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    Property profile & analytics

    21 Young St New Haven, CT 06511-2969

    • Residential income homes
    • 2,592 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    Aug 23, 2024
    $490,000
    Location Intelligence
    Property ID
    US15-1063770
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 21 Young St

    Year built
    1900
    Lot size
    0.15 lot acres
    Property size
    2,592 SF
    Zone code
    RM2
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    NHVN M:353 B:1148 L:01600
    APU
    NHVNM353B1148L01600

    Description

    Exceptional investment opportunity in New Haven, Connecticut's desirable Beaver Hills neighborhood, presenting a 2-story, 1-unit multifamily property at 21 Young Street, 06511. This 2,592 square foot building, constructed in 1900, offers a compelling blend of classic charm and modern rental potential. Currently configured as a single-family rental, the property boasts off-street parking. The asking price is $550,000, translating to $212.19 per square foot. The property's location provides easy access to Hamilton Park, the Connecticut Open tournament, and the scenic West River. One unit is currently vacant and ready for immediate occupancy, while others command monthly rents ranging from $940 to $1191, with one lease expiring May 31, 2024. Tenant-paid utilities further enhance the property's financial appeal. This property is ideal for owner-occupants or investors seeking a stable, cash-flowing asset in a vibrant urban setting. The property's strong rental history and convenient location make it a highly attractive investment prospect. This is a rare opportunity to acquire a well-maintained property in a sought-after neighborhood.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $515,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $475,000
      Retail
      $525,000
      Mixed-Use
      $475,000
      Hospitality
      $505,000
      Educational
      $395,000
      Residential Income
      $425,000
      Energy
      $495,000
      Income-Based Land
      $510,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9515
    Latitude
    41.3223
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,015
    $48,720
    $185,430
    $234,150
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $490,000
      4,180 SF

      50 Blake St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,180 SF
      50 Blake St, New Haven, CT 06511-2902
      View Details
    • Value Estimation
      $290,000
      3,584 SF

      51 Rdg St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,584 SF
      51 Rdg St, New Haven, CT 06511-2742
      View Details
    • Value Estimation
      $345,000
      3,229 SF

      218 Sherman Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,229 SF
      218 Sherman Ave, New Haven, CT 06511-4166
      View Details
    • Value Estimation
      $240,000
      3,524 SF

      278 Sherman Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,524 SF
      278 Sherman Ave, New Haven, CT 06511-4384
      View Details
    • Value Estimation
      $315,000
      2,400 SF

      547 Orange St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,400 SF
      547 Orange St, New Haven, CT 06511-3898
      View Details
    • Value Estimation
      $500,000
      3,404 SF

      48 Kensington St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,404 SF
      48 Kensington St, New Haven, CT 06511-5392
      View Details

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    Similar Nearby for Lease

    • $3,500 /Mo

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      Cozy Apartment Near Universities

      Two-bedroom apartment near Southern Connecticut State University and Yale.
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      Well-maintained 3-bedroom apartment near Science Park and universities.
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    • $2,150 /Mo

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      View Details
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    21 Young St
    New Haven, CT 06511-2969
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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