96 Shelton Avenue

New Haven, CT 06511

$639,900
Price
15
Beds
5
Baths
5,533 Sq. Ft.
$116 / Sq. Ft.
5,533
Sq. Ft.
$116
per Sq. Ft.

Description

5 Family investment opportunity in New Haven! Fully rented and ready for you to step right in at a current 5.6% cap rate with a pro forma of 14.8% after stabilization! This unique home is in close proximity to Southern Connecticut State University, Beaver pond and Bowen field! Each unit features 3 beds and 1 bath.5 Family investment opportunity in New Haven! Fully rented and ready for you to step right in at a current 5.6% cap rate with a pro forma of 14.8% after stabilization! This unique home is in close proximity to Southern Connecticut State University, Beaver pond and Bowen field! Each unit features 3 beds and 1 bath.
  1. Listed by Matthew Salvatore • Alpha Capital Realty, LLC
    P: (203) 808-5239 C: (203) 808-5239 mattsalrealty1210@gmail.com

Property Details for 96 Shelton Avenue

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Alpha Capital Realty, LLC, Matthew Salvatore
Add your commute
LISTING UPDATED: 03/18/2024 10:30 PM

Property Details for 96 Shelton Avenue

StatusActive
MLS #170615000
Days on Market104
Taxes$10,968 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1903
Lot Size0.18 AC / 7,840 SF
CountyNew Haven County

Location

Listing Courtesy of Alpha Capital Realty, LLC, Matthew Salvatore
Add your commute

Building Information for 96 Shelton Avenue

Stories-Residences5Year Built1903Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$4,406 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,492

Property Taxes

$914

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 96 Shelton Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Off Munson St. to Shelton Ave.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.325229
  • Longitude: -72.934119
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $10,968
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Rooms Total: 25
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • Gross SQFT Per Public Records: 8801
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1903
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1253029
  • Sq Ft Est Heated Above Grade: 5533.0
  • Sq Ft Total: 5533.0
  • Zoning: RM2
Utilities
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 25605
  • Gross Annual Income: 66170
  • Net Operating Income: $40,565
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 5
Unit 1
  • Lease: Leased
  • Lease Expires: 03-01-2024
  • Listing Key: 0CC9178412B06B03E063D501100AF32C
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 03-18-2024
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: 0CC9178412B06B03E063D501100AF32C
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 03-18-2024
  • Unit Monthly Rent: $1,350
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Lease Expires: 05-01-2024
  • Listing Key: 0CC9178412B06B03E063D501100AF32C
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 03-18-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Lease Expires: 10-31-2024
  • Listing Key: 0CC9178412B06B03E063D501100AF32C
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 03-18-2024
  • Unit Monthly Rent: $1,130
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 07-01-2024
  • Listing Key: 0CC9178412B06B03E063D501100AF32C
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 03-18-2024
  • Unit Monthly Rent: $1,375
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 96 Shelton 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 96 Shelton Avenue

Taxable ValueLand$34,440Additions$260,400Total$294,840
Tax Record2023$10,968 ($914 / month)
Home Facts
Baths5Total Finished SqFt5,533 SqFtAbove Grade Finished SqFt5,533 SqFtStories3Lot Size7,802 SqFtStyleMulti-Family Res (5+ Units)Year Built1903ZoningRM2CountyNEW HAVENAPNNHVN M:292 B:0409 L:02000

Schools near 96 Shelton Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Lincoln-Bassett School
PublicPK to 6

Wexler/Grant Community School
PublicK to 8

James Hillhouse High School
Public9 to 12

Polly T. Mccabe Center
Public8 to 12

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

96 Shelton Avenue is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on December 18, 2023 by Alpha Capital Realty, LLC, it's currently listed at $639,900. It has been on the market for a total of 104 days and was last sold on December 11, 2018. This listing's school district is New Haven School District. Nearby schools include Lincoln-Bassett School, Wexler/Grant Community School and James Hillhouse High School. 96 Shelton Avenue is a 15-bed, 5-bath, 5,533 sqft multi-family home built in 1903.

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 Alpha Capital Realty, LLC, Matthew Salvatore

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.