126 Triangle St Unit B13 · Danbury, CT 06810

$255,000

2 bd · 2.0 ba · 1,018 sqft · Condo public records · 48 Days on market

Built 1973 $250/sqft · 22% below area Est $328k · 22% under $424/mo HOA · 18% of rent

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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).

• ARV discount +15.0/15.0
• Cash flow +9.0/30.0
• 1% rule +4.3/10.0
• Livability +3.8/5.0
• Rent growth +3.3/5.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Attention Investors and homeowners: don't miss this great opportunity to own a spacious two-bedroom, two full-bath condo in excellent condition and a prime location. This unit features a bright, open layout, ample parking, and a convenient storage room located right next to the unit entrance. Ideally situated near I-84, shopping, schools, restaurants, and many other amenities. Property is being sold as-is. Inspections are for informational purposes only.

Key facts

• Ample parking
• $424 HOA
• 2 parking spots

Tags

• AMPLE PARKING
• CONVENIENT STORAGE ROOM

Property features AI

Finance

• Other: Pets not allowed
• HOA & community: Homeowners association with monthly fee; Monthly HOA fee: $424; HOA covers grounds maintenance, trash pickup, snow removal, property management, and pest control

Exterior

• Parking: 2 parking spaces (unassigned)
• Utilities: Public water connected; Public sewer connected
• Home design: Condominium in a multi-unit complex (The Lions)
• Construction: Frame and brick construction
• Exterior features: Brick siding; Deck; Level lot; In-ground swimming pool (community)

Interior

• Kitchen: Appliance allowance (details to be provided)
• Bedrooms: 2 bedrooms (unit is on 3rd floor)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Split system cooling; Electric heat with baseboard and hot air
• Interior features: 5 total rooms; Single-level unit (1 story); No basement
• Laundry & utility: Hot water from 30- and 40-gallon tanks

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $255k.

Deal economics

• At list price, monthly cash flow is $-258 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $209k (17.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (7.0% below list).
• Recommended offer: $209k (17.9% below list) — sets the bar for cash-flow.
• Cap rate 5.3% vs local median 3.6% in Danbury — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 76/100 on livability (#51 in CT, #3,379 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools D+, amenities F, cost of living F.
• Danbury School District (urban): math 19% / reading 32% proficiency, ranked #131 of 153 in CT (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: Rents rising (+3.1%/yr); 197 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,151 units permitted in Western Connecticut Planning Region in 2024 (714 in 5+ unit buildings).
• This rent runs 37% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 48 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: major flood risk; moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $209,396 (17.9% 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 48 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. 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?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.93% ✗
• Cap rate: 5.34%
• Cash-on-cash: -3.41%
• DSCR: 0.85
• GRM: 9.0

CMA / ARV

• ARV (median comp): $328,441
• List price: $255,000
• Delta: -22.36%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.08% rent growth · sell at horizon

5-year hold

• IRR: -23.4%
• Equity multiple: 0.20×
• Total profit: $-57,309
• Equity at exit: $38,021

10-year hold

• IRR: -17.5%
• Equity multiple: 0.03×
• Total profit: $-69,220
• Equity at exit: $22,048

Cash invested: $71,400 (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 06810

• Rents YoY: 3.1%
• Active inventory: 197
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,372 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$209 /mo · $2,510/yr
• Insurance: −$106
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$424
• Vacancy / Maint / Mgmt: −$498
• Net cashflow: $-258

Break-even live

Break-even rent $2,699

Max offer price $209,396

Occupancy floor —

Sensitivity live

Price	-10% $-114	-5% $-186	+0% $-258	+5% $-330	+10% $-403
Rent	-10% $-446	-5% $-352	+0% $-258	+5% $-164	+10% $-71
Rate	-1.0pp $-130	-0.5pp $-193	base $-258	+0.5pp $-324	+1.0pp $-391

