Two-Unit Multifamily
84 Sylvan Avenue New Haven, CT 06519
84 Sylvan Avenue, New Haven, CT, 06519
$319,900
For Sale
$319,900
Two 2-bedroom, 1-bath units with a full basement and hatchway access, set on a level lot in New Haven.
Property Size1,416 SF
Lot Size0.12 Acres
Price / SF$225.92
Days on Market123
Property Features for 84 Sylvan Avenue
General Information
- Standard status
- Active
- Size
- 1,416 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multi-Family / 2 Family
Building Details
- Year Built
- 1900
Listing agency
Alpha Capital Realty, LLC
(203) 520-5436
Listed by
Jake Smith · License #RES.0832305
(203) 520-5436
Source
Compass
Added: Mar 23 Updated: Jul 23 at 1:31AM Checked: Jul 23 at 1:31AM
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 Alpha Capital Realty, LLC
Investment Insights
Based on property information with market context.
84 Sylvan Avenue is a two-unit multifamily residence offering a functional layout with two separate units, each configured with 2 bedrooms and 1 bathroom. The home includes a full basement with hatchway access, providing convenient space for storage.
The exterior features durable, low-maintenance vinyl siding, and the property sits on a level lot with a flat backyard area.
This is a for-sale investment opportunity in New Haven, positioned near the Yale New Haven Medical Center, local shopping, and major bus lines.
The exterior features durable, low-maintenance vinyl siding, and the property sits on a level lot with a flat backyard area.
This is a for-sale investment opportunity in New Haven, positioned near the Yale New Haven Medical Center, local shopping, and major bus lines.
Key Highlights
- Two‑unit multi‑family at 84 Sylvan Avenue, with each unit featuring 2 bedrooms and 1 bathroom
- 1,416 sq ft total living space with 9 rooms and a layout designed for two separate units
- Full basement with hatchway access for convenient storage
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 | $36.5k | $25.80 |
| − Vacancy | −$2.5k | −$1.75 |
| EGI | $34.0k | $24.05 |
| − OpEx | −$10.2k | −$7.21 |
| NOI | $23.8k | $16.83 |
1,416 SF · lease $25.80/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.5K
$297.9K – $397.2K
NOI $23,834 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$316.8K
$277.2K – $369.6K
NOI $22,178 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$455.5K
$398.6K – $531.4K
NOI $31,884 @ 7.0% cap · market cap 9.97%
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 - Two 2-bedroom, 1-bath units with a full basement and hatchway access, set on a level lot in New Haven.
Where is this duplex located?
The property is located at 84 Sylvan Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two‑unit multi‑family at 84 Sylvan Avenue, with each unit featuring 2 bedrooms and 1 bathroom; 1,416 sq ft total living space with 9 rooms and a layout designed for two separate units; Full basement with hatchway access for convenient storage
