Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    298 Fry St New Haven, CT 06513-3703

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    298 Fry St New Haven, CT 06513-3703

    View on Map
    • Apartment buildings
    • 7,616 SF
    • 0.12 lot acres
    Off-Market
    Property ID
    US15-0137492
    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

    • Apartment buildings

    Property Details for 298 Fry St

    Year built
    1900
    Lot size
    0.12 lot acres
    Property size
    7,616 SF
    Zone code
    RM2
    Property type
    Apartment buildings
    APN
    NHVN M:166 B:0741 L:00600
    APU
    NHVNM166B0741L00600

    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
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8955
    Latitude
    41.3079
    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
    $14,618
    $42,140
    $337,540
    $379,680
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,269 SF

      167 Chapel St

      Multifamily properties • 4,269 SF
      167 Chapel St, New Haven, CT 06513
      View Details
    • Value Estimation by Request
      4,201 SF

      106 Fulton St

      APARTMENT HOUSE (5+ UNITS) • 4,201 SF
      106 Fulton St, New Haven, CT 06513-4580
      View Details
    • Value Estimation by Request
      3,250 SF

      220 Gln Hvn Rd

      APARTMENT HOUSE (5+ UNITS) • 3,250 SF
      220 Gln Hvn Rd, New Haven, CT 06513-1111
      View Details
    • Value Estimation
      $2,075,000
      16,611 SF

      456 Lombard St

      APARTMENT HOUSE (5+ UNITS) • 16,611 SF
      456 Lombard St, New Haven, CT 06513-2939
      View Details
    • Value Estimation by Request
      5,254 SF

      44 Oxford St

      APARTMENT HOUSE (5+ UNITS) • 5,254 SF
      44 Oxford St, New Haven, CT 06513-4066
      View Details
    • Value Estimation by Request
      4,932 SF

      68 Pierpont St

      APARTMENT HOUSE (5+ UNITS) • 4,932 SF
      68 Pierpont St, New Haven, CT 06513-3956
      View Details

    Similar Nearby for Sale

    • $800,000

      New Haven Five-Family Investment Property

      Five-unit property near Downtown New Haven and Yale University.
      54 Judith Ter, New Haven, CT 06513
      View Details
    • Contact for pricing

      Updated Apartment in Fair Haven

      Recently updated 3-bedroom apartment, convenient location.
      199 English St, New Haven, CT 06513
      View Details
    • $975,000
      5,600 SF

      Stabilized Multifamily Investment Property

      Fully occupied 5-unit multifamily in New Haven with strong income.
      83 James St, New Haven, CT 06513
      View Details
    • $2,575,000
      10,394 SF

      Updated Multifamily Portfolio in New Haven

      Well-maintained, fully rented 13-unit portfolio in Fair Haven Heights.
      83 E Grand Ave, New Haven, CT 06513
      View Details
    • $2,575,000
      10,394 SF

      Updated Multifamily Portfolio in New Haven

      Well-maintained, fully rented 13-unit multifamily portfolio in New Haven.
      83 E Grand Ave, New Haven, CT 06513
      View Details

    Similar Nearby for Lease

    • $2,440 /Mo

      New Construction Multifamily Residential Building

      New construction building with multiple units available for rent.
      12 Ferry St, New Haven, CT 06513
      View Details
    • Contact for pricing
      2,863 SF

      Fair Haven Apartment Available Now

      Two-bedroom apartment in desirable New Haven neighborhood, available immediately.
      39 Houston St, New Haven, CT 06513
      View Details
    • $2,440 /Mo
      7,000 SF

      New Construction Multifamily in New Haven

      New construction multifamily building with multiple units available for rent.
      12 Ferry St, New Haven, CT 06513
      View Details
    • $2,440 /Mo
      7,000 SF

      New Construction Apartment Building

      New 7-unit apartment building available for rent in 2026.
      12 Ferry St, New Haven, CT 06513
      View Details
    • $2,850 /Mo

      Historic Three-Bedroom Rental Available

      First-floor unit with renovated kitchen, river views, and parking.
      37 E Pearl St, New Haven, CT 06513
      View Details
    • $2,600 /Mo

      Remodeled Five-Bedroom Unit in New Haven

      Completely remodeled five-bedroom, two-bathroom unit with modern amenities and parking.
      302 Exchange St, New Haven, CT 06513
      View Details

    Property Visit Statistics

    • Visits by month
      12.5k
    • Visitors by month
      6.9k
    • Avg Time on site
      16 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.
    298 Fry St
    New Haven, CT 06513-3703
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!