7 Padanaram Rd Unit D98, Danbury, CT 06811

$220,000
2
BD
1
BA
851
SqFt

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Sold Price
$220,000
List Price
$199,900
Status
CLOSED
MLS#
24128286
Closing Date
Oct 29, 2025
Year Built
1976
Style
Ranch
Bedrooms
2
Bathrooms
1
Building Name
Brookside
Living Area
851
Neighborhood
Padanaram

Property Description

Strong ROI on Padanaram! Attention Investors: This 2-bedroom, 1-bath condominium on Danbury's west side is a rental investment opportunity you won't want to miss. Located in Brookside, this main-level unit offers over 850 sq. ft. with an open floor plan and a walk-out patio. In today's tight rental market, this condo projects a gross ROI of nearly 13%-far beyond what any bank is paying on idle savings! Brookside residents enjoy a large common laundry room, an in-ground pool for summer fun, and acres of greenspace for recreation. With plenty of parking, a well-maintained complex, and a newly improved management company in place, you'll benefit from reasonable common charges and no assessments-keeping your investment secure and cash-flow friendly. Not an investor? This affordable condo is also the perfect first-time homeowner opportunity at a price point rarely seen in today's market. Why pay rent when you can pay yourself? With just a little updating, this home is ready to shine-whether you're looking to live here or grow your portfolio with a proven money-maker.

Additional Information

Taxes
$2,503
Hoa Fee
$360
Interior Features
Open Floor Plan
Heating
Baseboard
Cooling System Type
Wall Units
Water Source
Public
Appliances
Electric Range, Range Hood, Refrigerator, Dishwasher
Basement
None
Exterior Features
Patio
Parking Spaces
2
Elementary School
Per Board of Ed
Middle School
Per Board of Ed
High School
Danbury

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Todd Sargent from Coldwell Banker Realty. (203) 948-1729 (860) 354-4111

Selling Office: Pinto Real Estate Group LLC.

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