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587 Orchard St, New Haven, CT, 06511

$265,000

Home List Price

$3,147*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,596 SqFt
$166/SqFt
House

Location

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587 Orchard St, New Haven$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone, Off Street Parking, Driveway
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #170569362
Lot Size0.15 Acres
StatusActive

About 587 Orchard St

This charming 4-bedroom, 1.5-bathroom, 2-story home in New Haven's historical West River neighborhood is the perfect opportunity for first-time homebuyers looking for a balance of modern comfort and classic charm. The beautiful light blue vinyl siding and newer windows give the home a fresh, inviting appearance, while the newly paved driveway provides ample parking for up to 8 cars-perfect for hosting guests or growing families. The spacious, fenced-in backyard with a deck offers a private oasis for outdoor relaxation, gardening, or entertaining. Located in a vibrant neighborhood with parks, athletic fields, and close proximity to top-rated hospitals, this home offers not only convenience but also a promising future. It's ideal for those who want a move-in ready home with the potential for long-term value. With market rents for a 4-bedroom property in this area reaching up to $2,400 per month, this property also provides a great investment opportunity for those considering rental income. Recent nearby sales, like the home at 130 Portsea St closing at $266,000, show strong value retention, making this home a smart purchase for anyone looking to invest in their future. Whether you're starting a family or looking for a solid financial asset, this home is a fantastic choice.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1900
  • Living Area: 1,596 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk, Porch, Deck, Gutters, Lighting

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street Parking, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: GPS friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $3,858
  • 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

587 Orchard St vs New Haven

562 DAYS ON ROCKET

+527 Days

$265,000

-$71.7K Less

$166/SqFt

-$13 Less

KEY TAKEAWAY

This property is $71.7K less than the Median Sold Price and $13/SqFt less than other homes in New Haven, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #170569362

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: 11/24/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,858$87,920
2020$3,858$87,920
2019$3,779$87,920
2018$3,779$87,920
2017$3,401$87,920

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-1079610
4
/10

  • Lincoln - Bassett Community School

  • 130 Bassett St

  • 1.03 miles

  • Public District Grades PK-6

school-card-donut-1079611
5
/10

  • Barack H. Obama Magnet University School

  • 69 Farnham Ave

  • 1.17 miles

  • Public Magnet Grades PK-4

school-card-donut-1079612
6
/10

  • Forest Elementary School

  • 95 Burwell Rd

  • 2.04 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 $30,820. The majority of New Haven, CT residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 587 Orchard St

What is the listing price of this property?

The listing price of 587 Orchard St property is $265,000.

What type of property is this?

The property 587 Orchard St is a house located in New Haven, Connecticut, 06511.

Is this property for sale now?

Active Listing: 587 Orchard St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,858 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 587 Orchard St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 587 Orchard St is 1,596 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 587 Orchard St is 1900.

Rocket Homes›Connecticut›New Haven County›New Haven›06511›587 Orchard St

This home is located at 587 Orchard St in New Haven, CT and zip code 06511 in the Dixwell neighborhood. This 1,596 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 11, 2023 and is currently priced at $265,000.

In October 2024, from all listings sold in New Haven, CT there were more than 36 sold above asking price, over 21 sold below and more than 10 were sold right at the asked price. The number of homes for sale in New Haven, CT increased by 5.8% between September 2024 and October 2024. In October 2024 median list price was $336,793 and the average listing age was 35 days.

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

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