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$265,000

Beds
3
Baths
1.0
sq ft
1,193

257 Blake St, New Haven, CT 06515

257 Blake St

New Haven, CT 06515

  • 6 days on market
Incredible Value-Add Opportunity in the Desirable Beaver Hills Neighborhood! Located in the heart of New Haven's highly sought-after Beaver Hills neighborhood, this 3-bedroom, 1-bathroom home offers an exceptional opportunity for both owner-occupants and investors alike. With the flexibility of a long-term tenant already in place (currently paying $2,115/month on a month-to-month lease), you can step into immediate cash flow or make this charming home your own. This spacious 1,193 SF home features off-street parking and is nestled in a location that is truly second to none. You're just minutes away from Hamilton Park, home of the prestigious Connecticut Open tournament, and the scenic West River, offering endless opportunities for outdoor activities and relaxation. Value-Add Potential: While currently tenant-occupied, this property offers significant potential for improvement and equity growth. Whether you choose to retain the existing tenant, update the property for a higher return, or move in and make it your own, this home's prime location and space create numerous possibilities. Whether you're looking for a new place to call home or a smart investment, this is the perfect opportunity for you! Agents, please refer to the Agent to Agent remarks for further details.

Details

Property type

Single Family Residence

Est. home value

$265,479

Lot size

7,405 sq ft

Price per sq ft

$223

Year built

1890

Annual property taxes

$5,433

Price History

01/15/2025
SmartMLS

SmartMLS #24066953

Listed
$265,000
12/05/2024
SmartMLS

SmartMLS #24002939

Removed
$265,000
03/12/2024
SmartMLS

SmartMLS #24002939

Listed
$265,000

Schools & Community

Neighborhood: 

Beaver Hills

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Corevest American Finance

Loan start date

July 2020

Original loan amount

$7,883,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Stand Alone Refi (Refinance of Original Loan), 5 year

Seller

Ocean 60 Llc

Lender

Corevest American Finance

Loan start date

July 2020

Original loan amount

$7,883,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Stand Alone Refi (Refinance of Original Loan), 5 year

Seller

Ocean 60 Llc

Lender

Abensour-Nh Holdings Llc

Loan start date

October 2017

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.08%

Loan type

Stand Alone Refi (Refinance of Original Loan), 9 year

Seller

Ocean 60 Llc

Lender

Abensour-Nh Holdings Llc

Loan start date

October 2017

Original loan amount

$4,500,000

Est. remaining balance

Not provided

Interest rate

3.08%

Loan type

Stand Alone Refi (Refinance of Original Loan), 9 year

Seller

Ocean 60 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/21/2025 at 8:20 PM

Listing updated: 01/15/2025 at 1:30 PM

Listed by: Lisa Cozzi, Century 21 AllPoints Realty

MLS: SmartMLS #24066953

SmartMLS logo

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