NOT LISTED FOR SALE

Estimated Value: $345,000 - $428,000

6 Beds
6 Baths
3,276 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $485,000 $148 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,356/month

128 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Level Lot
  • No HOA
  • Baseboard Heating
  • 3-minute walk to Elmwood Park

About This Home

As of May 2018

Excellent Investment Opportunity! Rare 6 Family Apartment Building. If you are looking for an Income-Producing Investment look no further! Not your ordinary Multifamily, this Unique Find is a 6 Unit Building that is Fully Tenanted! The majority of tenants are long-term tenants, some there as many as 20 years! Reasonable Taxes, only $8,720. Located on a residential street, within walking distance of Downtown Danbury, Public Transportation & Metro North and only minutes from I-84, Local Restaurants, Shopping & more!

Last Agent to Sell the Property

Laura Testa

Kiwi Homes License #REB.0795300 Listed on: 10/16/2017

Last Buyer's Agent

David Vieira

Rebelo Realty LLC License #REB.0756826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,720

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,276 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Park Avenue Elementary School
  • Rogers Park Middle School
  • Danbury High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Public Transportation
  • Gross Income $59,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,720

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3276
  • Public Record Living Room Sq Ft: 3276
  • Total Sq Ft: 3276
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5040
  • Directions: Take Main St to West , then turn on Foster
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Partial, Unfinished
  • Attic: No
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Park Avenue
  • Middle School: Rogers Park
  • High School: Danbury

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: R3

Multi Family

  • Gross Annual Income: 59112
  • Net Operating Income: 40749
  • Unit Count: 6
  • Total Multi Family: 16
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 8720
  • Total Assessed Value: 301200
  • Mil Rate Base: 28.950
  • Mil Rate Total: 28.950
  • Assessor Parcel Number: 80898

MLS Schools

  • Elementary School: Park Avenue
  • Middle Jr High School: Rogers Park
  • High School: Danbury

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Rogers David and Rogers Stephanie
Bought by
Cataldo Edward
Current Estimated Value
$375,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$263,784
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,008

Purchase Details

Closed on
Jul 14, 2020
Sold by
Calver Victoria H
Bought by
Rogers Stephanie and Rogers David

Purchase Details

Closed on
Aug 1, 2007
Sold by
Ross Bruce M and Ross Lynda J
Bought by
Calver Victoria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cataldo Edward $290,000 None Available
Rogers Stephanie $217,500 None Available
Calver Victoria H $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cataldo Edward $275,500
Previous Owner Calver Victoria H $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $485,000 -17.1% $148 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
10/16/2017 10/16/17 For Sale $585,000 -- $179 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,620 $184,870 $0 $184,870
2024 $4,518 $184,870 $0 $184,870
2023 $4,313 $184,870 $0 $184,870
2022 $3,779 $133,900 $0 $133,900
2021 $3,696 $133,900 $0 $133,900
2020 $3,696 $133,900 $0 $133,900
2019 $3,696 $133,900 $0 $133,900
2018 $3,696 $133,900 $0 $133,900
2017 $4,050 $139,900 $0 $139,900
2016 $4,012 $139,900 $0 $139,900
2015 $3,954 $139,900 $0 $139,900
2014 $3,861 $139,900 $0 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170021404

SmartMLS

APN: DANB-000014I-000000-000128-000002