12 Darien Rd · New Fairfield, CT 06812

$489,000

5 bd · 2.0 ba · 1,628 sqft · SingleFamily public records · 46 Days on market

Built 1960 0.25 ac lot $300/sqft · at area comps Est $500k · at est.

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.9/30.0
• ARV discount +8.5/15.0
• Schools +5.5/10.0
• DSCR +3.5/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled in a tranquil neighborhood, 12 Darien Rd invites you to experience the perfect harmony of comfort and convenience. This home boasts over 1,600 square feet of living space, complemented by a finished basement featuring an additional kitchen, full bathroom, and two bedrooms with its own private walkout entrance-ideal for multi-generational living or guest accommodations. Step into the open-concept main level, where a spacious living room flows seamlessly into a bright, welcoming kitchen, perfect for modern living and entertaining. The generously sized bedrooms provide restful retreats, while the front and backyard offers plenty of space for outdoor relaxation and gathering Located just a short stroll from Putnam Lake, this New Fairfield gem combines serene surroundings with proximity to local amenities, schools, parks, shopping, and dining. Its prime location near the New York state line also ensures quick access to major highways, making it a commuter's dream. Don't miss the chance to make this charming property your own-a blend of timeless charm and practical versatility awaits you!

Key facts

• Office space
• Wet bar
• Laundry room

Tags

• LAUNDRY ROOM
• WET BAR
• COVERED SIDE AND REAR PATIO
• OFFICE SPACE
• RECREATION SPACE
• HOBBY SPACE

Property features AI

Exterior

• Utilities: Private well water; Septic sewer
• Home design: Single-family home
• Construction: Frame construction; Block and concrete foundation; Shingle roof
• Exterior features: Level lot; Vinyl siding and brick exterior

Interior

• Kitchen: Electric range; Range hood; Refrigerator
• Bedrooms: 5 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Hot water heating (oil fuel); Window unit cooling; Above-ground fuel tank
• Interior features: 12 total rooms; Partial, full basement that is fully finished with a walk-out; Attic with pull-down stairs
• Laundry & utility: Electric hot water

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $489k.

Deal economics

• At list price, monthly cash flow is $-122 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $468k (4.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $393k (19.7% below list).
• Recommended offer: $393k (19.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• New Fairfield School District (suburban): math 53% / reading 66% proficiency, ranked #41 of 153 in CT (top 27%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
• Zoned schools: Meeting House Hill School (math 53% / reading 58%, grade C, #191 of 553 statewide, top 35%, 458 students, 19% FRL); New Fairfield High School (math 57% / reading 77%, grade B, #26 of 194 statewide, top 16%, 686 students, 15% FRL).
• Market conditions: 82 active listings in the ZIP; 1,151 units permitted in Western Connecticut Planning Region in 2024 (714 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $15k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($474k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $61k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $332k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $392,813 (19.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 5.99%
• Cash-on-cash: -1.07%
• DSCR: 0.95
• GRM: 10.4

CMA / ARV

• ARV (median comp): $500,198
• List price: $489,000
• Delta: -2.24%
• Verdict: FAIR
• Comps: 18 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9 Schermerhorn Dr	0.47mi	4/2.0 (-1)	1,414 (-13%)	12mo	$475,000	$336	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.1%
• Equity multiple: 0.36×
• Total profit: $-87,022
• Equity at exit: $72,911

10-year hold

• IRR: -10.3%
• Equity multiple: 0.37×
• Total profit: $-85,899
• Equity at exit: $42,280

Cash invested: $136,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06812

• Home prices YoY: -34.2%
• Active inventory: 82
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $3,928 medium
• Mortgage (P&I): −$2,564
• Tax from tax record: −$457 /mo · $5,481/yr
• Insurance: −$204
• HOA: −$0
• Vacancy / Maint / Mgmt: −$825
• Net cashflow: $-122

Break-even live

Break-even rent $4,082

Max offer price $467,511

Occupancy floor 98%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $122,250
• Closing costs: $14,670
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $489,000 Active 46 DOM
2. 2026-06-17
   days on market $489,000 Active 45 DOM
3. 2026-06-16
   days on market $489,000 Active 44 DOM
4. 2026-06-15
   days on market $489,000 Active 43 DOM
5. 2026-06-13
   days on market $489,000 Active 41 DOM
6. 2026-06-13
   days on market $489,000 Active 40 DOM
7. 2026-06-10
   days on market $489,000 Active 38 DOM
8. 2026-06-09
   days on market $489,000 Active 37 DOM
9. 2026-06-08
   pricedays on market $489,000 Active 36 DOM
10. 2026-06-07
    days on market $499,000 Active 35 DOM
11. 2026-06-03
    days on market $499,000 Active 31 DOM
12. 2026-06-03
    days on market $499,000 Active 30 DOM
13. 2026-06-01
    days on market $499,000 Active 29 DOM
14. 2026-05-31
    days on market $499,000 Active 28 DOM
15. 2026-05-08
    price $540,000 1401-char remark
16. 2026-04-23
    listed $550,000 Active 1401-char remark
17. 2025-02-28
    soldstatus $332,500 Closed 1107-char remark

    Show marketing remark (1107 chars)

    Nestled in a tranquil neighborhood, 12 Darien Rd invites you to experience the perfect harmony of comfort and convenience. This home boasts over 1,600 square feet of living space, complemented by a finished basement featuring an additional kitchen, full bathroom, and two bedrooms with its own private walkout entrance-ideal for multi-generational living or guest accommodations. Step into the open-concept main level, where a spacious living room flows seamlessly into a bright, welcoming kitchen, perfect for modern living and entertaining. The generously sized bedrooms provide restful retreats, while the front and backyard offers plenty of space for outdoor relaxation and gathering Located just a short stroll from Putnam Lake, this New Fairfield gem combines serene surroundings with proximity to local amenities, schools, parks, shopping, and dining. Its prime location near the New York state line also ensures quick access to major highways, making it a commuter's dream. Don't miss the chance to make this charming property your own-a blend of timeless charm and practical versatility awaits you!

