Two-Unit Duplex with Updated
New
For Sale
$519,900
49 Carmel St, New Haven, CT 06511
Both units feature hardwood floors, updated kitchens and baths, private backyards, off-street parking, and upgraded mechanicals.
Days on Market3
Property Features for 49 Carmel St
General Information
Standard status
Active
Property subtype
Multi Family
Amenities
hardwood floors
updated kitchens and baths
private backyard
upgraded mechanicals
Building Details
Building Size
2,268 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
Roundtree Realty LLC
(747) 252-3955
Listed By:
Aharon Cowen · License #RES.0832571
(747) 252-3955
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 1:05PM
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.
Located at 49 Carmel Street in New Haven, this 1920 duplex offers two units available to move in. Each unit features hardwood floors, an updated kitchen and bath, a private backyard, off-street parking, and upgraded mechanicals. The property combines a two-unit configuration with practical interior and exterior improvements.
The duplex is situated in the Beaver Hills/Dixwell neighborhood, minutes from Yale, Southern Connecticut State University, Downtown New Haven, Westville, and local dining and shopping. The property has a Walk Score of 79, a Bike Score of 97, and a Transit Score of 60.
The duplex is situated in the Beaver Hills/Dixwell neighborhood, minutes from Yale, Southern Connecticut State University, Downtown New Haven, Westville, and local dining and shopping. The property has a Walk Score of 79, a Bike Score of 97, and a Transit Score of 60.
Key Highlights
- Two‑unit duplex built in 1920
- Both units available to move in
- Hardwood floors, updated kitchens and baths in each unit
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 | $58.5k | $25.80 |
| − Vacancy | −$4.0k | −$1.75 |
| EGI | $54.5k | $24.05 |
| − OpEx | −$16.4k | −$7.21 |
| NOI | $38.2k | $16.83 |
2,268 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$545.4K
$477.2K – $636.3K
NOI $38,175 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$507.5K
$444.0K – $592.1K
NOI $35,523 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$729.6K
$638.4K – $851.2K
NOI $51,069 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both units feature hardwood floors, updated kitchens and baths, private backyards, off-street parking, and upgraded mechanicals.
Where is this duplex located?
The property is located at 49 Carmel St New Haven, CT.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; Both units available to move in; Hardwood floors, updated kitchens and baths in each unit
