262 Highland Street

New Haven, CT 06511

$469,000
Price
6
Beds
3
Baths
3,360 Sq. Ft.
$140 / Sq. Ft.
3,360
Sq. Ft.
$140
per Sq. Ft.

Description

Currently a 7% cap with even more room to grow but bringing rents up to market! Come look at this great opportunity in the Prospect Hill neighborhood close to Albertus Magnus College, various coffee shops,Yale Science Park and many mom & pop restaurants. This 3-unit asset is 3360 SF & has separate and tenant paid utilities. All units are 2 Bed / 1 Bath and have M2M tenants. The asset has off street parking. AGENTS, PLEASE READ AGENT to AGENT REMARKS!Currently a 7% cap with even more room to grow but bringing rents up to market! Come look at this great opportunity in the Prospect Hill neighborhood close to Albertus Magnus College, various coffee shops,Yale Science Park and many mom & pop restaurants. This 3-unit asset is 3360 SF & has separate and tenant paid utilities. All units are 2 Bed / 1 Bath and have M2M tenants. The asset has off street parking. AGENTS, PLEASE READ AGENT to AGENT REMARKS!
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860) 633-3674 C: (860) 215-3634 mulveylisa@gmail.com
  2. Listed by Molly E Bradbury • Berkshire Hathaway NE Prop.
    P: (860) 633-3674 C: (860) 878-8141 molly.lisacozziteam@bhhsne.com

Property Details for 262 Highland Street

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., Molly E Bradbury
Add your commute
LISTING UPDATED: 04/26/2024 01:44 PM

Property Details for 262 Highland Street

StatusActive
MLS #24003074
Days on Market51
Taxes$6,614 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Molly E Bradbury
Add your commute

Building Information for 262 Highland Street

Stories-Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,560

Property Taxes

$551

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 262 Highland Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.32879
  • Longitude: -72.92478
  • 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: $6,614
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Porch, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Rooms Total: 15
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1249509
  • Sq Ft Est Heated Above Grade: 3360.0
  • Sq Ft Total: 3360.0
  • Zoning: RM2
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: 13080
  • Gross Annual Income: 48840
  • Net Operating Income: $33,318
  • Total Number of Units: 3
Unit 1
  • Listing Key: 137719AF7F980EF3E063D501100AE850
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,295
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: 137719AF7F980EF3E063D501100AE850
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: 137719AF7F980EF3E063D501100AE850
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 960
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-26-2024
  • Unit Monthly Rent: $1,375
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 262 Highland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 262 Highland Street

Taxable ValueLand$49,420Additions$128,380Total$177,800
Tax Record2023$6,614 ($551 / month)
Home Facts
Baths3Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories3Lot Size5,227 SqFtStyleTriplexYear Built1900Year Renovated1996ZoningRM2CountyNEW HAVENAPNNHVN M:255 B:0454 L:01100

Schools near 262 Highland Street

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 8 to 12
Public - PK to 6
Public - K to 8
Rating
School
Distance
Polly T. Mccabe Center
Public8 to 12

Lincoln-Bassett School
PublicPK to 6

Worthington Hooker School
PublicK 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.

Similar Homes

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262 Highland Street is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on March 11, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $469,000. It has been on the market for a total of 51 days and was last sold on October 29, 2010. This listing's school district is New Haven School District. Nearby schools include Celentano Biotech Health and Medical Magnet School, Polly T. Mccabe Center and Lincoln-Bassett School. 262 Highland Street is a 6-bed, 3-bath, 3,360 sqft multi-family home built in 1900.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Molly E Bradbury

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.