18. 2025-01-28
    historical Under Contract - Continue to Show 1107-char remark

    Show marketing remark (1107 chars)

    Nestled in a tranquil neighborhood, 12 Darien Rd invites you to experience the perfect harmony of comfort and convenience. This home boasts over 1,600 square feet of living space, complemented by a finished basement featuring an additional kitchen, full bathroom, and two bedrooms with its own private walkout entrance-ideal for multi-generational living or guest accommodations. Step into the open-concept main level, where a spacious living room flows seamlessly into a bright, welcoming kitchen, perfect for modern living and entertaining. The generously sized bedrooms provide restful retreats, while the front and backyard offers plenty of space for outdoor relaxation and gathering Located just a short stroll from Putnam Lake, this New Fairfield gem combines serene surroundings with proximity to local amenities, schools, parks, shopping, and dining. Its prime location near the New York state line also ensures quick access to major highways, making it a commuter's dream. Don't miss the chance to make this charming property your own-a blend of timeless charm and practical versatility awaits you!

19. 2025-01-24
    price $332,500 1107-char remark

    Show marketing remark (1107 chars)

    Nestled in a tranquil neighborhood, 12 Darien Rd invites you to experience the perfect harmony of comfort and convenience. This home boasts over 1,600 square feet of living space, complemented by a finished basement featuring an additional kitchen, full bathroom, and two bedrooms with its own private walkout entrance-ideal for multi-generational living or guest accommodations. Step into the open-concept main level, where a spacious living room flows seamlessly into a bright, welcoming kitchen, perfect for modern living and entertaining. The generously sized bedrooms provide restful retreats, while the front and backyard offers plenty of space for outdoor relaxation and gathering Located just a short stroll from Putnam Lake, this New Fairfield gem combines serene surroundings with proximity to local amenities, schools, parks, shopping, and dining. Its prime location near the New York state line also ensures quick access to major highways, making it a commuter's dream. Don't miss the chance to make this charming property your own-a blend of timeless charm and practical versatility awaits you!

20. 2024-12-20
    listed $350,000 Active 1107-char remark

    Show marketing remark (1107 chars)

    Nestled in a tranquil neighborhood, 12 Darien Rd invites you to experience the perfect harmony of comfort and convenience. This home boasts over 1,600 square feet of living space, complemented by a finished basement featuring an additional kitchen, full bathroom, and two bedrooms with its own private walkout entrance-ideal for multi-generational living or guest accommodations. Step into the open-concept main level, where a spacious living room flows seamlessly into a bright, welcoming kitchen, perfect for modern living and entertaining. The generously sized bedrooms provide restful retreats, while the front and backyard offers plenty of space for outdoor relaxation and gathering Located just a short stroll from Putnam Lake, this New Fairfield gem combines serene surroundings with proximity to local amenities, schools, parks, shopping, and dining. Its prime location near the New York state line also ensures quick access to major highways, making it a commuter's dream. Don't miss the chance to make this charming property your own-a blend of timeless charm and practical versatility awaits you!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $5,481 · $457/mo
• Projected year-2 tax: $7,973 · $664/mo
• Expected delta: +$2,492/yr (+$208/mo · 45.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,138
• − Mortgage interest: −$27,392
• − Property taxes: −$5,481
• − Insurance: −$2,445
• − Repairs & maintenance: −$3,771
• − Management: −$3,771
• − Depreciation: −$14,225
• Taxable loss: −$9,948
• Est. tax savings @ 24.0%: +$2,387
• After-tax cash flow: $928/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: New Fairfield School District
• NCES district ID: 0902730
• Math proficiency: 53% ▼ -11.00%
• Reading proficiency: 66% ▼ -8.00%
• Median HH income: $99,909
• Composite: 55.38/100
• National rank: #1253
• State rank: #41 of 153 in CT

Livability — New Fairfield

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Ball Pond, CT
• Population (ZIP): 13,558

Population outlook (Western Connecticut County) Hauer SSP2

• By 2040: 685,031

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Hispanic / Latino 13% Two or more races 8% Black 4% Asian 2%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 4% Iranian 3% Scotch-Irish 2%
• Foreign-born: 12% · Canada, Jamaica, Mexico
• Languages at home: 86% English-only · Spanish 9% Other Indo-European 2% German/W. Germanic 1%

Political lean MEDSL · Western Connecticut

• 2024 margin: D (+19.1) · D 58.8% · R 39.7% · Other 1.6%
• All cycles: 2024: D+19.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -123.77%
• Current HPI: 238.3277
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

+39.7% since first listed

10 events — show timeline

• 2026-06-08 Price Changed $489,000 Smart MLS
• 2026-05-28 Price Changed $499,000 Smart MLS
• 2026-05-28 Relisted — Smart MLS
• 2026-05-19 Listing Removed — Smart MLS
• 2026-05-08 Price Changed $540,000 Smart MLS
• 2026-04-23 Listed $550,000 Smart MLS
• 2025-02-28 Sold (MLS) $332,500 Smart MLS
• 2025-01-28 Contingent — Smart MLS
• 2025-01-24 Price Changed $332,500 Smart MLS
• 2024-12-20 Listed $350,000 Smart MLS

Property tax history

+2.8%/yr

Latest (2022): $5,481 · +3.1% YoY. Source: county tax records.