687-689 Winchester Avenue New Haven, CT 06511
Multifamily property near Yale with cashflow potential.
- Added:
- May 26, 2026
- Days on Market:
- 50
- Last Refresh:
- May 27 at 8:04 am
Property Features for 687-689 Winchester Avenue
General Information
- Standard status
- Active
- Size
- 2,432 SF
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1920
Listing office Robert C White & Company LLC (413) 231-6393
Listing date May 26, 2026
Source Compass
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 Robert C White & Company LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey multi‑family property ideal for investors or owner‑occupants.
- Prime location minutes from Yale and Science Park.
- Two spacious units, each with 4 bedrooms and 2 full bathrooms.
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 | $62.7k | $25.80 |
| − Vacancy | −$4.3k | −$1.75 |
| EGI | $58.5k | $24.05 |
| − OpEx | −$17.5k | −$7.21 |
| NOI | $40.9k | $16.83 |