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

Noroton, CT has a median modeled monthly cash flow of $-9,575 and a median cap rate of 1.8%, on a median sold price of $2,800,000. Prices changed +13.6% year over year.

What is the average cap rate in Noroton, CT?

The median cap rate across recently sold homes in Noroton, CT is 1.8%, 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 $2,800,000 (about $829 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.

$2,800,000Median sold price

$829Median $/sqft

1.8%Median cap rate

$-9,575Modeled cash flow / mo

+13.6%Appreciation YoY

7.0Months of supply

24Active listings

41Sold (last 12 mo)

What the Noroton numbers say

In Noroton, CT, the median home sold for $2,800,000 (about $829 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-9,575 of monthly cash flow. Sold prices moved +13.6% over the past year. Inventory sits at about 7.0 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.