character without giving up functional reliability. The covered porch also provides a clear, usable feature that residents can enjoy year-round within the overall property experience.
Located in Hamden, the property sits in a neighborhood described as sought-after in the seller’s remarks. The setting supports a residential atmosphere where long-established building features and modernized systems can both play an active role in day-to-day use.
As a residential income property, the layout is suited to an owner seeking rental income or an operator looking for a multi-unit building with preserved historic details and practical mechanical updates. Prospective tenants and buyers should find the combination of original craftsmanship and modern improvements appealing for those who value character without giving up functional reliability. The covered porch also provides a clear, usable feature that residents can enjoy year-round within the overall property experience.
Key Highlights
- Built in 1900, this triplex retains original architectural charm and period woodwork
- Includes classic period detailing and original craftsmanship throughout
- Updated mechanicals provide convenience and reliability for everyday living
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 | $76.3k | $25.80 |
| − Vacancy | −$5.2k | −$1.75 |
| EGI | $71.1k | $24.05 |
| − OpEx | −$21.3k | −$7.21 |
| NOI | $49.8k | $16.83 |
2,958 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$711.3K
$622.4K – $829.8K
NOI $49,789 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$661.9K
$579.1K – $772.2K
NOI $46,330 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$951.5K
$832.6K – $1.11M
NOI $66,606 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - A 1900-era triplex that blends original architectural details with updated mechanicals for dependable everyday living.
Where is this triplex located?
The property is located at 45 Jaenicke Lane Hamden, CT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Built in 1900, this triplex retains original architectural charm and period woodwork; Includes classic period detailing and original craftsmanship throughout; Updated mechanicals provide convenience and reliability for everyday living