1 month on rocket

718 Winchester Ave, New Haven, CT, 06511

$385,000

Home List Price

$4,572*

Closing Credit

8 Bedrooms
3 Full Baths
2,767 SqFt
$139/SqFt
Multi

Location

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718 Winchester Ave, New Haven$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #24048794
Lot Size0.10 Acres
StatusActive

About 718 Winchester Ave

Discover this 3-family property on Winchester Ave, perfect for both owner-occupants and savvy investors. The home features a fenced front yard, durable vinyl siding, and separate utilities, with 3-bedroom units on the 1st and 2nd floors, and a 2-bedroom unit on the 3rd floor. With one tenant currently on a month-to-month lease and below-market rent, you have the potential to increase income, with market rates around $1,700+/month for the remaining units. Can also be purchased with 721 Winchester Ave just across the street. Great start or addition to your investment portfolio! MLS# 24055834. Comparable closed sales nearby include: Enjoy the Sweat Equity/Appreciation or pull Equity Out and build our investment portfolio. - 270 Huntington St: $605,000 (above-average finishes) - 264 Huntington St: $592,500 (above-average finishes) - 263 Highland St: $457,500 (average condition) - 258 Highland St: $439,000 (below-average condition) - 252 Sheffield Ave: $435,000 (below-average condition) This is a rare opportunity in a high-demand area!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,767 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: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $139/SqFt

Tax Information:

  • Annual Amount: $4,300
  • 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

718 Winchester Ave vs New Haven

57 DAYS ON ROCKET

+22 Days

$385,000

+$48.2K More

$139/SqFt

-$40 Less

KEY TAKEAWAY

This property is $48.2K more than the Median Sold Price and $40/SqFt less than other homes in New Haven, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24048794

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, 2:20:52 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

Sep 12, 2017Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,300$98,000
2020$4,300$98,000
2019$4,212$98,000
2018$4,212$98,000
2017$3,791$98,000

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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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-315985
4
/10

  • Lincoln - Bassett Community School

  • 130 Bassett St

  • 0.26 miles

  • Public District Grades PK-6

school-card-donut-315986
5
/10

  • Barack H. Obama Magnet University School

  • 69 Farnham Ave

  • 1.39 miles

  • Public Magnet Grades PK-4

school-card-donut-315987
6
/10

  • Helen Street School

  • 285 Helen St

  • 1.62 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,360. Residents of New Haven, CT typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New Haven County›New Haven›06511›718 Winchester Ave

This home is located at 718 Winchester Ave in New Haven, CT and zip code 06511 in the Newhallville neighborhood. This 2,767 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $385,000.

In October 2024 more than 36 listings in New Haven, CT were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 21 were sold below. Between September 2024 and October 2024, New Haven, CT real estate market has seen increase in the number of listings by 5.8%. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $336,793.

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

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