Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2440 Dixwell Ave Hamden, CT 06514-1810
    Back to Search
    Property profile & analytics

    2440 Dixwell Ave, Hamden, CT 06514-1810

    View on Map
    • Gas stations
    • 1,764 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Jan 6, 2025
    $500,000
    Property ID
    US15-1100865
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sunoco Gas Station / Gas Station
    • ATM Coiners Bitcoin ATM / Atm
    • RockItCoin Bitcoin ATM / Crypto Atm

    Property Details for 2440 Dixwell Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.27 lot acres
    Zone code
    T5
    Property type
    Gas stations
    APN
    HAMD M:2628 B:098 L:00-0000
    APU
    HAMDM2628B098L000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 6, 2025 $500,000 Teddys Stores LLC 2440 Dixwell Ave LLC Warranty Deed $2.5M · Abid LLC
    Jul 3, 2006 $450,000 2440 Dixwell Avenue Nicholas Longo Warranty Deed $360k · Wachovia Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9156
    Latitude
    41.377
    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
    2023
    $28,364
    $419,440
    $83,650
    $503,090
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,410 SF

      1290 Dixwell Ave

      GAS STATION
      1290 Dixwell Ave, Hamden, CT 06514-4119
      View Details
    • Value Estimation by Request
      1,624 SF

      1620 Dixwell Ave

      GAS STATION
      1620 Dixwell Ave, Hamden, CT 06514
      View Details
    • Value Estimation
      $635,000
      1,737 SF

      144 Arch St

      GAS STATION
      144 Arch St, Hamden, CT 06514-5025
      View Details
    • Value Estimation
      $585,000
      2,940 SF

      1795 Dixwell Ave

      GAS STATION
      1795 Dixwell Ave, Hamden, CT 06514-3143
      View Details
    • Value Estimation by Request
      2,047 SF

      30 Wheeler St

      AUTO REPAIR, GARAGE
      30 Wheeler St, Hamden, CT 06514-2518
      View Details
    • Value Estimation by Request
      2,880 SF

      10 Crestway

      AUTO REPAIR, GARAGE
      10 Crestway, Hamden, CT 06514-1141
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Dixwell Avenue Commercial Assemblage Opportunity

      2.08-acre commercial assemblage with redevelopment potential in Hamden, Connecticut.
      1635 Dixwell Ave, Hamden, CT 06514
      View Details
    • Contact for pricing
      10,987 SF

      Retail Space on Dixwell Avenue

      1,100 SF retail space for lease on Dixwell Avenue.
      1700 Dixwell Ave, Hamden, CT 06514
      View Details
    • $589,000
      3,096 SF

      Mixed-Use Investment Opportunity with Parking

      3-family mixed-use property with commercial space and ample parking.
      1428 Dixwell Ave, Hamden, CT 06514
      View Details
    • $449,900
      2,664 SF

      Mixed-Use Property with Apartments

      Mixed-use property featuring retail/office space, apartments, and parking.
      1422 Dixwell Ave, Hamden, CT 06514
      View Details
    • Contact for pricing
      10,332 SF

      Hamden Multifamily Investment Opportunity

      Turnkey multifamily property in Hamden, Connecticut, for sale.
      102-110 Cherry Ann St, Hamden, CT 06514
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      6,400 SF

      Professional Office Space Available

      Suburban office space suitable for financial institutions, available 2026.
      105 Sanford St, Hamden, CT 06514
      View Details
    • $3,000 /Mo
      2,300 SF

      Dixwell Avenue Restaurant Opportunity

      Restaurant space for lease on Dixwell Avenue in Hamden.
      1012 Dixwell Ave, Hamden, CT 06514
      View Details
    • Contact for pricing

      Retail Center with National Brands

      Retail center anchored by national and local brand tenants.
      1245 Dixwell Ave, Hamden, CT 06514
      View Details
    • Contact for pricing

      Dixwell Avenue Retail/Office/Medical Space

      Retail, office, or medical space with great signage and visibility.
      2165 Dixwell Ave, Hamden, CT 06514
      View Details
    • $25 SF/Yr
      3,000 SF

      Prime Retail Space in Hamden

      Retail space for lease on a busy commercial corridor.
      2415 Dixwell Ave, Hamden, CT 06514
      View Details

    Property Visit Statistics

    • Visits by month
      1.0k
    • Visitors by month
      1.2k
    • Avg Time on site
      12 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2440 Dixwell Ave
    Hamden, CT 06514-1810
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2440 Dixwell Ave, Hamden, CT, 06514
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!