1690 Dixwell Ave Unit B3 · Hamden, CT 06514

$164,900

1 bd · 1.0 ba · 648 sqft · Condo public records · 23 Days on market

Built 1988 $168/mo HOA · 9% of rent

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.9/30.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• DSCR +6.6/10.0
• Rent growth +3.7/5.0
• Schools +3.3/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Unique and versatile condo featuring an open-concept layout with soaring ceilings and abundant natural light. The main level offers a spacious living and dining area with flexible use, along with an efficient galley kitchen that provides ample cabinet space and a convenient pass-through to the living area. The upper-level loft serves as the primary bedroom and includes a full bathroom, creating a private retreat overlooking the main living space. Additional features include in-unit laundry, dedicated parking space with visitor parking close by, a storage unit, and low HOA fees. Ideally located on Dixwell Avenue in Hamden, just minutes to shopping, restaurants, public transportation, New Haven, and the Merritt Parkway, making commuting and everyday living easy and convenient. A great opportunity for owner-occupants or investors alike!

Key facts

• Skylight
• Oversized windows
• Open-concept layout

Tags

• REMODELED LOFT-STYLE CONDO
• OPEN-CONCEPT LAYOUT
• UPDATED CATHEDRAL CEILINGS
• OVERSIZED WINDOWS
• SKYLIGHT
• IN-UNIT WASHER AND DRYER

Property features AI

Finance

• Other: Professional off-site property management; No pets allowed; 36-unit complex
• HOA & community: Homeowners association with monthly fee; HOA fee includes grounds maintenance, trash pickup, snow removal, water, sewer, and property management; HOA fee: $168 per month

Exterior

• Parking: Paved off-street parking; Assigned parking (1 space); Visitor parking available
• Utilities: Public water connected; Public sewer connected; Natural gas
• Home design: Condominium (Condo/Co-Op for sale); Part of Hamden Commons complex; 2 levels in unit
• Construction: Frame construction
• Exterior features: Vinyl siding; City views

Interior

• Kitchen: Oven/Range; Range hood; Refrigerator; Dishwasher
• Bedrooms: 1 bedroom (upper level)
• Bathrooms: 1 full bathroom
• Heating & cooling: Hot air heating fueled by natural gas; 50-gallon natural gas hot water tank; Central air
• Interior features: Ceiling fans; Central air; Has attic with access via hatch; No basement
• Laundry & utility: Washer and dryer located in full bathroom on upper level

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $165k.

Deal economics

• At list price, monthly cash flow is $228 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $162k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Hamden School District (suburban): math 30% / reading 43% proficiency, ranked #106 of 153 in CT (top 69%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.6%/yr); 107 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,059 units permitted in South Central Connecticut Planning Region in 2024 (779 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($162k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $100k; list at $165k implies a 65% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 53% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $162,426 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.18% ✓
• Cap rate: 7.96%
• Cash-on-cash: 5.94%
• DSCR: 1.26
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.61% rent growth · sell at horizon

5-year hold

• IRR: -5.0%
• Equity multiple: 0.81×
• Total profit: $-8,821
• Equity at exit: $24,587

10-year hold

• IRR: 6.7%
• Equity multiple: 1.55×
• Total profit: $25,240
• Equity at exit: $14,258

Cash invested: $46,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06514

• Rents YoY: 4.6%
• Active inventory: 107
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,953 high
• Mortgage (P&I): −$865
• Tax from tax record: −$213 /mo · $2,557/yr
• Insurance: −$69
• HOA: −$168
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $228

