126 Cedar Hill Avenue

New Haven, CT 06511

$373,000
Price
7
Beds
3
Baths
2,989 Sq. Ft.
$125 / Sq. Ft.
2,989
Sq. Ft.
$125
per Sq. Ft.

Description

An amazing 7+% CAP opportunity near the East Rock neighborhood of New Haven. This is asset is perfect for an owner occupied buyer or investor. This location is home to Erector Square, East Rock Park, and famous restaurants like Modern Apizza! This 3 unit asset is 2989 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom rented for $1100 and is M2M. Unit 2 has 2 bedrooms/1 bathroom and is rented for $1050 to a 7-year long-term tenant with lease expiration of...An amazing 7+% CAP opportunity near the East Rock neighborhood of New Haven. This is asset is perfect for an owner occupied buyer or investor. This location is home to Erector Square, East Rock Park, and famous restaurants like Modern Apizza! This 3 unit asset is 2989 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 2 bedrooms/1 bathroom rented for $1100 and is M2M. Unit 2 has 2 bedrooms/1 bathroom and is rented for $1050 to a 7-year long-term tenant with lease expiration of 4/30/24. Unit 3 has 3 bedrooms/1 bathroom and is ready for occupancy. The asset features off street parking. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860) 215-3634 C: (860) 215-3634 mulveylisa@gmail.com
  2. Listed by Maddy Ceruti • Berkshire Hathaway NE Prop.
    P: (860) 633-3674 C: (860) 578-8648 MaddyCeruti@bhhsne.com

Property Details for 126 Cedar Hill Avenue

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Maddy Ceruti
Add your commute
LISTING UPDATED: 04/26/2024 12:58 PM

Property Details for 126 Cedar Hill Avenue

StatusUnder Contract - Continue To Show
MLS #170576034
Days on Market322
Taxes$6,125 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1920
Lot Size0.10 AC / 4,356 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Maddy Ceruti
Add your commute

Building Information for 126 Cedar Hill Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$2,546 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,036

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 126 Cedar Hill Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.319798
  • Longitude: -72.900523
  • Neighborhood Amenities: Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,125
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Porch, Deck, Gutters, Garden Area, Lighting
Interior Features
  • Attic Description: Walk-up
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Rooms Total: 16
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Shingle
  • Foundation Type: Concrete
  • Gross SQFT Per Public Records: 4804
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1920
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1243874
  • Sq Ft Est Heated Above Grade: 2989.0
  • Sq Ft Total: 2989.0
  • Zoning: RM1
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected, Public Sewer In Street
  • Water Source: Public Water Connected, Public Water In Street
Multi Family
Income and Expenses
  • Gross Annual Expense: 12206
  • Gross Annual Income: 42600
  • Net Operating Income: $28,265
  • Total Number of Units: 3
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 3
Unit 1
  • Listing Key: FDB89D49C05DDA02E053D501100A225B
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1128
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,050
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: FDB89D49C05DDA02E053D501100A225B
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1128
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
  • Unit Occupied By: Vacant
Unit 3
  • Listing Key: FDB89D49C05DDA02E053D501100A225B
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1128
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 126 Cedar Hill Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 126 Cedar Hill Avenue

Taxable ValueLand$26,880Additions$137,760Total$164,640
Tax Record2023$6,125 ($510 / month)
Home Facts
Baths3Total Finished SqFt2,989 SqFtAbove Grade Finished SqFt2,989 SqFtStories3Lot Size4,356 SqFtStyleTriplexYear Built1920ZoningRM1CountyNEW HAVENAPNNHVN M:170 B:0473 L:03000

Schools near 126 Cedar Hill Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
East Rock Community Magnet School
PublicPK to 8

Wilbur Cross High School
Public9 to 12

Clinton Avenue School
PublicK to 8

Columbus Family Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Maddy Ceruti

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.