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29831826
29831839

76 Rock St, New Haven, CT 06511

JR
CT 0795713
Roundtree Realty
Listed by Roundtree Realty
$365,000
104 days on market
Updated 99 days ago

76 Rock street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,317
Net Rentable (SqFt) 1,566
Units 2
Cap Rate 8.46%
NOI $30,896
Occupancy 100%
Pro-Forma Cap Rate 10.44%
Pro-Forma NOI $38,096
Price per SqFt $110
Class C
Year Built 1900
Buildings 1
Stories 2
Acreage 0.170
Zoning RM1
Parking Spaces 3 per unit
Investment Type Value Add
Ownership Immediate

EAST ROCK NIEGHBORHOOD GREAT UP AND COMING AREA, SECOND FLOOR ONCE BROUGH TO MARKET RENT

Investment highlights

Cash-Flowing Two-Family in East Rock – Prime New Haven Location

Excellent investment opportunity in the highly desirable East Rock neighborhood of New Haven — just minutes from Downtown and ideal for Yale University students and professionals.

This well-maintained two-family property features:

🔹 First Floor: 2-bedroom unit rented at $1,700/month
🔹 Second Floor: 4-bedroom unit (property card lists 3 bedrooms) currently rented at $1,500/month — significantly under market

The second-floor unit has strong upside potential and can achieve $2,000+ per month at market rent, creating immediate value-add opportunity and increased cash flow.

Current Income: $3,200/month
Projected Market Income: $3,700–$3,800+/month

Located in one of New Haven’s most sought-after rental areas, this property benefits from strong demand driven by Yale students, faculty, and downtown professionals. East Rock is known for its walkability, neighborhood charm, and proximity to parks, restaurants, and campus.

Perfect for:

  • Investors seeking stable income with built-in upside

  • Owner-occupants looking to offset their mortgage

  • Buyers looking to force appreciation through rental increases

Strong location. Strong demand. Strong upside.

Listing Contacts

JR
CT 0795713
Roundtree Realty
Listed by Roundtree Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,896.00
$2,574.67/mo

Valuation Metrics

0
DSCR
8.46%
Cap Rate
8.46%
ROI

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Additional Information

Name
Javyn Roundtree
License
0795713
Brokerage
Roundtree Realty
Brokerage Phone
4752274312
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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