14 Bantam Rd · New Fairfield, CT 06812

$255,000

1 bd · 1.0 ba · 778 sqft · SingleFamily public records · 42 Days on market

Built 1940 6,534 sqft lot $328/sqft · 30% below area Est $364k · 30% under

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Why this score? — see what drove the C 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 +18.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.9/10.0
• Schools +5.5/10.0
• 1% rule +4.5/10.0
• 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

Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

Key facts

• New privacy fence
• 6,534 sq ft lot
• 4 parking spots

Tags

• QUIET DEAD END STREET
• NEW PRIVACY FENCE
• CLOSE PROXIMITY TO PUTNAM LAKE
• CLOSE PROXIMITY TO BALL POND

Property features AI

Exterior

• Parking: Paved private driveway; Driveway and paved parking; Total of 4 parking spaces
• Utilities: Private well water; Cesspool sewage; Electric power
• Home design: Single-family seasonal property; Tan exterior; Vinyl siding; Gable roof with asphalt shingles
• Construction: Frame construction; Block and concrete foundation
• Exterior features: Porch; Covered deck; Patio; Partial privacy fencing and secluded setting; Interior, level lot on a cul-de-sac

Interior

• Kitchen: Gas range; Refrigerator; Dishwasher
• Bedrooms: 1 bedroom
• Bathrooms: 1 full bathroom
• Heating & cooling: Baseboard heating (electric); Ceiling fans for cooling
• Interior features: Foyer entry; Ceiling fans; Storm doors; Has attic with floored storage space and pull-down stairs; Crawl space basement (unfinished, dirt floor, partial with hatchway)
• Laundry & utility: Washer and dryer included; Laundry located in hallway on main level; Propane hot water (30 gallon tank)

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $255 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $243k (4.7% below list).
• Recommended offer: $243k (4.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — 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: Consolidated School (483 students, 16% 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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 32y ago 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.
• Current owner paid $150k; list at $255k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• 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 $242,989 (4.7% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 0.95% ✗
• Cap rate: 7.49%
• Cash-on-cash: 4.29%
• DSCR: 1.19
• GRM: 8.7

CMA / ARV

• ARV (median comp): $363,654
• List price: $255,000
• Delta: -29.88%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3 Jackson Rd	0.25mi	2/1.0 (+1)	784 (+1%)	11mo	$360,000	$459	73
5 Glenville Rd	0.12mi	2/1.0 (+1)	884 (+14%)	11mo	$360,000	$407	58
23 Ball Pond Rd E	0.49mi	1/1.0	844 (+8%)	9mo	$459,000	$544	55
6 Ansonia Rd	0.11mi	2/1.0 (+1)	890 (+14%)	22mo	$330,000	$371	48
53 Eastwood Rd	0.73mi	1/1.0	696 (-10%)	2mo	$206,000	$296	47
18 Ilion Rd	0.27mi	2/1.0 (+1)	868 (+12%)	21mo	$362,000	$417	46
12 Yale Dr	0.67mi	2/1.0 (+1)	696 (-10%)	22mo	$250,000	$359	28

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: -9.6%
• Equity multiple: 0.65×
• Total profit: $-25,085
• Equity at exit: $38,021

10-year hold

• IRR: -0.2%
• Equity multiple: 0.99×
• Total profit: $-1,003
• 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 06812

• Home prices YoY: -34.2%
• Active inventory: 82
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,430 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$221 /mo · $2,650/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$510
• Net cashflow: $255

Break-even live

Break-even rent $2,107

Max offer price $255,000

Occupancy floor 84%

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: —

Listing history 45 events

1. 2026-06-18
   days on market $255,000 Active 42 DOM
2. 2026-06-17
   days on market $255,000 Active 41 DOM
3. 2026-06-16
   days on market $255,000 Active 40 DOM
4. 2026-06-15
   days on market $255,000 Active 39 DOM
5. 2026-06-13
   days on market $255,000 Active 37 DOM
6. 2026-06-13
   days on market $255,000 Active 36 DOM
7. 2026-06-10
   days on market $255,000 Active 34 DOM
8. 2026-06-09
   days on market $255,000 Active 33 DOM
9. 2026-06-08
   days on market $255,000 Active 32 DOM
10. 2026-06-07
    pricedays on market $255,000 Active 31 DOM
11. 2026-06-03
    days on market $265,000 Active 27 DOM
12. 2026-06-03
    days on market $265,000 Active 26 DOM
13. 2026-06-01
    days on market $265,000 Active 25 DOM
14. 2026-05-31
    days on market $265,000 Active 24 DOM
15. 2026-05-04
    historical
16. 2026-05-04
    listed $265,000 Active 1102-char remark
17. 2026-04-06
    price $265,000
18. 2026-01-30
    listed $275,000 Active
19. 2026-01-28
    historical
20. 2024-10-07
    status Under Contract

