Property profile

220 Sherman Ave New Haven, CT 06518

OFF-MARKET
Residential income homes
Property ID
US15-1269932
3,634 SF 0.17 ac lot Built 1900
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1900
Total area 3,634 SF
Lot 0.17 ac (7,405 SF)
Zoning code RM2
APN NHVN M:337 B:0262 L:01700
UPID US15-1269932

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

220 Sherman Ave New Haven, CT 06518-2124
New Haven metro Census 166002 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2017
$205,000
2016
Price N/A
2016
$160,000
2006
Price N/A
2006
Price N/A
2000
$165,000

Zoning & alternative use

RM2 · New Haven, CT
Zoning description

These districts exist for the protection of areas that have been and are being developed predominantly for high-middle density dwellings of various types

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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