#24080034, Anthony DeLorenzo, Listing office: Alpha Capital Realty, LLC

198 Exchange St New Haven, CT 06513
Property details
About 198 Exchange St
Don't Miss This Incredible Investment Opportunity! Perfect for owner-occupants or savvy investors, this beautifully updated three-family home is located in New Haven. Each unit offers spacious living with modern updates, making it ideal for steady rental income or multi-generational living. The roof and siding were replaced in 2023, ensuring peace of mind. With a strong tenant base already in place, this property is truly turn-key. Enjoy the convenience of being just minutes from Yale University, top-rated dining, shopping, and entertainment options. A must-see for anyone looking to invest in one of New Haven's most sought-after areas!
Highlights
(Under Contract - Continue to Show)
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 8
- Attached Garage: No
- Private Pool: No
- Parking: None
- Heating: Forced Air
- Cooling: None
- List Price: $525,000
- Price/SqFt: $164
- Annual Tax Amount: $8,697
- Tax Year: 2024
- Lot: Level
- Directions: Per GPS
- Year Built: 1900
- Living Area: 3,196 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 24093778
- Office Name: Vanguard Private Client Grp
- Office Phone: (203) 887-2553
- Office Email: n.zoef@vanguardpcg.com
- Listing Agent: Natalie Zoef
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Last updated on: 6/5/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
198 Exchange St
$6,234
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 14, 2023 | Home Sold | $287,000 |
Feb 14, 2023 | Home Sold | $255,000 |
Oct 30, 2008 | Home Sold | $86,000 |
May 24, 2006 | Home Sold | $285,000 |
Feb 07, 2005 | Home Sold | $185,000 |
Mar 17, 2004 | Home Sold | $169,000 |
Mar 03, 2003 | Home Sold | $29,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $225,890 | $8,697 |
2023 | $198,940 | $7,401 |
2022 | $198,940 | $7,908 |
2021 | $118,440 | $5,197 |
2020 | $118,440 | $5,197 |
2019 | $118,440 | $5,091 |
History based on county public records data.
Nearby schools
4
Lincoln - Bassett Community School
Public District PK-6
2.4 mi
•130 Bassett St
8
Tuttle Elementary School
Public District KG-5
2.6 mi
•108 Prospect Rd
5
Ridge Hill School
Public District KG-6
2.7 mi
•120 Carew Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,263. Most New Haven, CT residents have annual incomes between $35k-100k. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 198 Exchange St
The listing price of 198 Exchange St property is $525,000.
The property 198 Exchange St is a multi located in New Haven, Connecticut, 06513.
Accepting Backup Offers: 198 Exchange St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 198 Exchange St are: Lincoln - Bassett Community School (GreatSchools Rating 4/10), Tuttle Elementary School (GreatSchools Rating 8/10), Ridge Hill School (GreatSchools Rating 5/10), Columbus Family Academy (GreatSchools Rating 3/10), Fair Haven School (GreatSchools Rating 3/10), John S. Martinez School (GreatSchools Rating 4/10), Elm City College Preparatory School (GreatSchools Rating 4/10), Metropolitan Business Academy (GreatSchools Rating 4/10), New Haven Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,697 (source: MLS/based on county public records data).
The last sale was on February 14, 2023 for $287,000 (source: MLS/tax record).
The property 198 Exchange St is 3,196 SqFt (source: MLS/tax record).
The year of construction for 198 Exchange St is 1900.
This home is located at 198 Exchange St in New Haven, CT and zip code 06513 in the Fair Haven neighborhood. This 3,196 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $525,000.
Over 41 listings were sold over their listed price in May 2025 in New Haven, CT. In the same period over 24 listings were sold below the listed price and 8 listings were sold for the listed price. In May 2025 in New Haven, CT there were 2.4% less homes for sale than in April.