290 Sherman Ave New Haven, CT 06511
Edgewood NeighborhoodEstimated payment $4,930/month
Highlights
- Tankless Water Heater
- Hot Water Heating System
- Level Lot
About This Home
Great investment opportunity located in a highly desirable area next to Yale Hospital and within walking distance of local stores. This income-producing property features 8 bedrooms and 8 bathrooms, 8 kitchens total of 8 units or can be use 3 family house, generating approximately $99,000 annually. The building has undergone major renovations including a new roof, updated windows, modernized bathrooms, upgraded electrical systems, and new plumbing-ensuring long-term durability and low maintenance costs.Additional highlights include: Coin-operated laundry room for additional income,Spacious basement with ample storage rooms,Large parking lot for tenants and guests, located near Yale Hospital and retail amenities. This is an ideal opportunity for investors seeking stable cash flow in a prime location with minimal capital expenditures required.
Listing Agent
Lisowitch Real Estate Group LLC License #RES.0803375 Listed on: 07/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,914
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 3,650 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Schools
- Edgewood Elementary School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Hot Water Circulator
Community Details
- 3 Units
- Gross Income $99,000
Listing and Financial Details
- Assessor Parcel Number 1255609
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,914 | $226,240 | $48,370 | $177,870 |
| 2024 | $8,710 | $226,240 | $48,370 | $177,870 |
| 2023 | $8,416 | $226,240 | $48,370 | $177,870 |
| 2022 | $8,993 | $226,240 | $48,370 | $177,870 |
| 2021 | $6,543 | $149,100 | $41,650 | $107,450 |
| 2020 | $6,543 | $149,100 | $41,650 | $107,450 |
| 2019 | $6,408 | $149,100 | $41,650 | $107,450 |
| 2018 | $6,408 | $149,100 | $41,650 | $107,450 |
| 2017 | $5,767 | $149,100 | $41,650 | $107,450 |
| 2016 | $4,956 | $119,280 | $32,760 | $86,520 |
| 2015 | $4,956 | $119,280 | $32,760 | $86,520 |
| 2014 | $4,956 | $119,280 | $32,760 | $86,520 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2025 09/28/25 | Price Changed | $799,900 | 0.0% | $219 / Sq Ft | |
| 09/28/2025 09/28/25 | For Sale | $799,900 | -2.3% | $219 / Sq Ft | |
| 09/19/2025 09/19/25 | Off Market | $819,000 | -- | -- | |
| 08/27/2025 08/27/25 | Price Changed | $819,000 | -1.1% | $224 / Sq Ft | |
| 07/30/2025 07/30/25 | Price Changed | $827,777 | -2.4% | $227 / Sq Ft | |
| 07/19/2025 07/19/25 | For Sale | $847,900 | +259.3% | $232 / Sq Ft | |
| 08/26/2019 08/26/19 | Sold | $236,000 | +24.3% | $65 / Sq Ft | View Prior Sale |
| 07/17/2019 07/17/19 | Pending | -- | -- | -- | |
| 07/10/2019 07/10/19 | For Sale | $189,900 | -19.5% | $52 / Sq Ft | |
| 07/08/2019 07/08/19 | Off Market | $236,000 | -- | -- | |
| 06/17/2019 06/17/19 | For Sale | $189,900 | -- | $52 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $236,000 | -- | |
| Warranty Deed | $236,000 | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $69,000 | -- | |
| Warranty Deed | $69,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $462,000 | New Conventional | |
| Previous Owner | $380,400 | Purchase Money Mortgage | |
| Previous Owner | $258,750 | No Value Available | |
| Previous Owner | $198,250 | No Value Available |
Source: SmartMLS
MLS Number: 24113042
APN: NHVN-000319-000280-000700
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