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Tucked into a well-connected pocket of New Haven, 14 Gilbert Ave offers a rare blend of flexibility, stability, and opportunity. Just moments from Yale New Haven Hospital, local bus lines, downtown, and commuter access, this property places daily convenience right outside your door. Configured as a true multi-level living setup, the home functions as three distinct spaces. The first floor features a spacious 3-bedroom apartment, while the second floor offers a comfortable 2-bedroom unit, both occupied by long-term tenants who take pride in where they live. Above, the third floor lives like a private owner's suite with its own entrance, 2 bedrooms, bath, and a cozy kitchenette and living area, ideal for an owner occupant or added income potential. Natural gas heat, separate electric meters, multiple hot water heaters, and city utilities support the home's efficiency. A freshly painted exterior, front porch, and partially fenced backyard round out the setting. Lead has been professionally remediated with documentation available. Whether you're looking to offset your mortgage or expand your portfolio, this is a property that adapts to your goals.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.373% |
| Monthly Tax Payment | $506 | $506 | $506 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,799 | $1,872 | $2,450 |
| Total Monthly Payment | $2,380 | $2,453 | $3,031 |
* 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.