$379,995
$35K PRICE DROP

500 Prospect St Unit 1F New Haven, CT 06511

Prospect Hill Neighborhood

Estimated payment $3,191/month

Total Views 11,382
2 Beds
2 Baths
1,267 Sq Ft
$300 Price per Sq Ft

About This Home

Step into this lovely, quaint and cozy unit in the highly sought-after 500 Prospect Street condominium complex. This spacious home has a bright, airy living and dining area with soaring 10+ ft ceilings. The galley kitchen, featuring a charming dining nook, offers the potential to be opened up to the living room, perfect for creating a more open-concept layout. With bedrooms located at opposite ends of the unit, you'll enjoy ultimate privacy. The master bedroom features an en-suite, generously sized bathroom and expansive walk-in closet, whilst the second full bath is conveniently located in the hall directly next to the second bedroom & kitchen. Additional storage space is conveniently located a few steps away from your unit. Recent upgrades include a newer HVAC system (2018), water heater (2019), and energy-efficient, super quiet thermal-pane windows. The building offers easy access via an elevator from both the garage and the lobby. Parking is a breeze with a secure, one-car garage space beneath the building, plus extra visitor parking outside. Located just minutes from campus on the Yale Shuttle line, this home offers great natural light and stunning views, making it the perfect place to call home without losing a value-add opportunity. In the event one decides to lease the property out it certainly is a highly sought after rental unit because of it's proximity to many Universities (Yale, SCSU, UNH, etc.) & professional headquarters.

Listing Agent

Craig Delgado-Alonzo

Farnam Realty Group License #RES.0823525 Listed on: 05/03/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,458

Year Built

  • Built in 1988

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 1,267 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • East Rock Elementary School
  • Wilbur Cross High School

Utilities

  • Central Air
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 1248999

Community Details

Overview

  • Association fees include grounds maintenance, trash pickup, snow removal, water, sewer, property management, pest control, road maintenance, insurance
  • 4 Units
  • Property managed by Felner Corp

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,458

Year Built

Built in 1988

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Neighborhood: East Rock
  • Property Type: Condo/Co-Op For Sale
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 1267
  • Total Sq Ft: 1267
  • Year Built: 1988
  • New Construction: No/Resale
  • Nearby Amenities: Library, Medical Facilities, Paddle Tennis, Park, Private School(s), Tennis Courts
  • Property Sub Type: Condominium
  • Direct Waterfront: No
  • End Unit: No
  • Home Warranty Offered: No
  • Special Assessment Details: $147
  • Directions: 500 Prospect Street, New Haven
  • Living Area Sq Ft Per Public Record: 1267
  • Spec Assoc Asses: Yes
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement Description: None
  • Appliances: Electric Cooktop, Gas Range, Oven/Range, Microwave, Range Hood, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Attic: No
  • Street Number Modifier: 500

Exterior Features

  • Exterior Siding: Brick
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick, Concrete

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Covered Garage, Parking Garage

Utilities

  • Cooling System: Ceiling Fans, Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Gas In Street
  • Hot Water Description: Natural Gas, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • Association Fee Includes: Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Pest Control, Road Maintenance, Insurance
  • Levels In Unit: 1
  • HOA Fees: 470
  • HOA Fee Frequency: Monthly
  • Property Management Type: Professional-Off Site
  • Property Mgt Company Name: Felner Corp
  • Total Number of Units In Complex: Prospect (500)

Schools

  • Elementary School: East Rock
  • High School: Wilbur Cross

Lot Info

  • Lot Description: City Views Rolling
  • Zoning: RM2
  • Parcel #: 1248999

Rental Info

  • Pets Allowed Info: All pets
  • Pets Allowed: Yes

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7458
  • Total Assessed Value: 189280
  • Mil Rate Total: 39.4

MLS Schools

  • Elementary School: East Rock
  • High School: Wilbur Cross

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Rent $2,500 0.0% --
06/27/2025 06/27/25 Price Changed $379,995 -8.4% $300 / Sq Ft
05/08/2025 05/08/25 For Sale $415,000 -- $328 / Sq Ft
Source: SmartMLS

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Source: SmartMLS

MLS Number: 24093395

SmartMLS

Connecticut New Haven County New Haven 06511 Prospect Hill

500 Prospect St Unit 1F, New Haven, CT

This home is located at 500 Prospect St Unit 1F, New Haven, CT 06511 and is currently priced at $379,995, approximately $299 per square foot. This property was built in 1988. 500 Prospect St Unit 1F is a home located in New Haven County with nearby schools including Highville Charter School, The Foote School, and St Thomas's Day School.

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Nearby Homes
Craig Delgado-Alonzo
Listing Agent
Craig Delgado-Alonzo
Section Image
Farnam Realty Group
(475) 335-8513