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40-44 Briarwood Lane

Branford, Connecticut 06405

PENDING$4,000,000
Beds
33
Baths
18
SqFt
18,705
Acres
3.64
Year Built
1969
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to the Evergreen Court Apartments - an 18-unit brick garden-style community in Branford's thriving shoreline rental market! This well-maintained three-story building features a great unit mix of 15 two-bedrooms and 3 one-bedrooms, with interiors updated throughout the years - bright kitchens, refreshed baths, and modern finishes that command solid Class-B rents! All tenant-paid electric utilities contribute to a lean expense profile and make for a clean, easy-to-operate asset. Find upside ahead through continued unit upgrades, mark-to-market on remaining below-market rents, and the opportunity to add outdoor amenities like a dog park, patio, or resident gathering space. Coin-op laundry, basement tenant storage, and two parking spots per unit round out the appeal! Tenants love the quiet residential setting on over 3 acres, with direct I-95 access, Metro-North Shore Line East rail nearby, and a short drive to New Haven, Yale, and shoreline employment hubs. Plus, it's a mile to the beach and less than two to Branford Green! Branford's historically low vacancy and durable renter base make this a fantastic addition to any portfolio.

Key Facts

City/Town
Branford
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1969
Days on Market
104 days
Beds
33
Baths
18 full
Living Area
18,705 sq ft
Lot Size
3.64 acres
Property Taxes
$27,578 / Annually

Market Snapshot

The Branford Market

Multi-Family · trailing 12 months

Median Days on Market

41

3 active listings

Median $ / Sq Ft

$329

3 active listings

Sale-to-List Ratio

100.0%

15 sales

How this home compares

List Price

$4.00M

vs $799,000 median

5.0× the median

Price / Sq Ft

$214

vs $329 median

35.0% below median

Days on Market

104 days

vs 41 days median

63 days longer than median

Based on 3 active and 15 closed sales (trailing 12 mo) of multi-family in Branford. Source: SmartMLS · As of August 26, 2026.

Location

40-44 Briarwood Lane, Branford, Connecticut

Property + 8 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: indicative defaults
$24,174

per month

  • Principal & Interest$20,543
  • Property Taxes$2,298
  • Insurance$1,333
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Branford
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Units on different Floors
Year Built
1969
New Construction
No/Resale
Living Area
18,705 sq ft

Schools

Elementary
Per Board of Ed
High
Branford

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Wall Unit
Laundry
Coin Op Laundry
Basement
FullFully FinishedFull With Walk-Out

Exterior & Lot

Lot Size
3.64 acres
Zoning
MF
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Color
Brick
Roof
Asphalt ShingleGable
Foundation
Brick
Lot Description
N/A

Listing & Financials

Property Taxes
$27,578 / Annually
Days on Market
104
MLS #
24174057
MLS Status
Under Contract

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Lisa Cozzi

(860) 508-2102

Century 21 AllPoints Realty

(860) 263-2121

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/26/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 8/26/2026 at 8:05 PM UTC.