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Financial
Distress signals
Property profile

123 Carmel St New Haven, CT 06511

FOR SALE
Showrooms
Property ID
US15-0549876
5,313 SF 0.09 ac lot Built 1920
Last sale Jan 2025 · $330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
123 Carmel St, New Haven, CT 06511 For Sale
Contact for pricing 5,313 SF
123 Carmel St, New Haven, CT 06511
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Property summary

AI-generated overview

A multifamily residential property in New Haven with a total size of 5,313 square feet. The building is currently configured as a 4-family residence and is located within minutes of Downtown New Haven and Yale University, with access to public transportation and major highways. Approved plans and permits have been secured for conversion to a 5-unit residential building, including approvals from zoning, building, and fire departments. The proposed unit mix includes 1-bedroom, 3-bedroom, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$285k
Assessed land$46k
Assessed improvement$239k
Effective rate3.85%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$330k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
ZIP average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$71 – $186
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RM2
These districts exist for the protection of areas that have been and are being developed predominantly for high-middle density dwellings ...
General categoryRESIDENTIAL
JurisdictionNEW HAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop12.3
Bakery11.6
Acupuncture10.6

Location

123 Carmel St New Haven, CT 06511
County assessor Recorded deeds · 4 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
209 Shelton, New Haven, CT 06511-1850 $30,000 Mar 2025 5,564 SF
1187 Chapel, New Haven, CT 06511-4701 $56,428 Oct 2024 4,997 SF
3 Long Wharf, New Haven, CT 06511-5900 $15,000,000 Sep 2024 5,197 SF
108 Greenwood, New Haven, CT 06511-5328 $580,000 Aug 2024 5,448 SF
400 Orange, New Haven, CT 06511-6405 $1,120,000 Jul 2024 4,775 SF
116 Sherman, New Haven, CT 06511-5204 $650,000 Jun 2024 6,461 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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