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Bring your ideas and unlock the potential of this well-located Danbury property, perfect for investors, or buyers looking to customize a home to their own style. Situated in an established neighborhood, 15 Bear Mountain Road offers a solid layout and desirable features. The home includes a primary bedroom with its own private bathroom, providing a great foundation for a comfortable retreat. The finished lower level expands the living space and features a fireplace, ideal for creating a cozy family room or entertainment area. A screened-in back porch overlooks the backyard, offering a peaceful setting with great potential for outdoor enjoyment. While the property is in need of TLC, it presents an excellent opportunity to add value and build equity. Conveniently located near shopping, dining, and major commuter routes, this home combines location with untapped potential.
| Type | Description | Level |
|---|---|---|
| Bedroom 1 | Upper | |
| Bedroom 2 | Upper | |
| Dining Room | Main | |
| Family Room | Fireplace | Lower |
| Full Bath | Main | |
| Living Room | Main | |
| Primary Bath | Main | |
| Primary Bedroom | Upper |
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William Raveis Real Estate
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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 | $336,000 | $336,000 | $336,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $562 | $562 | $562 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,069 | $2,151 | $2,813 |
| Total Monthly Payment | $2,706 | $2,788 | $3,450 |
* 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.