2 months on rocket

122 Derby Ave, New Haven, CT, 06511

$599,900

Home List Price

$7,124*

Closing Credit

5 Bedrooms
5 Full Baths
3,434 SqFt
$175/SqFt
Multi

Location

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122 Derby Ave, New Haven$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1900
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #24052876
Lot Size0.46 Acres
StatusActive

About 122 Derby Ave

Discover a prime investment opportunity in the heart of New Haven with this 5-unit building at 122 Derby Ave. Featuring two currently leased units, this property already generates income, while three additional units are unoccupied and ready for your personal touch or to attract new tenants. The three unoccupied units present an excellent opportunity increased rental income. Situated in a vibrant neighborhood, the property is close to local amenities, public transportation, and universities, ensuring high demand for rentals. New Haven's growing economy and community appeal promise a robust tenant base. Don't miss out on this exceptional chance to invest in a property with significant income potential and room for growth.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 3,434 SqFt

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (203) 433-4387
  • Listing Agent: Sean Doran

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $9,642
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in New Haven, CT.

Med. Sold Price

$339.8K

Med. Price/SqFt

$181

# of Sold Homes

60

122 Derby Ave vs New Haven

72 DAYS ON ROCKET

$599,900

+$260K More

$175/SqFt

-$6 Less

KEY TAKEAWAY

This property is $260K more than the Median Sold Price and $6/SqFt less than other homes in New Haven, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24052876

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (203) 433-4387
  • Listing Agent: Sean Doran

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2012Home Sold
$111,400
Aug 25, 2005Home Sold
$250,000
Aug 16, 2005Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,642$219,730
2020$9,642$219,730
2019$9,444$219,730
2018$9,444$219,730
2017$8,499$219,730

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Nearby Schools

school-card-donut-840999
6
/10
  • Forest Elementary School

  • 95 Burwell Rd

  • 1.25 miles

  • Public District Grades KG-4

school-card-donut-841000
5
/10
  • Barack H. Obama Magnet University School

  • 69 Farnham Ave

  • 1.36 miles

  • Public Magnet Grades PK-4

school-card-donut-841001
5
/10
  • May V. Carrigan Intermediate School

  • 2 Tetlow St

  • 1.68 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,110. Typical income of New Haven, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Connecticut›New Haven County›New Haven›06511›122 Derby Ave

This home is located at 122 Derby Ave in New Haven, CT and zip code 06511 in the West River neighborhood. This 3,434 square foot home, which was built in 1900, sits on a 0.46 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $599,900.

Over 32 listings were sold over their listed price in November 2024 in New Haven, CT. In the same period over 17 listings were sold below the listed price and 11 listings were sold for the listed price. The number of homes for sale in New Haven, CT decreased by 7.1% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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