Duplex Home with River View
7 Downing Street New Haven, CT 06513
7 Downing Street, New Haven, CT, 06513
$465,000
For Sale
$465,000
Duplex-style residential income property with spacious, light-filled living areas, a kitchen, and a back yard with river views.
Property Size2,160 SF
Price / SF$215.28
Days on Market80
Property Features for 7 Downing Street
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1860
Listing agency
CLMA Realty
(860) 995-5109
Listed by
Kimberly Tucker
(860) 995-5109
Source
Lockandkeyre
Added: May 4 Updated: Jul 21 at 8:11AM Checked: Jul 22 at 4:58AM
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 CLMA Realty
Investment Insights
Based on property information with market context.
This duplex-style residential income property at 7 Downing Street offers classic New England character with modern convenience. Inside, the home features spacious living areas and abundant natural light, along with a kitchen designed for everyday use and entertaining. The back yard includes a view of the river, adding an outdoor element to the home’s setting.
The property is located in New Haven, just minutes from Yale, nearby parks, and downtown destinations.
Overall, it presents a residential-income configuration with interior living space and an outdoor river-view yard.
The property is located in New Haven, just minutes from Yale, nearby parks, and downtown destinations.
Overall, it presents a residential-income configuration with interior living space and an outdoor river-view yard.
Key Highlights
- Year built: 1860
- Duplex‑style residential income property
- Spacious, light‑filled living areas throughout
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 | $55.7k | $25.80 |
| − Vacancy | −$3.8k | −$1.75 |
| EGI | $51.9k | $24.05 |
| − OpEx | −$15.6k | −$7.21 |
| NOI | $36.4k | $16.83 |
2,160 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$519.4K
$454.5K – $606.0K
NOI $36,357 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$694.8K
$608.0K – $810.6K
NOI $48,637 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex-style residential income property with spacious, light-filled living areas, a kitchen, and a back yard with river views.
Where is this duplex located?
The property is located at 7 Downing Street New Haven, CT.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Year built: 1860; Duplex‑style residential income property; Spacious, light‑filled living areas throughout
