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Sold for $495,000
  • $495,000

    118 Prospect Avenue, West Haven, CT 06516

    5beds
    1,957sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $561,500 Zestimate®
    $253/sqft
    $2,463 Estimated rent

    Home value

    $561,500

    $533,000 - $590,000

    $2,463/mo

    Zestimate® history
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    What's special

    Discover a rare opportunity to own a turnkey multi steps from West Haven's sought after West Shore area. Meticulously maintained property offers the perfect blend of modern upgrades and income-generating potential. Main level completed remodeled, boasting 3 bedrooms, 1 bath. Currently used as short and medium term rental with a proven profitable track record, promises consistent cash flow. Well maintained second floor featuring 2 bedrooms, 1 bath, abundant natural light and seasonal water views, appealing to both tenants and homeowners alike. Each unit equipped with washer and dryer enhancing convenience for tenant and tenant satisfaction. Whether you choose to live in one unit and rent the other or add this property to your investment portfolio the versatility and income potential are unmatched. Ask your realtor for the income and expense sheet to fully appreciate the financial benefits of this investment. Don't miss this opportunity to own a prime property in desirable Westshore area with beach access at the end of your street. Endless possibilities for rental income and/or personal use. First floor furniture can be purchased owner/agent related

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael DeBiase Premium Properties Team,

    Ann Sprague 203-209-2107,

    Keller Williams Realty 203-429-4020

    Bought with:

    Robin DiMeglio

    Century 21 Scala Group

    Source: Smart MLS,MLS#: 24031986MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas In Street
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Water Heater
    • Laundry: In Unit
    Features
    • Basement: Full
    • Attic: None
    Interior area
    • Total structure area: 1,957
    • Total interior livable area: 1,957 sqft
    • Finished area above ground: 1,957

    Property

    Parking
    • Parking features: None
    Features
    • Waterfront features: Walk to Water, Beach Access, Seasonal
    Lot
    • Size: 3,049 Square Feet
    Details
    • Parcel number: 1419710
    • Zoning: r2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Near Public Transport, Medical Facilities, Park, Playground
    • Subdivision: West Shore
    HOA
    • Has HOA: No
    Location
    • Region: West Haven

    Financial & listing details

    • Price per square foot: $253/sqft
    • Tax assessed value: $167,580
    • Annual tax amount: $7,853
    • Date on market: 7/13/2024

    Price history

    DateEventPrice
    9/20/2024Sold$495,000-1%$253/sqft
    Source: Smart MLS #24031986 Report a problem
    8/14/2024Pending sale$500,000$255/sqft
    Source: Smart MLS #24031986 Report a problem
    7/13/2024Listed for sale$500,000+88.7%$255/sqft
    Source: Smart MLS #24031986 Report a problem
    10/31/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/30/2021Listed for rent$1,750+16.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    12/28/2018Listing removed$1,500$1/sqft
    Source: Owner Report a problem
    11/29/2018Listed for rent$1,500$1/sqft
    Source: Owner Report a problem
    8/27/2018Sold$265,000$135/sqft
    Source: Smart MLS #170095284 Report a problem
    6/14/2018Listed for sale$265,000-8.3%$135/sqft
    Source: William Raveis Real Estate #170095284 Report a problem
    6/3/2005Sold$289,000+23%$148/sqft
    Source: Smart MLS #N223972 Report a problem
    8/16/2004Sold$235,000$120/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,363 +32%$315,280 +88.1%
    2024$7,853 +3.9%$167,580
    2023$7,558 +1.8%$167,580
    2022$7,422 $167,580
    2021$7,422 +9.2%$167,580 +19.8%
    2020$6,798 +3.3%$139,860
    2019$6,582 +1.4%$139,860
    2018$6,488 +2.8%$139,860
    2017$6,313 +1.1%$139,860
    2016$6,243 -1.8%$139,860 -12.3%
    2015$6,359 $159,460
    2014$6,359 $159,460
    2013$6,359 $159,460
    2012$6,359 $159,460
    2011$6,359 +2.3%$159,460 -7.8%
    2010$6,214 $173,040
    2009$6,214 +6.1%$173,040
    2008$5,857 -0.3%$173,040
    2007$5,876 +44.4%$173,040 +114.8%
    2005$4,068 +14.1%$80,570
    2003$3,564 +7.7%$80,570
    2001$3,310 $80,570
    Find assessor info on the county website

    Neighborhood: 06516

    Nearby schools

    GreatSchools rating
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