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Off market
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    • $510,300

    16 Read St, New Haven, CT 06511

    8beds
    4,686sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $510,300 Zestimate®
    $109/sqft
    $2,413 Estimated rent

    Home value

    $510,300

    $464,000 - $556,000

    $2,413/mo

    Zestimate® history
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    $2,413/mo

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    Rent Zestimate®

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    $3,613/mo

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    $3,613/mo

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    What's special

    Well Maintained with Stable, Long Term Tenants. Great Cash Flow with Lots of Upside Rent Potential. 100% occupied. All separately metered. Updated Kitchens and Bathrooms. 1 New Service Panel. Newer Windows. Please See Attachments for Financial Analysis. Prequal Letter required prior to Showing. Do not walk the property or knock on tenants' door. This property is part of a 21 Unit Portfolio (MLS# 170193869) and can be purchased separately, or combined as a smaller package of properties within .5 mile radius (MLS# 170193932).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 4,686 sqft
    • Finished area below ground: 1693

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco, Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 4,791 sqft
    • Features: Level
    Details
    • Parcel number: NHVNM253B0507L01800
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: New Haven

    HOA & financial

    Other financial information
    • Total actual rent: 275000

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Forced Air, Natural Gas
    • Roof: Asphalt
    • Basement: Unfinished, Full
    • AssociationYN: 0
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • ConstructionMaterials: Frame, Stucco, Vinyl Siding
    • LandLeaseAmountFrequency: Monthly
    • NumberOfUnitsInCommunity: 2
    • LotFeatures: Level
    • Zoning: RM1
    • ParkingFeatures: Driveway
    • BelowGradeFinishedArea: 1693
    • GrossIncome: 26220
    • YearBuiltSource: Public Records
    • FoundationDetails: Concrete
    • WaterSource: Public Water Connected
    • TotalActualRent: 275000.00
    • WaterfrontFeatures: Not Applicable
    • ArchitecturalStyle: Units on different Floors
    • NetOperatingIncome: 17139
    • OperatingExpense: 9081
    • MlsStatus: Active

    Price history

    DateEventPrice
    11/8/2021Sold$275,000$59/sqft
    Source: Smart MLS #170426594 Report a problem
    9/28/2021Contingent$275,000$59/sqft
    Source: Smart MLS #170426594 Report a problem
    9/25/2021Price change$275,000-11.3%$59/sqft
    Source: Smart MLS #170426594 Report a problem
    8/5/2021Listed for sale$310,000+12.7%$66/sqft
    Source: Smart MLS #170426594 Report a problem
    11/1/2019Listing removed$275,000$59/sqft
    Source: Broder Commercial, LLC #170212042 Report a problem
    7/2/2019Listed for sale$275,000+733.3%$59/sqft
    Source: Broder Commercial, LLC #170212042 Report a problem
    4/7/1995Sold$33,000$7/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,501 +2.3%$164,990
    2024$6,352 +3.5%$164,990
    2023$6,138 -6.4%$164,990
    2022$6,558 +56.4%$164,990 +72.7%
    2021$4,193 $95,550
    2020$4,193 +2.1%$95,550
    2019$4,107 $95,550
    2018$4,107 +11.1%$95,550
    2017$3,696 +26.6%$95,550 +36%
    2016$2,920 $70,280
    2015$2,920 $70,280
    2014$2,920 +1.8%$70,280
    2013$2,867 +4.9%$70,280
    2012$2,732 -56.1%$70,280 -50.4%
    2011$6,220 $141,680
    2010$6,220 +4%$141,680
    2009$5,980 +65.1%$141,680 +65.1%
    2007$3,621 +12.4%$85,792 +19.5%
    2006$3,221 +13.5%$71,820
    2004$2,839 +2.6%$71,820
    2003$2,767 +2.9%$71,820 -6.6%
    2000$2,688 $76,900

    Find assessor info on the county website

    Neighborhood: Newhallville

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