950 Townsend Ave

New Haven, CT 06512

$396,900
Last Sold Price
4
Beds
2,752 Sq. Ft.
$144 / Sq. Ft.
2,752
Sq. Ft.
$144
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 4/4/22
Closed 4/4/22

Description

Welcome home to 950 Townsend Ave! This stunning historical 2-family home, located in the Lighthouse Point neighborhood, has been loved and cared for by the same owners for over 17 years. This property provides an opportunity for investors to create passive income with a 7.9% CAP rate, or for the new owner occupant to live on the first floor and rent the second floor to help pay down the mortgage. For those with vision it can also be converted back into a grand single-family home. Even more opportunities...Welcome home to 950 Townsend Ave! This stunning historical 2-family home, located in the Lighthouse Point neighborhood, has been loved and cared for by the same owners for over 17 years. This property provides an opportunity for investors to create passive income with a 7.9% CAP rate, or for the new owner occupant to live on the first floor and rent the second floor to help pay down the mortgage. For those with vision it can also be converted back into a grand single-family home. Even more opportunities can be found in the large attic with cathedral ceilings which can be finished into an amazing 3rd floor unit. With this property you are getting the best of both worlds with a modern renovation on the second floor and historical charm on the first: The 2nd floor unit, includes a remodeled bathroom, new kitchen with beautiful granite, tiles, cabinets, fixtures, SS appliances and refinished floors throughout; new in-unit top of the class W&D. A total of 5 rooms delivers plenty of space with 2 BD, 1 BA for a total of 1,234sqft. The 1st floor unit offers extreme craftsmanship with too many details to list, including gorgeous crown molding, custom built window seats, oversized Palladian windows, refinished picture frame hardwood floors, mahogany pocket doors, restored fireplace and more. This 1,518sqft unit, has high ceilings, features 2 BD (one being currently used as an office), 1 BA, oversized living room with ample light, eat-in kitchen with SS appliances, and a large pantry.
  1. Listed by Arek Wtulich • Century 21 AllPoints Realty
    P: (860)-258-6202 arek.wtulich@raveis.com

Property Details for 950 Townsend Avenue

Basement Description
Full With Walk-Out, Storage
Direct Waterfront
No
Garages Number
0
Neighborhood
Lighthouse Point
Style
Units on different Floors
Garage Parking Info
Off Street Parking
Swimming Pool
No
LISTING UPDATED: 04/05/2022 02:33 PM

Property Details for 950 Townsend Avenue

StatusClosed
MLS #170465354
Days on Market9
Taxes$6,122 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1900
Lot Size0.37 AC / 16,117 SF
CountyNew Haven County
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Location

Listing Courtesy of Century 21 AllPoints Realty, Arek Wtulich

Sold By YellowBrick Real Estate LLC, Akenmisire Musa

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Building Information for 950 Townsend Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

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$2,445 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,934

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 950 Townsend Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Gps Friendly
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.282696
  • Longitude: -72.89486
  • Neighborhood Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $6,122
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Laundry Room Info: Washer/Dryer All Units
  • Laundry Room Location: 1st: in the basement, 2nd: in the unit
  • Rooms Total: 9
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 5586
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2752
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1237128
  • Sq Ft Est Heated Above Grade: 2752.0
  • Sq Ft Total: 2752.0
  • Zoning: RS2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 9974
  • Gross Annual Income: 37248
  • Net Operating Income: $28,426
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 9
Building Details
  • Unit Count: 2
Unit 1
  • Lease: Leased
  • Lease Expires: 10-31-2023
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Washer,Dryer
  • Unit Average Sq Ft: 1234
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-10-2022
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Washer,Dryer
  • Unit Average Sq Ft: 1518
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-10-2022
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 950 Townsend Avenue

DateEvent & SourcePriceAppreciation
Sep 6, 2023

Closed (Public Record)

Public Record #1518236472

$445,000

+8.4% / yr

Apr 4, 2022

Closed (Public Record)

Public Record #1487516954

$396,900

+0.8% / yr

May 3, 2005

Closed (Public Record)

Public Record #159305605

$345,000—
May 3, 2005

Closed (Public Record)

Public Record #159305605

$345,000

+62.1% / yr

Mar 17, 2004

Closed (Public Record)

Public Record #134210869

$200,000—
DateEvent & SourcePrice
09/06/2023

Closed (Public Record)

Public Record #1518236472

$445,000

+8.4% / yr

04/04/2022

Closed (Public Record)

Public Record #1487516954

$396,900

+0.8% / yr

05/03/2005

Closed (Public Record)

Public Record #159305605

$345,000
05/03/2005

Closed (Public Record)

Public Record #159305605

$345,000

+62.1% / yr

03/17/2004

Closed (Public Record)

Public Record #134210869

$200,000

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

Public Records for 950 Townsend Avenue

Taxable ValueLand$52,500Additions$163,030Total$215,530
Tax Record2024$8,492 ($708 / month)
Home Facts
Baths2Total Finished SqFt2,752 SqFtAbove Grade Finished SqFt2,752 SqFtUnfinished Basement SqFt1,486 SqFtStories3Lot Size16,117 SqFtStyleDuplexYear Built1900ZoningRS2CountyNEW HAVENAPNNHVN M:054 B:0933 L:05100

Schools near 950 Townsend Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Nathan Hale School
Public - PK to 8
Sound School
Public - 9 to 12
Benjamin Jepson Magnet School
Public - PK to 8
Metropolitan Business High School
Public - 9 to 12
Rating
School
Distance
Nathan Hale School
PublicPK to 8

Sound School
Public9 to 12

Benjamin Jepson Magnet School
PublicPK to 8

Metropolitan Business High School
Public9 to 12

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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Century 21 AllPoints Realty, Arek Wtulich

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.