417 Valley Street

New Haven, CT 06515

$480,000
Price
6
Beds
4
Baths
2,880 Sq. Ft.
$167 / Sq. Ft.
2,880
Sq. Ft.
$167
per Sq. Ft.

Description

With per-unit comps averaging $150K/unit in this prime Westville location, and with a few cosmetic upgrades, you could unlock $120K+ in instant equity. 4 unit assets are rarely available! This opportunity features two, 2-bed townhomes and two 1-bed ranches. The tenants pay utilities, further enhancing the value of this acquisition. At a minimum rents can be $1,200 for the 1 beds and $1,650. Positioned near Yale's Nature Preserve and top city amenities, the location is unbeatable. This value-add property...With per-unit comps averaging $150K/unit in this prime Westville location, and with a few cosmetic upgrades, you could unlock $120K+ in instant equity. 4 unit assets are rarely available! This opportunity features two, 2-bed townhomes and two 1-bed ranches. The tenants pay utilities, further enhancing the value of this acquisition. At a minimum rents can be $1,200 for the 1 beds and $1,650. Positioned near Yale's Nature Preserve and top city amenities, the location is unbeatable. This value-add property is perfect for those seeking strong cash flow and appreciation. You simply can't afford to miss this one!
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860)-633-3674 C: (860)-508-2102 mulveylisa@gmail.com
  2. Listed by Chantal Lallier • Berkshire Hathaway NE Prop.
    P: (860)-633-3674 C: (860)-729-4176 chantallallier@bhhsne.com

Property Details for 417 Valley Street

Basement Description
Crawl Space
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 10/23/2024 06:51 PM

Property Details for 417 Valley Street

StatusActive
MLS #24032702
Days on Market155
Taxes$6,406 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1940
Lot Size0.23 AC / 10,018 SF
CountyNew Haven County

Building Information for 417 Valley Street

Stories-Residences4Year Built1940Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 417 Valley Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.33445
  • Longitude: -72.97077
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $6,406
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Water
  • Attic YN: No
  • Rooms Total: 18
Property
Property and Assessments
  • Construction Description: Masonry
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1940
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2880
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1261170
  • Sq Ft Est Heated Above Grade: 2880.0
  • Sq Ft Total: 2880.0
  • Zoning: RM1
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 13135
  • Gross Annual Income: 26580
  • Net Operating Income: $13,445
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 18
Unit 1
  • Lease: Monthly
  • Listing Key: 1D4D312BFEE72F8CE063D501100A59FD
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-23-2024
  • Unit Monthly Rent: $1,015
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: 1D4D312BFEE72F8CE063D501100A59FD
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 10-23-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 3
  • Lease: Monthly
  • Listing Key: 1D4D312BFEE72F8CE063D501100A59FD
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-23-2024
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: 1D4D312BFEE72F8CE063D501100A59FD
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 10-23-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant

Property History for 417 Valley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 417 Valley Street

Taxable ValueLand$41,440Additions$124,950Total$166,390
Tax Record2023$6,190 ($516 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories2Lot Size10,019 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningRM1CountyNEW HAVENAPNNHVN M:423 B:1182 L:02100

Schools near 417 Valley Street

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Nathan Hale School
PublicPK to 8

Hyde Leadership School
Public9 to 12

Benjamin Jepson Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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417 Valley Street is a multi-family home for sale in New Haven, CT 06515. This property was listed for sale on July 15, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $480,000. It has been on the market for a total of 155 days and was last sold on August 4, 2006. This listing's school district is New Haven School District. Nearby schools include Nathan Hale School, Hyde Leadership School and Bishop Woods Architecture and Design Magnet School. 417 Valley Street is a 6-bed, 4-bath, 2,880 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Chantal Lallier

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.