Is Noroton, CT a good place to invest in rental property?

Noroton, CT has a median modeled monthly cash flow of $-13,146 and a median cap rate of 0.9%, on a median sold price of $2,727,500. Prices changed +5.7% year over year.

What is the average cap rate in Noroton, CT?

The median cap rate across recently sold homes in Noroton, CT is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Noroton, CT?

The median sold price in Noroton, CT is $2,727,500 (about $781 per square foot).

Investing in Noroton, CT Real Estate

A data-driven snapshot of the Noroton, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$2,727,500Median sold price

$781Median $/sqft

0.9%Median cap rate

$-13,146Modeled cash flow / mo

+5.7%Appreciation YoY

5.3Months of supply

21Active listings

48Sold (last 12 mo)

What the Noroton numbers say

In Noroton, CT, the median home sold for $2,727,500 (about $781 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-13,146 of monthly cash flow. Sold prices moved +5.7% over the past year. Inventory sits at about 5.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See Noroton cash-flowing listings

CashFlowRE ranks every for-sale home in Noroton, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Noroton deals, or browse the national market data.