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

21. 2024-10-07
    soldstatus $150,000 Closed

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

22. 2024-07-28
    historical Under Contract - Continue to Show

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

23. 2024-07-18
    price $185,000

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

24. 2024-06-29
    price $204,000

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

25. 2024-05-28
    listed $224,000 Active

    Show marketing remark (623 chars)

    Renovated SEASONAL Cottage in the Ball Pond area of New Fairfield. Quaint & quiet, a great place to enjoy the summer. Newer wood looking vinyl flooring & raised panel doors throughout. Updated kitchen & full bath. Feels bigger than the square footage -foyer, den opens up to screened in porch, livingroom/diningroom combo but there is a room that could be a separate dining room, plus an office. Great outdoor space - front porch, side yard and patio. Paved driveway for parking. Located on a small, quiet dead end. Attic for storage plus crawl space storage under the home. Come enjoy summers in New Fairfield!

26. 2005-11-23
    soldstatus $63,000
27. 2005-11-23
    soldstatus $63,000
28. 2005-11-22
    soldstatus $63,000
29. 2005-07-11
    listed $62,000
30. 2003-12-13
    historical
31. 2003-08-13
    listed $62,500
32. 2003-01-21
    historical
33. 2002-07-21
    listed $62,500
34. 1999-12-03
    historical
35. 1999-07-12
    listed $49,900
36. 1998-10-01
    historical
37. 1998-07-02
    listed $59,500
38. 1997-10-01
    historical
39. 1997-06-30
    listed $59,500
40. 1996-10-12
    historical
41. 1996-07-16
    listed $59,500
42. 1995-10-29
    historical
43. 1995-07-29
    listed $60,000
44. 1994-10-16
    historical
45. 1994-07-16
    listed $60,400

ⓘ 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: $2,650 · $221/mo
• Projected year-2 tax: $4,054 · $338/mo
• Expected delta: +$1,404/yr (+$117/mo · 53.0%)

ⓘ 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: $29,159
• − Mortgage interest: −$14,284
• − Property taxes: −$2,650
• − Insurance: −$1,275
• − Repairs & maintenance: −$2,333
• − Management: −$2,333
• − Depreciation: −$7,418
• Taxable loss: −$1,134
• Est. tax savings @ 24.0%: +$272
• After-tax cash flow: $3,336/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

+322.2% since first listed

32 events — show timeline

• 2026-06-04 Price Changed $255,000 Smart MLS
• 2026-05-04 Listing Removed — Smart MLS
• 2026-05-04 Listed $265,000 Smart MLS
• 2026-04-06 Price Changed $265,000 Smart MLS
• 2026-01-30 Listed $275,000 Smart MLS
• 2026-01-28 Coming Soon — Smart MLS
• 2024-10-07 Pending — Smart MLS
• 2024-10-07 Sold (MLS) $150,000 Smart MLS
• 2024-07-28 Contingent — Smart MLS
• 2024-07-18 Price Changed $185,000 Smart MLS
• 2024-06-29 Price Changed $204,000 Smart MLS
• 2024-05-28 Listed $224,000 Smart MLS
• 2005-11-23 Sold (Public Records) $63,000 Public Records
• 2005-11-23 Sold (Public Records) $63,000 Public Records
• 2005-11-22 Sold (MLS) $63,000 Smart MLS
• 2005-07-11 Listed $62,000 Smart MLS
• 2003-12-13 Listing Removed — Smart MLS
• 2003-08-13 Listed $62,500 Smart MLS
• 2003-01-21 Listing Removed — Smart MLS
• 2002-07-21 Listed $62,500 Smart MLS
• 1999-12-03 Listing Removed — Smart MLS
• 1999-07-12 Listed $49,900 Smart MLS
• 1998-10-01 Listing Removed — Smart MLS
• 1998-07-02 Listed $59,500 Smart MLS
• 1997-10-01 Listing Removed — Smart MLS
• 1997-06-30 Listed $59,500 Smart MLS
• 1996-10-12 Listing Removed — Smart MLS
• 1996-07-16 Listed $59,500 Smart MLS
• 1995-10-29 Listing Removed — Smart MLS
• 1995-07-29 Listed $60,000 Smart MLS
• 1994-10-16 Listing Removed — Smart MLS
• 1994-07-16 Listed $60,400 Smart MLS

Property tax history

+2.6%/yr

Latest (2022): $2,650 · +3.1% YoY. Source: county tax records.