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: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
126 Triangle St Danbury, CT	1.0–2.0	1.0–2.0	827	$2,100	$2.54	20d	2	0.01mi
126 Triangle St Unit A5 Danbury, CT	2.0	2.0	1018	$2,100	$2.06	15d	1	0.01mi
62 Chestnut Street Ext Danbury, CT	2.0	1.5	1200	$2,820	$2.35	4d	3	0.24mi
38 Homestead Ave Unit 2 Danbury, CT	2.0	1.0	1000	$2,200	$2.20	22d	1	0.51mi
5 8th Ave Danbury, CT	2.0	1.0	1200	$2,300	$1.92	45d	1	0.51mi
34 James St Unit A Danbury, CT	2.0	1.5	900	$2,300	$2.56	45d	1	0.52mi
34 James St Unit A Danbury, CT	2.0	1.5	900	$2,300	$2.56	11d	1	0.52mi
14 Newtown Rd Unit B5 Danbury, CT	1.0	1.0	868	$1,840	$2.12	45d	1	0.54mi
76 Town Hill Ave Unit D Danbury, CT	2.0	1.0	870	$2,450	$2.82	45d	1	0.57mi
15 Bates Pl Unit 11A Danbury, CT	1.0	1.5	850	$2,020	$2.38	15d	1	0.64mi
8 Wixted Ave Danbury, CT	3.0	2.0	1207	$3,300	$2.73	45d	1	0.69mi
5 Woodside Ave Unit E52 Danbury, CT	2.0	1.0	888	$2,450	$2.76	13d	1	0.74mi
151 Shelter Rock Rd #46 Danbury, CT	1.0	1.0	852	$2,150	$2.52	45d	1	0.74mi
9 E Broad St #1 Danbury, CT	3.0	2.0	1280	$2,750	$2.15	13d	1	0.81mi
15 Gallagher Ln Danbury, CT	3.0	2.0	1280	$2,745	$2.14	4d	1	0.84mi
68 Grand St Danbury, CT	3.0	1.0	1480	$1,900	$1.28	4d	1	0.89mi
157 Shelter Rock Rd #39 Danbury, CT	2.0	1.5	1142	$2,500	$2.19	12d	1	0.90mi
10 Balmforth Ave Unit 11 Danbury, CT	3.0	2.0	980	$2,700	$2.76	45d	1	0.93mi
30 Foster St Danbury, CT	1.0	1.0	700	$1,980	$2.83	25d	1	0.93mi
14 South St #12 Danbury, CT	2.0	1.5	1410	$2,850	$2.02	13d	1	0.94mi
1305 Sienna Dr #1305 Danbury, CT	2.0	2.5	1350	$3,250	$2.41	4d	1	0.95mi
136 Deer Hill Ave Unit A6 Danbury, CT	1.0	1.0	800	$2,200	$2.75	45d	1	1.01mi
7 New St Unit 202 Danbury, CT	2.0	1.0	750	$2,300	$3.07	45d	1	1.04mi
333 Main St Danbury, CT	1.0–2.0	1.0–2.0	869	$2,650	$3.05	4d	2	1.06mi
53 Sand Pit Rd Danbury, CT	1.0–3.0	1.0–2.0	1131	$2,572	$2.27	4d	1	1.13mi
8 Rose St Unit 26-14 Danbury, CT	3.0	1.5	1370	$3,000	$2.19	4d	1	1.22mi
8 Rose St Unit 24-6 Danbury, CT	2.0	1.5	1285	$2,300	$1.79	20d	1	1.22mi
8 Rose St Unit 20-1 Danbury, CT	1.0	1.0	828	$2,000	$2.42	45d	1	1.22mi
50 Lincoln Ave Unit 1 R Danbury, CT	2.0	1.0	825	$2,300	$2.79	4d	1	1.25mi
1 Kennedy Ave Danbury, CT	2.0	1.0–2.0	874	$2,720	$3.11	4d	31	1.28mi
4 Division St Apt 4 Danbury, CT	2.0	1.0	850	$2,500	$2.94	45d	1	1.31mi
4 Division St Danbury, CT	2.0	1.0	1000	$2,500	$2.50	25d	1	1.31mi
32 Park Ave Danbury, CT	1.0	1.0	800	$2,000	$2.50	25d	1	1.45mi

