Sharon Chase
Coldwell Banker Realty
(959) 251-1032
116 Total Sales
1 in Hamden
$235,000 Price
16 3rd St Hamden, CT 06514
Hamden AreaEstimated Value: $480,000 - $557,000
5
Beds
3
Baths
3,116
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- Property is near public transit, shops, and bus stop
- Public Transportation
- Private Driveway
- Thermal Windows
- Hot Water Heating System
- 3-minute walk to Ernest Borgnine Park
About This Home
As of October 2024Back on market buyer unable to secure finance!!! Spacious, Fully Rented 3-Family Home with Excellent Income Potential. This is an exceptional opportunity to own a spacious, fully rented 3-family home with outstanding income and cash flow. The property has been meticulously maintained and updated over the years, ensuring durability and reduced maintenance costs. Key updates include roof, furnaces, windows, and a modern 100 amp electric service with a house meter and emergency hallway lighting. The first and second units feature beautiful hardwood floors and high ceilings, while the third-floor unit is carpeted for added comfort. Located in a prime area, the home is close to shopping, public transportation, good schools, dining, and entertainment options. Easy access to local highways makes commuting a breeze. Financially, the property generates a monthly income of $51600 annually, and a cap rate of 7.05%, making it a highly attractive investment opportunity. Whether you are an investor looking to expand your portfolio or a buyer seeking a property with excellent income potential, this fully rented 3-family home is a perfect choice. Units are on month to month status. Schedule a viewing and explore the full potential this property has to offer. Inspection for buyers information only.
Last Agent to Sell the Property
Julio Lopes
Encore Premier Properties License #REB.0789074 Listed on: 06/10/2024
Last Buyer's Agent
Zenaida Mora
Century 21 Scala Group License #RES.0811589
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,413
Year Built
- Built in 1920
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 3,116 Sq Ft Home
- Thermal Windows
- Basement Fills Entire Space Under The House
- Smart Lights or Controls
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Private Driveway
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Gas
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Gas Available at Street
- Fuel Tank Located in Basement
Additional Features
- Energy-Efficient Lighting
- Property is near public transit, shops, and bus stop
Community Details
- 3 Units
- Public Transportation
- Gross Income $51,600
Listing and Financial Details
- Assessor Parcel Number 1131629
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2024
Closed on
Oct 9, 2024
Sold by
Bought by
Seller's Agent
Julio Lopes
Encore Premier Properties
Buyer's Agent
Zenaida Mora
Century 21 Scala Group
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,507
Avg. Annual Appreciation
7.73%
Original Mortgage
$412,087
Interest Rate
4.87%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 17, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hamden, CT
-
Sharon Chase
-
Jim Treanor Jr
Jim Treanor Jr
ERA Treanor Real Estate
(475) 244-9541
216 Total Sales
1 in Hamden
$635,000 Price
-
Chris Marshall
Chris Marshall
YellowBrick Real Estate LLC
(475) 267-0503
151 Total Sales
6 in Hamden
$270K - $350K Price Range
-
Patrick Farley
Patrick Farley
Statewide Premier Prop. LLC
(860) 259-4044
76 Total Sales
2 in Hamden
$270K - $328K Price Range
-
Cheryl Zalewski
Cheryl Zalewski
eXp Realty
(860) 783-7745
106 Total Sales
1 in Hamden
$132,000 Price
-
Sue Varrone
Sue Varrone
Coldwell Banker Realty
(475) 330-3425
124 Total Sales
2 in Hamden
$138K - $355K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | None Available | ||
| $450,000 | None Available | ||
| $111,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $412,087 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $123,600 | ||
| Previous Owner | $27,000 | ||
| Previous Owner | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2024 10/14/24 | Sold | $450,000 | -10.0% | $144 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $499,900 | -2.0% | $160 / Sq Ft |
| 07/12/2024 07/12/24 | Price Changed | $509,900 | -2.9% | $164 / Sq Ft |
| 06/13/2024 06/13/24 | For Sale | $525,000 | -- | $168 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,492 | $298,620 | $40,320 | $258,300 |
| 2024 | $10,413 | $187,250 | $25,690 | $161,560 |
| 2023 | $10,557 | $187,250 | $25,690 | $161,560 |
| 2022 | $10,389 | $187,250 | $25,690 | $161,560 |
| 2021 | $9,823 | $187,320 | $25,690 | $161,630 |
| 2020 | $6,917 | $133,070 | $28,560 | $104,510 |
| 2019 | $6,502 | $133,070 | $28,560 | $104,510 |
| 2018 | $6,382 | $133,070 | $28,560 | $104,510 |
| 2017 | $6,023 | $133,070 | $28,560 | $104,510 |
| 2016 | $6,036 | $133,070 | $28,560 | $104,510 |
| 2015 | $5,753 | $140,770 | $44,940 | $95,830 |
| 2014 | $5,621 | $140,770 | $44,940 | $95,830 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Julio Lopes
Encore Premier Properties
-
Z
Buyer's Agent in 2024
Zenaida Mora
Century 21 Scala Group
Map
Source: SmartMLS
MLS Number: 24024025
APN: HAMD-002225-000336
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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