Here's your chance to own a piece of New Haven history. This charming 1870 multifamily, located in the heart of New Haven's historic Wooster Square district has been beautifully maintained with some notable upgrades. This property offers a spacious layout with a one bedroom apt on the first floor with a large eat-in kitchen, intricately crafted hard wood floors showcasing detailed geometric patterns and inlaid designs, tall ceilings with oil portraits from the turn of the 20th century, a large bedroom, dining room, and living room. The second unit features 2 floors with a kitchen, a full bath, dining room, and living room with a walk porch on the second floor and 2 bedrooms and another full bath on the third floor. The house features newer vinyl windows, new gas furnaces (2021) for both apartments featuring tankless hot water, a driveway, and a separate studio space in the back of the house.
Property Details
Property Features
Property Information:
Year Built: 1870
Living Area: 2,372 SqFt
Listing Office:
Office Name: Seabury Hill REALTORS
Office Phone: (203) 562-1220
Listing Agent: Carlos Wells
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Historic
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Gas, Radiant
Cooling: Window Unit(s)
Other
Directions Information:
Directions: from downtown take Chapel St towards Wooster Square, take your first left on to Olive St after crossing the railroad tracks. House on the right, before you hit Grand.
Price Information
Listing Price Info
Price Summary:
List Price: $699,000
Price Per SqFt: $295/SqFt
Tax Information:
Annual Amount: $9,841
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New Haven, CT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lincoln - Bassett Community School
130 Bassett St
Distance between this listing and this school1.83 miles
Public District Grades PK-6
5
/10
Barack H. Obama Magnet University School
69 Farnham Ave
Distance between this listing and this school2.39 miles
Public Magnet Grades PK-4
6
/10
Forest Elementary School
95 Burwell Rd
Distance between this listing and this school2.63 miles
Public District Grades KG-4
Nearby Schools
2
/10
Conte/West Hills Magnet School
511 Chapel St
Distance between this listing and this school0.23 miles
Public Magnet Grades PK-8
4
/10
Booker T. Washington Academy
804 State St
Distance between this listing and this school0.50 miles
Public Charter Grades KG-7
4
/10
John S. Martinez School
100 James St
Distance between this listing and this school0.84 miles
Public District Grades KG-8
Nearby Schools
4
/10
Metropolitan Business Academy
115 Water St
Distance between this listing and this school0.34 miles
Public Magnet Grades 9-12
1
/10
High School in the Community
175 Water St
Distance between this listing and this school0.35 miles
Public Magnet Grades 9-12
2
/10
New Haven Academy
444 Orange St
Distance between this listing and this school0.48 miles
The neighbors living near this home have an average income of $70,529. Most New Haven, CT residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 117 Olive St in New Haven, CT and zip code 06511 in the Wooster Square / Mill River neighborhood. This 2,372 square foot home, which was built in 1870, sits on a 0.08 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $699,000.
Over 36 listings were sold over their listed price in October 2024 in New Haven, CT. In the same period over 21 listings were sold below the listed price and 10 listings were sold for the listed price. The number of listings in New Haven, CT increased by 5.8% between September 2024 and October 2024. Listings spent 35 days on the market in October 2024, and had a median list price of $336,793 during the same period.
From Rocket Homes Real Estate and based on county public records data.