Renovated Duplex with In-Unit
New
For Sale
$599,900
50-52 Orlando St, West Haven, CT 06516
Both residences feature quartz-counter kitchens, custom-tile bathrooms, hardwood flooring, and laundry connections.
Property Size3,312 SF
Days on Market2
Property Features for 50-52 Orlando St
General Information
Standard status
Active
Size
3,312 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Amenities
in-unit laundry connections
Building Details
Building Size
3,312 SF
Year Built
1920
Listing Agency:
Coldwell Banker Realty
Listed By:
Michael Sirochman · License #RES.0773414
(203) 545-6585
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:07PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two renovated residences, each with a white shaker kitchen finished with quartz countertops, a custom-tile bathroom, hardwood flooring, and in-unit laundry connections. The property was built in 1920.
The building is at 50-52 Orlando St in West Haven, minutes from the University of New Haven. Shopping, restaurants, public transportation, and major commuter routes are also nearby. The reported walk and bike scores are both 66, while the transit score is 55.
The building is at 50-52 Orlando St in West Haven, minutes from the University of New Haven. Shopping, restaurants, public transportation, and major commuter routes are also nearby. The reported walk and bike scores are both 66, while the transit score is 55.
Key Highlights
- Two residential units, each with a white shaker kitchen and quartz countertops
- Custom‑tile bathroom and hardwood flooring in both residences
- In‑unit laundry connections in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,875
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,500
$1.0M
Cap Rate 7%
$741,071
$741.1K
Cap Rate 9%
$576,389
$576.4K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$100.6K $30.36/SF
− Vacancy
−$6.2K −$1.88/SF
EGI
$94.3K $28.48/SF
− OpEx
−$42.4K −$12.81/SF
NOI
$51.9K $15.66/SF
Area
New Haven, CT
Vacancy
6.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,037,500
Cap Rate 7%
$741,071
Cap Rate 9%
$576,389
Alternative Uses
Best Use
Multifamily LT 5
$796.4K
$696.8K – $929.1K
NOI $55,747 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$741.1K
$648.4K – $864.6K
NOI $51,875 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$1.07M
$932.2K – $1.24M
NOI $74,577 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature quartz-counter kitchens, custom-tile bathrooms, hardwood flooring, and laundry connections.
Where is this duplex located?
The property is located at 50-52 Orlando St West Haven, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two residential units, each with a white shaker kitchen and quartz countertops; Custom‑tile bathroom and hardwood flooring in both residences; In‑unit laundry connections in each unit
