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Welcome to 40 Hakim St Ext in Danbury a property filled with opportunity and ready for its next chapter. This 4 bedroom, 2 full bathroom home offers generous living space with a functional and versatile layout, ideal for both investors and owner occupants seeking to build equity. Nestled on a quiet dead end street, the property provides added privacy and a peaceful setting. The level lot features a fully fenced backyard with ample space for outdoor entertaining, making it an excellent option for those who enjoy hosting gatherings, relaxing, or accommodating pets. A large shed further enhances the property, offering substantial storage or potential for a workshop or creative space. The home was renovated approximately three years ago and has been tenant occupied since. Key updates completed at that time include the roof, furnace, and water heater, all approximately three years old, providing added value and peace of mind. Tenants will vacate prior to closing, ensuring a smooth transition for the next owner. With solid fundamentals, recent improvements, and significant upside potential, this property presents a compelling opportunity in a desirable location.
| Type | Level |
|---|---|
| Bedroom 1 | Main |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $390 | $390 | $390 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,314 | $2,409 | $3,171 |
| Total Monthly Payment | $2,779 | $2,874 | $3,636 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.