$7,707 Closing Credit¹
#24069237, Enilda Rosas, Listing Office: Coldwell Banker Realty
#24069014·
Listing Office: Coldwell Banker Realty·
Listing Agent: Joe Scarpellino·
Listing Office Phone: (203) 481-4571
$1,750,000 List price
48 Dixwell Ave New Haven, CT 06511
$10,000
Closing credit¹
8 beds
4 full
7,854 sqft
0.1 acres
$223 / sqft
Multi-Family
Property details
About 48 Dixwell Ave
****PRICE REDUCTION IS FOR 48 DIXWELL AVE ONLY NOW*** 48 Dixwell is located within a 2-minute walk to Yale's Payne Whitney Gym, a 3-minute walk to Yale's Broadway Shopping District and the Apple Store, and a 4-minute walk to the upcoming Dixwell Plaza - New Haven's newest shopping and entertainment district (see picture). When fully developed consolidated site capable of generating $1 million+ in annual gross income. Opportunity is Ideal for investors seeking high returns, long-term capital appreciation, and an opportunity to engage in ground-up development in one of New Haven's most strategically positioned areas. Serious buyers are required to provide proof of funds (POF) before scheduling property viewings. A fully reconstructed four-story, two-family complex, with a ground-up renovation completed in 2021. Each unit features four bedrooms and two full bathrooms. High-end finishes include walk-in tiled showers, wall-hung toilets, and stainless steel appliances. Top-of-the-line LG Red mini split heating and cooling systems. Two levels white-box finished, offering easy-to-convert space to commercial or additional residential units. 48 Dixwell Phase 1 completed. Currently fully occupied by Yale athletes, generating a gross monthly income of $11,000 and annual net income of $113,500 bringing the CAP Rate to over 6.5%.
Highlights
Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingSplit System
Size7,854 sqft
BasementYes
Lot size0.12 Acres
Year built1910
MLS #24069014
Summary
- MLS Number: 24069014
- Office Name: Coldwell Banker Realty
- Office Phone: (203) 481-4571
- Office Email: joe.scarpellino@cbmoves.com
- Listing Agent: Joe Scarpellino
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,750,000
48 Dixwell Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 31, 2017 | Home Sold | $110,000 |
| Jun 20, 1997 | Home Sold | $46,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $439,950 | $16,938 |
| 2023 | $439,950 | $16,366 |
| 2022 | $439,950 | $17,488 |
| 2021 | $411,740 | $18,067 |
| 2020 | $229,530 | $10,072 |
| 2019 | $157,500 | $6,769 |
History based on county public records data.
Nearby schools
4
Lincoln - Bassett Community School
Public District PK-6
1.2 mi
•130 Bassett St
5
Barack H. Obama Magnet University School
Public Magnet PK-4
1.5 mi
•69 Farnham Ave
6
Forest Elementary School
Public District KG-4
2.2 mi
•95 Burwell 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 $44,674. Most New Haven, CT residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
49%
35k-100k
8%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
58%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating- UFC
Where do the neighbors shop?
Burlington
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Burger King
What do the neighbors drive?
Dodge
Cadillac
Buick
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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This home is located at 48 Dixwell Ave in New Haven, CT and zip code 06511 in the Dixwell neighborhood. This 7,854 square foot home, which was built in 1910, sits on a 0.12 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,750,000.
New Haven, CT housing market in February 2025 saw over 23 listings sold above listed price, more than 5 sold at listed price and over 21 sold below. Between January and February 2025, New Haven, CT real estate market has seen increase in the number of listings by 0.7%.
From Rocket Homes Real Estate and based on county public records data.