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Historic Danbury Three-Family Home - Family Owned for 78 Years A rare opportunity to own a truly historic piece of Danbury history. Built in 1894, this is believed to be the only home constructed in Danbury during that year - a property filled with character, longevity, and pride of ownership. This well-maintained three-family home has remained in the same family for nearly eight decades and features dependable long-term tenants, making it an excellent investment opportunity or owner-occupied property. The current property manager has successfully managed the home for the past 23 years and is available to continue for a seamless transition. The spacious upper apartment offers: 3 bedrooms Living room Dining room Cozy kitchen Recent improvements include: New concrete basement floor Newly renovated kitchen in the front apartment Energy-efficient replacement windows throughout Relatively new hot water heaters Vinyl siding Newer roof Situated on a generous lot, this property stands out as one of the few homes on the street with its own private driveway in addition to street parking. Conveniently located near shopping, schools, parks, the library, public transportation, and major conveniences, the home offers both accessibility and neighborhood charm. This is more than just a house - it is a home that has been loved and cared for by one family for generations. While difficult to part with, it is time for a new family to continue its stewardship and create the next Historic Danbury Three-Family Home - Family Owned for 78 Years A rare opportunity to own a truly historic piece of Danbury history. Built in 1894, this is believed to be the only home constructed in Danbury during that year - a property filled with character, longevity, and pride of ownership. This well-maintained three-family home has remained in the same family for nearly eight decades and features dependable long-term tenants, making it an excellent investment opportunity or owner-occupied property. The current property manager has successfully managed the home for the past 23 years and is available to continue for a seamless transition. The spacious upper apartment offers: 3 bedrooms Living room Dining room Cozy kitchen Recent improvements include: New concrete basement floor Newly renovated kitchen in the front apartment Energy-efficient replacement windows throughout Relatively new hot water heaters Vinyl siding Newer roof Situated on a generous lot, this property stands out as one of the few homes on the street with its own private driveway in addition to street parking. Conveniently located near shopping, schools, parks, the library, public transportation, and major conveniences, the home offers both accessibility and neighborhood charm. This is more than just a house - it is a home that has been loved and cared for by one family for generations. While difficult to part with, it is time for a new family to continue its stewardship and create the next chapter in its history.
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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 | $639,920 | $639,920 | $639,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $749 | $749 | $749 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,837 | $3,992 | $5,314 |
| Total Monthly Payment | $4,678 | $4,833 | $6,155 |
* 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.