10 Hamden Hills Drive

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10 Hamden Hills Drive

Hamden, CT 06518
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This residential land parcel spans 5.19 acres in Hamden.
  • The property is currently available for purchase in Connecticut.
  • The site sits within a well-established suburban residential market.
  • This acreage is suitable for custom home or residential development.
  • Hamden offers proximity to major New Haven area regional employers.

What's Special

Developing residential housing on this 5.19-acre parcel at 10 Hamden Hills Drive offers a strategic opportunity in a well-established Connecticut market. The site provides ample space for a single-family home project or a customized residential estate, fitting seamlessly into the surrounding neighborhood character of Hamden. This area benefits from proximity to regional transit arteries and the educational and medical hubs associated with the greater New Haven economy, making it a viable location for long-term residential investment. Prospective builders or developers will find a sizable footprint that accommodates diverse site planning and architectural configurations. The plot's dimensions and local accessibility position it for residential growth in a mature suburban setting that remains in steady demand among professionals and families seeking proximity to institutional employers. Its scale allows for thoughtful site development that maximizes the available acreage while integrating with the existing landscape of Hamden.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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