37 Taylor St · Danbury, CT 06810

$279,900

3 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 135 Days on market

Built 1895 3,484 sqft lot $278/sqft · 35% below area Est $429k · 35% under

---

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 +17.4/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• 1% rule +4.2/10.0
• Livability +3.8/5.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Property being sold " as is where is " this is part of an estate and subject to probate approval. Property has a roof that is less than 5 years old but is in needm of renovation

Key facts

• 3,484 sq ft lot
• 2 parking spots
• Built 1895

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $280k.

Deal economics

• At list price, monthly cash flow is $213 ($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 $258k (7.7% below list).
• Recommended offer: $246k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% 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; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 19d 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 40% 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 135 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 2 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 $50k; list at $280k implies a 460% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1895 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $246,312 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1895 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 0.92% ✗
• Cap rate: 7.20%
• Cash-on-cash: 3.25%
• DSCR: 1.14
• GRM: 9.0

CMA / ARV

• ARV (median comp): $429,378
• List price: $279,900
• Delta: -34.81%
• 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
17 Casper St	0.19mi	3/1.0	918 (-9%)	8mo	$415,000	$452	70
8 Briarwood Dr	0.42mi	3/1.0	956 (-5%)	6mo	$425,000	$445	67
1 Triangle Ter	0.22mi	3/1.0	1,140 (+13%)	11mo	$405,000	$355	58
25 Old Shelter Rock Rd	0.55mi	3/1.0	1,008 (0%)	21mo	$420,000	$417	57
82A Purcell Dr	0.47mi	4/2.0 (+1)	1,082 (+7%)	9mo	$510,000	$471	50
1 Circle Ter	0.55mi	3/1.0	960 (-5%)	20mo	$375,000	$391	49
25 Topstone Dr	0.66mi	2/1.0 (-1)	936 (-7%)	4mo	$400,000	$427	49

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 · 3.08% rent growth · sell at horizon

5-year hold

• IRR: -11.1%
• Equity multiple: 0.60×
• Total profit: $-31,636
• Equity at exit: $41,734

10-year hold

• IRR: -1.7%
• Equity multiple: 0.88×
• Total profit: $-9,370
• Equity at exit: $24,201

Cash invested: $78,372 (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: $2,582 high
• Mortgage (P&I): −$1,468
• Tax from tax record: −$243 /mo · $2,915/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$542
• Net cashflow: $213

Break-even live

Break-even rent $2,313

Max offer price $279,900

Occupancy floor 87%

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: $69,975
• Closing costs: $8,397
• Reserves months: —
• Total cash needed: —

