3 months on rocket

527 Winthrop Ave, New Haven, CT, 06511

$400,000

Home List Price

$4,750*

Closing Credit

5 Bedrooms
3 Full Baths
3,152 SqFt
$127/SqFt
Multi

Location

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527 Winthrop Ave, New Haven$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
MLS #24038847
Lot Size0.11 Acres
StatusActive

About 527 Winthrop Ave

This well-maintained property offers a prime chance for both investors and owner-occupants. The building features two 2-bedroom, 1-bath units and one 1-bedroom unit, each equipped with separate electric and gas meters, ensuring efficient management and cost control. Each unit benefits from its own private entrance, enhancing tenant privacy and convenience. The property includes inviting covered porches at both the front and back. A spacious, fenced-in backyard provides an ideal outdoor space for tenants to enjoy. Recent updates have modernized the bathrooms with stylish finishes, and the wood flooring throughout adds a touch of elegance. With current rents below market value, this property presents a unique opportunity to maximize rental income while keeping expenses low and management straightforward. Don't miss your chance to capitalize on this promising investment!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 3,152 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway NE Prop.
  • Office Phone: (860) 633-3674
  • Listing Agent: Lisa Cozzi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • 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: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $127/SqFt

Tax Information:

  • Annual Amount: $5,354
  • Tax Year: 2021
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Housing Market Comparison

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

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New Haven, CT

City

Med. Sold Price

$336.7K

Med. Price/SqFt

$178

Avg. Days On Market

35

# of Sold Homes

67

527 Winthrop Ave vs New Haven

103 DAYS ON ROCKET

+68 Days

$400,000

+$63.2K More

$127/SqFt

-$52 Less

KEY TAKEAWAY

This property is $63.2K more than the Median Sold Price and $52/SqFt less than other homes in New Haven, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24038847

Listing Office:

  • Office Name: Berkshire Hathaway NE Prop.
  • Office Phone: (860) 633-3674
  • Listing Agent: Lisa Cozzi

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: 11/21/2024, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2008Home Sold
$140,000
Apr 07, 1995Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,354$122,010
2020$5,354$122,010
2019$5,244$122,010
2018$5,244$122,010
2017$4,118$106,470

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-312851
5
/10

  • Barack H. Obama Magnet University School

  • 69 Farnham Ave

  • 0.88 miles

  • Public Magnet Grades PK-4

school-card-donut-312852
4
/10

  • Lincoln - Bassett Community School

  • 130 Bassett St

  • 1.01 miles

  • Public District Grades PK-6

school-card-donut-312853
6
/10

  • Forest Elementary School

  • 95 Burwell Rd

  • 1.96 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,828. The majority of New Haven, CT residents have income 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›527 Winthrop Ave

This home is located at 527 Winthrop Ave in New Haven, CT and zip code 06511 in the Beaver Hills neighborhood. This 3,152 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $400,000.

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. In October 2024 in New Haven, CT there were 5.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $336,793, while the average time on the real estate market was 35 days.

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

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