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550 Prospect Street #8

New Haven, Connecticut 06511

PENDING$325,000

Reduced from $339,000

Beds
2
Baths
1 | 1
SqFt
1,000
Year Built
1964
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

A rarely available townhouse in highly sought after Prospect Hill/Yale University area of New Haven that offers the perfect blend of privacy, style, and convenience. The spacious multi-level layout provides comfortable living and entertaining spaces with the feel of a single family home and the ease of condominium living. Freshly painted & refinished hardwood floors throughout, this home features an open layout with the living/dining room, half bath, and open tile kitchen with fresh updates. Upstairs you will find 2 spacious bedrooms with brand-new wall A/C units and an updated full tile bath. A private basement offers excellent bonus space, ideal for a den, home office, gym, or additional living area, and includes your own private laundry and abundant storage. Ideally located just minutes from Yale University, Yale New Haven Hospital, East Rock Park, Downtown New Haven, neighborhood cafes, restaurants, and major commuter routes. A unique opportunity to own a townhouse style home in one of New Haven's most desirable neighborhoods!

Key Facts

City/Town
New Haven
Neighborhood
East Rock
Property / Style
Condo · Townhouse
Year Built
1964
Days on Market
99 days
Beds
2
Baths
1 full · 1 half
Living Area
1,000 sq ft
Garage / Parking
1 total
Property Taxes
$5,609 / Annually
HOA Fee
$280 / Monthly

Market Snapshot

The New Haven Market

Condo · trailing 12 months

Median Days on Market

57

49 active listings

Median $ / Sq Ft

$226

49 active listings

Sale-to-List Ratio

100.0%

148 sales

How this home compares

List Price

$325,000

vs $275,000 median

18.2% above median

Price / Sq Ft

$325

vs $226 median

43.8% above median

Days on Market

99 days

vs 57 days median

42 days longer than median

Based on 49 active and 148 closed sales (trailing 12 mo) of condo in New Haven. Source: SmartMLS · As of September 30, 2026.

Location

550 Prospect Street #8, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,590

per month

  • Principal & Interest$1,735
  • Property Taxes$467
  • Insurance$108
  • HOA$280

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

Location

City/Town
New Haven
Neighborhood
East Rock
County
New Haven

Residence

Property Type
Condo
Subtype
Condominium
Style
Townhouse
Year Built
1964
New Construction
No/Resale
Living Area
1,000 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Wall Unit
Laundry
Lower Level
Laundry Location
washer & dryer in private basement
Appliances
Gas RangeOven/RangeRefrigeratorDishwasherWasherDryer
Basement
FullStorageInterior AccessPartially Finished
Interior Features
Cable - Pre-wired
Additional Rooms
Laundry Room

Exterior & Lot

Zoning
RM2
Garage / Parking
1 total parking spaceOff Street ParkingAssigned Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl SidingBrick
Exterior Features
Sidewalk
Lot Description
Level Lot

HOA / Association

Fee
$280 / Monthly

Listing & Financials

Property Taxes
$5,609 / Annually
Days on Market
99
MLS #
24175858
MLS Status
Under Contract

Similar Properties

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

Listed By

Melanie Gunn

(203) 216-1728

Coldwell Banker Realty

(203) 389-0015

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/30/2026. 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 9/30/2026 at 11:40 PM UTC.