Off market

Street View

Zestimate^®

$499,800

16 Read St, New Haven, CT 06511

8beds

4,686sqft

MultiFamily

Built in 1900

-- sqft lot

$499,800 Zestimate^®

$107/sqft

$2,302 Estimated rent

Home value

$499,800

$455,000 - $545,000

$2,302/mo

Zestimate^® history

Owner options

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$2,302/mo

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$2,302/mo

Rent Zestimate^®

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$3,622/mo

Est. payment

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$3,622/mo

Est. payment

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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 not currently displayed as for sale or rent on Zillow. This may be different from what's 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 Square Feet
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 & HOA

Location

Region: New Haven

Financial & listing details

Price per square foot: $107/sqft
Tax assessed value: $164,990
Annual tax amount: $6,501
Total actual rent: 275000

Price history

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

Public tax history

Year	Property taxes	Tax 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