New Haven Triplex Investment
For Sale
$479,000
49 Carmel St, New Haven, CT 06511
Three-family property suitable for income generation in New Haven.
Property Size2,268 SF
Price / SF$211.20
Days on Market199
Property Features for 49 Carmel St
General Information
Standard status
Active
Size
2,268 SF
Property subtype
Multi-Family
Building Details
Year Built
1920
Listing Agency:
Roundtree Realty LLC
Listed By:
Jacob Mochkin (347) 981-0571 (475) 227-4312 · License #RES.0834521
(347) 981-0571
Source:
Sunsetcreekrealty
Added: Mar 27
Changed: Oct 1
Last Checked: Oct 11 at 6:28AM
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 Roundtree Realty LLC
Investment Insights
Based on property information with market context.
This multifamily property, located in New Haven, Connecticut, is a three-family residence suitable as an investment property to hold for steady income. The property has a size of 2268 square feet.
Key Highlights
- Great investment opportunity.
- Steady income potential.
- Three family property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,175
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,500
$763.5K
Cap Rate 7%
$545,357
$545.4K
Cap Rate 9%
$424,167
$424.2K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$58.5K $25.80/SF
− Vacancy
−$4.0K −$1.75/SF
EGI
$54.5K $24.05/SF
− OpEx
−$16.4K −$7.21/SF
NOI
$38.2K $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%
$763,500
Cap Rate 7%
$545,357
Cap Rate 9%
$424,167
Alternative Uses
Best Use
Multifamily LT 5
$545.4K
$477.2K – $636.3K
NOI $38,175 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$507.5K
$444.0K – $592.1K
NOI $35,523 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$729.6K
$638.4K – $851.2K
NOI $51,069 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 06511, CT
55,879
Population
24,579
Households
2.3
Avg Household Size
29
Median Age
48%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
9,634
Density / Sq Mi
$56,300
Median Household Income
$34,409
Median Earnings
$1,534
Median Rent
$313,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property suitable for income generation in New Haven.
Where is this triplex located?
The property is located at 49 Carmel St New Haven, CT.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Great investment opportunity.; Steady income potential.; Three family property.