HOA detail condo

• Monthly dues: $424 · $5,088/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $255,000 Active 48 DOM
2. 2026-06-17
   days on market $255,000 Active 47 DOM
3. 2026-06-16
   days on market $255,000 Active 46 DOM
4. 2026-06-15
   days on market $255,000 Active 45 DOM
5. 2026-06-13
   days on market $255,000 Active 43 DOM
6. 2026-06-10
   days on market $255,000 Active 40 DOM
7. 2026-06-09
   days on market $255,000 Active 39 DOM
8. 2026-06-08
   days on market $255,000 Active 38 DOM
9. 2026-06-07
   days on market $255,000 Active 37 DOM
10. 2026-06-05
    days on market $255,000 Active 34 DOM
11. 2026-06-03
    days on market $255,000 Active 33 DOM
12. 2026-06-03
    days on market $255,000 Active 32 DOM
13. 2026-06-01
    days on market $255,000 Active 31 DOM
14. 2026-05-31
    days on market $255,000 Active 30 DOM
15. 2026-05-14
    price $259,900 458-char remark
16. 2026-05-01
    listed $265,000 Active 458-char remark
17. 2026-02-23
    historical
18. 2026-01-29
    status Under Contract
19. 2025-12-09
    listed $249,900 Active

ⓘ 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: $2,510 · $209/mo
• Projected year-2 tax: $3,984 · $332/mo
• Expected delta: +$1,474/yr (+$123/mo · 58.7%)

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,467
• − Mortgage interest: −$14,284
• − Property taxes: −$2,510
• − Insurance: −$1,942
• − Repairs & maintenance: −$2,277
• − Management: −$2,277
• − HOA: −$5,088
• − Depreciation: −$7,418
• Taxable loss: −$7,330
• Est. tax savings @ 24.0%: +$1,759
• After-tax cash flow: $-1,339/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: Danbury School District
• NCES district ID: 0901020
• Math proficiency: 19% ▼ -17.00%
• Reading proficiency: 32% ▼ -16.00%
• Median HH income: $65,793
• Composite: 23.93/100
• National rank: #7784
• State rank: #131 of 153 in CT

Livability — Danbury

• Score: 76/100
• State rank: #51
• US rank: #3379

Category grades

Amenities F Commute A+ Cost of living F Crime B Employment A- Housing A+ Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Danbury, CT
• County: Fairfield County · 765,532 people
• City population: 87,061
• Metro: Bridgeport-Stamford-Norwalk, CT
• Population (ZIP): 55,833
• Household income: $76,933
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 3255.0

Population outlook (Western Connecticut County) Hauer SSP2

• By 2040: 685,031

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Hispanic / Latino 37% White 35% Two or more races 19% Black 12% Asian 5%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3% Dominican 6%
• Common ancestry: Estonian 8% Russian 4% Romanian 3%
• Foreign-born: 41% · Canada, Jamaica, Dominican Republic
• Languages at home: 48% English-only · Spanish 32% Other Indo-European 16% Other Asian/Pacific 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: ▼ -309.71%
• Current HPI: 286.5484
• Rent YoY: ▲ 3.08%
• Metro: Bridgeport-Stamford-Norwalk, CT
• 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

+2.0% since first listed

6 events — show timeline

• 2026-05-29 Price Changed $255,000 Smart MLS
• 2026-05-14 Price Changed $259,900 Smart MLS
• 2026-05-01 Listed $265,000 Smart MLS
• 2026-02-23 Listing Removed — Smart MLS
• 2026-01-29 Pending — Smart MLS
• 2025-12-09 Listed $249,900 Smart MLS

Property tax history

+5.3%/yr

Latest (2023): $2,510 · +46.3% YoY. Source: county tax records.