Break-even live

Break-even rent $1,664

Max offer price $164,900

Occupancy floor 83%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $41,225
• Closing costs: $4,947
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
380 Mather St Hamden, CT	2.0	1.0–2.0	867	$2,635	$3.04	43d	16	0.19mi
1901 Dixwell Ave Hamden, CT	2.0	1.0	660	$1,550	$2.35	2d	1	0.44mi
5 Manila Ave Apt 6 Hamden, CT	1.0	1.0	620	$1,600	$2.58	43d	1	0.46mi
1572 Whitney Ave Hamden, CT	1.0	1.0	725	$2,000	$2.76	23d	1	0.84mi
1 Kaye Plz Hamden, CT	1.0	1.0	660	$1,750	$2.65	2d	1	0.85mi
676 Mix Ave Hamden, CT	2.0	1.0–2.0	810	$1,838	$2.27	2d	1	0.92mi
1204 Whitney Ave Hamden, CT	1.0	1.0	641	$1,900	$2.96	43d	2	1.17mi
1204 Whitney Ave #208 Hamden, CT	1.0	1.0	637	$1,775	$2.79	2d	1	1.17mi
1199 Whitney Ave Hamden, CT	1.0	1.0	586	$1,945	$3.32	2d	5	1.20mi
165 Towne House Rd Unit 165 Hamden, CT	1.0	1.0	631	$1,650	$2.61	43d	1	1.32mi
925 Mix Ave Hamden, CT	2.0	1.0–1.5	830	$2,460	$2.96	2d	3	1.40mi

HOA detail condo

• Monthly dues: $168 · $2,016/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-18
   days on market $164,900 Active 23 DOM
2. 2026-06-17
   days on market $164,900 Active 22 DOM
3. 2026-06-16
   days on market $164,900 Active 21 DOM
4. 2026-06-15
   days on market $164,900 Active 20 DOM
5. 2026-06-14
   days on market $164,900 Active 18 DOM
6. 2026-06-13
   days on market $164,900 Active 17 DOM
7. 2026-06-10
   days on market $164,900 Active 15 DOM
8. 2026-06-09
   days on market $164,900 Active 14 DOM
9. 2026-06-08
   days on market $164,900 Active 13 DOM
10. 2026-06-07
    days on market $164,900 Active 12 DOM
11. 2026-06-05
    days on market $164,900 Active 9 DOM
12. 2026-06-03
    days on market $164,900 Active 8 DOM
13. 2026-06-03
    days on market $164,900 Active 7 DOM
14. 2026-06-01
    days on market $164,900 Active 6 DOM
15. 2026-05-31
    days on market $164,900 Active 5 DOM
16. 2026-05-26
    listed $164,900 Active
17. 2026-04-23
    soldstatus $100,000 Closed 845-char remark

    Show marketing remark (845 chars)

    Unique and versatile condo featuring an open-concept layout with soaring ceilings and abundant natural light. The main level offers a spacious living and dining area with flexible use, along with an efficient galley kitchen that provides ample cabinet space and a convenient pass-through to the living area. The upper-level loft serves as the primary bedroom and includes a full bathroom, creating a private retreat overlooking the main living space. Additional features include in-unit laundry, dedicated parking space with visitor parking close by, a storage unit, and low HOA fees. Ideally located on Dixwell Avenue in Hamden, just minutes to shopping, restaurants, public transportation, New Haven, and the Merritt Parkway, making commuting and everyday living easy and convenient. A great opportunity for owner-occupants or investors alike!

18. 2026-03-27
    status Under Contract 845-char remark

    Show marketing remark (845 chars)

    Unique and versatile condo featuring an open-concept layout with soaring ceilings and abundant natural light. The main level offers a spacious living and dining area with flexible use, along with an efficient galley kitchen that provides ample cabinet space and a convenient pass-through to the living area. The upper-level loft serves as the primary bedroom and includes a full bathroom, creating a private retreat overlooking the main living space. Additional features include in-unit laundry, dedicated parking space with visitor parking close by, a storage unit, and low HOA fees. Ideally located on Dixwell Avenue in Hamden, just minutes to shopping, restaurants, public transportation, New Haven, and the Merritt Parkway, making commuting and everyday living easy and convenient. A great opportunity for owner-occupants or investors alike!

19. 2026-03-19
    listed $125,000 Active 845-char remark

    Show marketing remark (845 chars)

    Unique and versatile condo featuring an open-concept layout with soaring ceilings and abundant natural light. The main level offers a spacious living and dining area with flexible use, along with an efficient galley kitchen that provides ample cabinet space and a convenient pass-through to the living area. The upper-level loft serves as the primary bedroom and includes a full bathroom, creating a private retreat overlooking the main living space. Additional features include in-unit laundry, dedicated parking space with visitor parking close by, a storage unit, and low HOA fees. Ideally located on Dixwell Avenue in Hamden, just minutes to shopping, restaurants, public transportation, New Haven, and the Merritt Parkway, making commuting and everyday living easy and convenient. A great opportunity for owner-occupants or investors alike!

