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$62,215

NOI

1.65

DSCR

10%

Cap

28%

ROI
NOI
$62,215
DSCR
1.65
Cap
10%
ROI
28%
$629,000
Well Maintained Dwight 3 Family

225 Winthrop Avenue, New Haven, CT

3 Family . $209,667/unit

$629,000

Connor Wenchell

VC Property Group

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Est. $4,067 /mo

Get Pre-Approved
Description Income Loan Terms

$26,335

NOI

0.7

DSCR

4%

Cap

-7%

ROI
% Proforma : % Proforma
56%
 Parking
On Street
Property Type Type
3 Family
 Heating
Natural Gas
Buildings
1
 Hot Water
Natural Gas
Parcel(s)
1
 Sewer
Public
Year Built
1918
 Water
Public
Occupancy Occ.
100%
 Trash
City Pick-up
Sqft
3886 sqft
 Utility Split
Tenant Paid
Lot Size
5663 acres
 Sprinklers
No
Highlights
  • All 3 bedroom units
  • Spacious yard

A well maintained 3 family investment with all 3 bedroom units in the Dwight neighborhood of New Haven! Very close to Yale University, Yale Hospital, and the downtown shops and restaurants. The rental premiums in the area amount to nearly double the current rents in place. Pursue a lease up strategy and achieve over a 15% percent return on investment. Three families in this neighborhood do not last long on the market so inquire today!

Product Description

A well maintained 3 family investment with all 3 bedroom units in the Dwight neighborhood of New Haven! Very close to Yale University, Yale Hospital, and the downtown shops and restaurants. The rental premiums in the area amount to nearly double the current rents in place. Pursue a lease up strategy and achieve over a 15% percent return on investment. Three families in this neighborhood do not last long on the market so inquire today!
Property Snapshot
56% Proforma
Property Type
3 Family
Building(s)
1
Sqft
3886 sqft
Parcel(s)
1
Lot Size
5663 acres
Year Built
1918
Property Description

A well maintained 3 family investment with all 3 bedroom units in the Dwight neighborhood of New Haven! Very close to Yale University, Yale Hospital, and the downtown shops and restaurants. The rental premiums in the area amount to nearly double the current rents in place. Pursue a lease up strategy and achieve over a 15% percent return on investment. Three families in this neighborhood do not last long on the market so inquire today!

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Public
Sewer
Public
Trash
City Pick-up
Electric
500
Site Amenities
Parking
On Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
3 Bed, 1 Bath
$1,280
3 Bed, 1 Bath
$1,280
3 Bed, 1 Bath
$1,200
Monthly
$3,760
$6,750
Annual
$45,120
$81,000
Operating Expenses
Annualized
Property Taxes
$8,441
Insurance
$2,700
HOA
$0
Electric
$500
Heating
$0
Water / Sewer
$0
Trash
$0
Vacancy
$2,430
Maintenance
$2,357
Management
$2,357
Others
$0
Total Expenses
$18,785
$18,785
Loan Terms
Scenario Builder
Sale Price
$629,000
Loan Term
30
Rate
7%
LTV
75%
P&I
$3,139
$3,139
Request loan quote from VC Property Group.
Connor Wenchell
Connor Wenchell
VC Property Group

Connor Wenchell


VC Property Group

Email
Call