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15 Donna Drive #B4

New Haven, Connecticut 06513

ACTIVE$109,000
Beds
1
Baths
1
SqFt
726
Year Built
1967
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Excellent turnkey investment opportunity! This well-maintained 1-bedroom, 1-bath condominium in the desirable Ridgeview Condominiums is a fantastic addition to any investment portfolio. Currently generating $1,300 per month in rental income, the unit is leased through March 1, 2027, providing immediate and reliable cash flow. The seller will reimburse the prepaid rent from the closing date through the end of the current lease term, allowing the new owner to receive the economic benefit of the remaining lease immediately. Residents enjoy convenient on-site laundry facilities and an exceptional location just minutes from Yale University and Yale New Haven Hospital (approximately 10 minutes), Southern Connecticut State University (approximately 15 minutes), and the University of New Haven (approximately 15 minutes). The property also offers easy access to beaches, shopping, dining, public transportation, and major highways, making it highly desirable for tenants. Whether you're a seasoned investor or purchasing your first income-producing property, this condo offers immediate cash flow, a prime location, and outstanding long-term investment potential.

Key Facts

City/Town
New Haven
Neighborhood
N/A
Property / Style
Condo · Apartment
Year Built
1967
Days on Market
26 days
Beds
1
Baths
1 full
Living Area
726 sq ft
Property Taxes
$1,153 / Annually
HOA Fee
$361 / Monthly

Market Snapshot

The New Haven Market

Condo · trailing 12 months

Median Days on Market

63

44 active listings

Median $ / Sq Ft

$259

44 active listings

Sale-to-List Ratio

100.0%

146 sales

How this home compares

List Price

$109,000

vs $262,500 median

58.5% below median

Price / Sq Ft

$150

vs $259 median

42.1% below median

Days on Market

26 days

vs 63 days median

37 days fresher than median

Based on 44 active and 146 closed sales (trailing 12 mo) of condo in New Haven. Source: SmartMLS · As of July 28, 2026.

Location

15 Donna Drive #B4, New Haven, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,049

per month

  • Principal & Interest$556
  • Property Taxes$96
  • Insurance$36
  • HOA$361

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

Location

City/Town
New Haven
Neighborhood
N/A
County
New Haven

Residence

Property Type
Condo
Subtype
Condominium
Style
Apartment
Year Built
1967
New Construction
No/Resale
Living Area
726 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
None
Appliances
Electric RangeRefrigerator
Basement
None

Exterior & Lot

Zoning
RM1
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Lot Description
N/A

HOA / Association

Fee
$361 / Monthly

Listing & Financials

Property Taxes
$1,153 / Annually
Days on Market
26
MLS #
24188596
MLS Status
Active

Similar Properties

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Listed By

Fatih Bahat

(203) 361-6053

Coldwell Banker Realty

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

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. 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 7/28/2026 at 7:01 AM UTC.