20. 2025-04-10
    historical $1,700
21. 2025-04-07
    price $1,700
22. 2025-03-24
    price $1,800
23. 2025-03-16
    listed $2,000
24. 2022-01-04
    soldstatus $84,000 Closed 868-char remark

    Show marketing remark (868 chars)

    This one won't last long! Fabulous Well Maintained Light and Bright 1 bedroom loft style condo is perfect for an owner occupant or investor. The main level features a galley kitchen and open LR/Dr combo and a nice size storage closet. The 2nd floor offers a large bedroom with a walk-in closet and full bath with laundry. Gas Heat, Central air, (C/A Unit is 1 year old). Washer/Dryer combo in the unit. 1 car assigned parking and low condo fees. Close proximity to the Merritt Parkway, Quinnipiac University, Southern Ct University, Albertus Magnus and minutes to downtown New Haven. Owner occupant condo fees are $170/month. Tenant occupied are $195/month. The unit shows in field card as B6, but the actual unit is B3. Why rent when you can buy this condo unit and live here for less than $800/month including condo fees. Complex not FHA Approved, Cash or Conv. only

25. 2021-12-01
    historical Under Contract - Continue to Show 868-char remark

    Show marketing remark (868 chars)

    This one won't last long! Fabulous Well Maintained Light and Bright 1 bedroom loft style condo is perfect for an owner occupant or investor. The main level features a galley kitchen and open LR/Dr combo and a nice size storage closet. The 2nd floor offers a large bedroom with a walk-in closet and full bath with laundry. Gas Heat, Central air, (C/A Unit is 1 year old). Washer/Dryer combo in the unit. 1 car assigned parking and low condo fees. Close proximity to the Merritt Parkway, Quinnipiac University, Southern Ct University, Albertus Magnus and minutes to downtown New Haven. Owner occupant condo fees are $170/month. Tenant occupied are $195/month. The unit shows in field card as B6, but the actual unit is B3. Why rent when you can buy this condo unit and live here for less than $800/month including condo fees. Complex not FHA Approved, Cash or Conv. only

26. 2021-11-23
    status Active 868-char remark

    Show marketing remark (868 chars)

    This one won't last long! Fabulous Well Maintained Light and Bright 1 bedroom loft style condo is perfect for an owner occupant or investor. The main level features a galley kitchen and open LR/Dr combo and a nice size storage closet. The 2nd floor offers a large bedroom with a walk-in closet and full bath with laundry. Gas Heat, Central air, (C/A Unit is 1 year old). Washer/Dryer combo in the unit. 1 car assigned parking and low condo fees. Close proximity to the Merritt Parkway, Quinnipiac University, Southern Ct University, Albertus Magnus and minutes to downtown New Haven. Owner occupant condo fees are $170/month. Tenant occupied are $195/month. The unit shows in field card as B6, but the actual unit is B3. Why rent when you can buy this condo unit and live here for less than $800/month including condo fees. Complex not FHA Approved, Cash or Conv. only

27. 2021-11-17
    historical Under Contract - Continue to Show 868-char remark

    Show marketing remark (868 chars)

    This one won't last long! Fabulous Well Maintained Light and Bright 1 bedroom loft style condo is perfect for an owner occupant or investor. The main level features a galley kitchen and open LR/Dr combo and a nice size storage closet. The 2nd floor offers a large bedroom with a walk-in closet and full bath with laundry. Gas Heat, Central air, (C/A Unit is 1 year old). Washer/Dryer combo in the unit. 1 car assigned parking and low condo fees. Close proximity to the Merritt Parkway, Quinnipiac University, Southern Ct University, Albertus Magnus and minutes to downtown New Haven. Owner occupant condo fees are $170/month. Tenant occupied are $195/month. The unit shows in field card as B6, but the actual unit is B3. Why rent when you can buy this condo unit and live here for less than $800/month including condo fees. Complex not FHA Approved, Cash or Conv. only

28. 2021-11-09
    listed $85,500 Active 868-char remark

    Show marketing remark (868 chars)

