500 Prospect Street, #APT 1C, New Haven, CT, 06511 | $399,000

BACK ON THE MARKET BUYER HAD COLD FEET. Welcome to your charming oasis in the heart of the historic Prospect Hill area of New Haven. This 2-bedroom, 2-bathroom condo offers a perfect blend of modern convenience and historic charm, all within walking distance to Yale University, private schools, local shops, and eateries. As you enter, you're greeted by a small foyer leading into a galley kitchen complete with a breakfast bar, seamlessly opening into the spacious living room and dining area. The layout provides an inviting flow, ideal for both entertaining and everyday living. One side of the unit features a guest bedroom and a full bathroom, offering convenience and privacy for guests or family members. On the opposite side lies the tranquil primary suite, ensuring a peaceful retreat away from the hustle and bustle of daily life. This condo boasts updated mechanicals and has been freshly painted throughout, complementing the timeless hardwood flooring. Conveniently located near Yale-New Haven Hospital and with easy access to the Yale shuttle and commuter routes, this property offers not only a comfortable living space but also a desirable location for those seeking a vibrant urban lifestyle. Experience the charm of a quaint, walkable neighborhood with tree-lined sidewalks, where every stroll feels like a journey through history. Don't miss your chance to make this delightful condo your new home sweet home. Special assessment for outdoor masonry improvements through 6/30/2032.

Features

  • Parking: 1-car
  • Heating: Hot Air
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator,Guest Parking
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Laundry Area
  • Complex: Prospect (500)
  • Year Built: 1988
  • Common Charge: $470 Monthly
  • Above Grade Approx. Sq. Feet: 1,267
  • Est. Taxes: $7,041
  • Lot Desc: City Views
  • Elem. School: Per Board of Ed
  • High School: Per Board of Ed
  • Pets Allowed: Yes
  • Pet Policy: Ask for details
  • Appliances: Electric Range,Microwave,Refrigerator,Dishwasher
  • MLS#: 24014702
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /prop/24014702/500prospectstreet_newhaven_ct?source=qrflyer
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Listing courtesy of Kelsey & Co. Real Estate

Room Information

Type DescriptionDimensionsLevel
Bedroom 1 Full Bath,Walk-In Closet,Wall/Wall Carpet12.1X15.6Main
Dining Room Hardwood Floor13.11X12Main
Kitchen Breakfast Bar,Hardwood Floor7.11X15.6Main
Living Room Hardwood Floor13.11X15.6Main
Primary Bedroom Bedroom Suite,Walk-In Closet,Wall/Wall Carpet,Hardwood Floor12.3X19.8Main

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Ray CashenPresident, William Raveis Attorney Network

203.925.4590

For homebuyers and sellers, our Attorney Network:

  • Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
    requirements, sets up escrows and title insurance, coordinates closing documents
  • Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
  • Offers access to experienced closing attorneys at competitive rates
  • Streamlines the process as a direct result of the established synergies among the William Raveis Family of Companies

500 Prospect Street, #APT 1C, New Haven, CT, 06511

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $587 $587 $587
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,070 $2,097 $2,672
Total Monthly Payment $2,732 $2,759 $3,334

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.