Rent comps 30 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	19d	2	0.16mi
126 Triangle St Unit A5 Danbury, CT	2.0	2.0	1018	$2,100	$2.06	14d	1	0.16mi
62 Chestnut Street Ext Danbury, CT	2.0	1.5	1200	$2,820	$2.35	2d	3	0.17mi
5 8th Ave Danbury, CT	2.0	1.0	1200	$2,300	$1.92	43d	1	0.36mi
38 Homestead Ave Unit 2 Danbury, CT	2.0	1.0	1000	$2,200	$2.20	21d	1	0.42mi
34 James St Unit A Danbury, CT	2.0	1.5	900	$2,300	$2.56	43d	1	0.45mi
34 James St Unit A Danbury, CT	2.0	1.5	900	$2,300	$2.56	10d	1	0.45mi
76 Town Hill Ave Unit D Danbury, CT	2.0	1.0	870	$2,450	$2.82	43d	1	0.45mi
10 Balmforth Ave Unit 11 Danbury, CT	3.0	2.0	980	$2,700	$2.76	43d	1	0.76mi
68 Grand St Danbury, CT	3.0	1.0	1480	$1,900	$1.28	3d	1	0.80mi
8 Wixted Ave Danbury, CT	3.0	2.0	1207	$3,300	$2.73	43d	1	0.80mi
5 Woodside Ave Unit E52 Danbury, CT	2.0	1.0	888	$2,450	$2.76	11d	1	0.85mi
9 E Broad St #1 Danbury, CT	3.0	2.0	1280	$2,750	$2.15	11d	1	0.88mi
7 New St Unit 202 Danbury, CT	2.0	1.0	750	$2,300	$3.07	43d	1	0.90mi
333 Main St Danbury, CT	1.0–2.0	1.0–2.0	869	$2,650	$3.05	3d	2	0.90mi
15 Gallagher Ln Danbury, CT	3.0	2.0	1280	$2,745	$2.14	2d	1	0.91mi
157 Shelter Rock Rd #39 Danbury, CT	2.0	1.5	1142	$2,500	$2.19	11d	1	1.05mi
8 Rose St Unit 26-14 Danbury, CT	3.0	1.5	1370	$3,000	$2.19	3d	1	1.05mi
8 Rose St Unit 24-6 Danbury, CT	2.0	1.5	1285	$2,300	$1.79	19d	1	1.05mi
53 Sand Pit Rd Danbury, CT	1.0–3.0	1.0–2.0	1131	$3,050	$2.70	3d	1	1.08mi
14 South St #12 Danbury, CT	2.0	1.5	1410	$2,850	$2.02	11d	1	1.08mi
1305 Sienna Dr #1305 Danbury, CT	2.0	2.5	1350	$3,250	$2.41	2d	1	1.09mi
1 Kennedy Ave Danbury, CT	2.0	1.0–2.0	874	$2,720	$3.11	2d	31	1.12mi
50 Lincoln Ave Unit 1 R Danbury, CT	2.0	1.0	825	$2,300	$2.79	3d	1	1.16mi
4 Division St Apt 4 Danbury, CT	2.0	1.0	850	$2,500	$2.94	43d	1	1.21mi
4 Division St Danbury, CT	2.0	1.0	1000	$2,500	$2.50	23d	1	1.21mi
13 Morris St Unit B Danbury, CT	2.0	1.5	1132	$2,250	$1.99	43d	1	1.38mi
1 Fairview Dr #4 Danbury, CT	2.0	1.0	910	$2,050	$2.25	19d	1	1.43mi
6 Westville Ave Unit 6A Danbury, CT	2.0	1.0	1000	$1,900	$1.90	43d	1	1.47mi
17 Lake Ave #2 Danbury, CT	2.0	1.0	1000	$1,995	$2.00	43d	1	1.49mi

Listing history 18 events

1. 2026-06-18
   days on market $279,900 Active 135 DOM
2. 2026-06-17
   days on market $279,900 Active 134 DOM
3. 2026-06-16
   days on market $279,900 Active 133 DOM
4. 2026-06-15
   days on market $279,900 Active 132 DOM
5. 2026-06-13
   days on market $279,900 Active 130 DOM
6. 2026-06-10
   days on market $279,900 Active 127 DOM
7. 2026-06-09
   days on market $279,900 Active 126 DOM
8. 2026-06-08
   days on market $279,900 Active 125 DOM
9. 2026-06-07
   days on market $279,900 Active 124 DOM
10. 2026-06-05
    days on market $279,900 Active 121 DOM
11. 2026-06-03
    days on market $279,900 Active 120 DOM
12. 2026-06-03
    days on market $279,900 Active 119 DOM
13. 2026-06-01
    days on market $279,900 Active 118 DOM
14. 2026-05-31
    days on market $279,900 Active 117 DOM
15. 2026-02-03
    listed $279,900 Active 187-char remark

    Show marketing remark (187 chars)

    Property being sold " as is where is " this is part of an estate and subject to probate approval. Property has a roof that is less than 5 years old but is in needm of renovation

16. 1995-05-03
    soldstatus $50,000
17. 1995-05-03
    soldstatus $50,000
18. 1994-11-08
    listed $69,500

ⓘ 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: $2,915 · $243/mo
• Projected year-2 tax: $4,452 · $371/mo
• Expected delta: +$1,537/yr (+$128/mo · 52.7%)

ⓘ 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 5/10 Major 7 d/yr ≥99°F today · 16 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: $30,986
• − Mortgage interest: −$15,679
• − Property taxes: −$2,915
• − Insurance: −$1,400
• − Repairs & maintenance: −$2,479
• − Management: −$2,479
• − Depreciation: −$8,143
• Taxable loss: −$2,107
• Est. tax savings @ 24.0%: +$506
• After-tax cash flow: $3,057/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

+302.7% since first listed

4 events — show timeline

• 2026-02-03 Listed $279,900 Smart MLS
• 1995-05-03 Sold (Public Records) $50,000 Public Records
• 1995-05-03 Sold (MLS) $50,000 Smart MLS
• 1994-11-08 Listed $69,500 Smart MLS

Property tax history

+4.2%/yr

Latest (2023): $2,915 · +25.4% YoY. Source: county tax records.