    This one won't last long! Fabulous Well Maintained Light and Bright 1 bedroom loft style condo is perfect for an owner occupant or investor. The main level features a galley kitchen and open LR/Dr combo and a nice size storage closet. The 2nd floor offers a large bedroom with a walk-in closet and full bath with laundry. Gas Heat, Central air, (C/A Unit is 1 year old). Washer/Dryer combo in the unit. 1 car assigned parking and low condo fees. Close proximity to the Merritt Parkway, Quinnipiac University, Southern Ct University, Albertus Magnus and minutes to downtown New Haven. Owner occupant condo fees are $170/month. Tenant occupied are $195/month. The unit shows in field card as B6, but the actual unit is B3. Why rent when you can buy this condo unit and live here for less than $800/month including condo fees. Complex not FHA Approved, Cash or Conv. only

29. 2003-07-31
    soldstatus $78,500
30. 2003-04-11
    listed $81,000
31. 1996-12-23
    soldstatus $27,900
32. 1989-05-01
    soldstatus $85,000
33. 1988-01-19
    soldstatus $230,000
34. 1987-02-04
    soldstatus $155,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $2,557 · $213/mo
• Projected year-2 tax: $3,043 · $254/mo
• Expected delta: +$486/yr (+$40/mo · 19.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,437
• − Mortgage interest: −$9,237
• − Property taxes: −$2,557
• − Insurance: −$824
• − Repairs & maintenance: −$1,875
• − Management: −$1,875
• − HOA: −$2,016
• − Depreciation: −$4,797
• Taxable income: $256
• Est. tax owed @ 24.0%: −$61
• After-tax cash flow: $2,680/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hamden School District
• NCES district ID: 0901860
• Math proficiency: 30% ▼ -13.00%
• Reading proficiency: 43% ▼ -7.00%
• Median HH income: $68,821
• Composite: 33.34/100
• National rank: #5490
• State rank: #106 of 153 in CT

Livability — Hamden

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: New Haven County · 688,236 people
• City population: 61,150
• Metro: New Haven-Milford, CT
• Population (ZIP): 26,803
• Household income: $88,900
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1228.0

Population outlook (South Central Connecticut County) Hauer SSP2

• By 2040: 608,362

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 43% Black 33% Hispanic / Latino 16% Two or more races 10% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 7% Dominican 2%
• Common ancestry: Romanian 5% German 2% Lithuanian 2%
• Foreign-born: 15% · Canada, Jamaica, China
• Languages at home: 80% English-only · Spanish 10% Arabic 2% Other Indo-European 1%

Political lean MEDSL · South Central Connecticut

• 2024 margin: Strong D (+20.1) · D 59.0% · R 38.9% · Other 2.1%
• All cycles: 2024: D+20.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -222.59%
• Current HPI: 251.556
• Rent YoY: ▲ 4.61%
• Metro: New Haven-Milford, CT
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

+6.4% since first listed

19 events — show timeline

• 2026-05-26 Listed $164,900 Smart MLS
• 2026-04-23 Sold (MLS) $100,000 Smart MLS
• 2026-03-27 Pending — Smart MLS
• 2026-03-19 Listed $125,000 Smart MLS
• 2025-04-10 Rental Removed $1,700 SMARTMLS
• 2025-04-07 Price Changed $1,700 SMARTMLS
• 2025-03-24 Price Changed $1,800 SMARTMLS
• 2025-03-16 Listed for Rent $2,000 SMARTMLS
• 2022-01-04 Sold (MLS) $84,000 Smart MLS
• 2021-12-01 Contingent — Smart MLS
• 2021-11-23 Relisted — Smart MLS
• 2021-11-17 Contingent — Smart MLS
• 2021-11-09 Listed $85,500 Smart MLS
• 2003-07-31 Sold (MLS) $78,500 Smart MLS
• 2003-04-11 Listed $81,000 Smart MLS
• 1996-12-23 Sold (Public Records) $27,900 Public Records
• 1989-05-01 Sold (Public Records) $85,000 Public Records
• 1988-01-19 Sold (Public Records) $230,000 Public Records
• 1987-02-04 Sold (Public Records) $155,000 Public Records

Property tax history

-0.1%/yr

Latest (2023): $2,557 · +1.6% YoY. Source: county tax records.