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

Noroton Heights, CT has a median modeled monthly cash flow of $-5,228 and a median cap rate of 2.3%, on a median sold price of $1,625,000. Prices changed +12.7% year over year.

What is the average cap rate in Noroton Heights, CT?

The median cap rate across recently sold homes in Noroton Heights, CT is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Noroton Heights, CT?

The median sold price in Noroton Heights, CT is $1,625,000 (about $773 per square foot).

Investing in Noroton Heights, CT Real Estate

A data-driven snapshot of the Noroton Heights, 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.

$1,625,000Median sold price

$773Median $/sqft

2.3%Median cap rate

$-5,228Modeled cash flow / mo

+12.7%Appreciation YoY

5.3Months of supply

16Active listings

36Sold (last 12 mo)

What the Noroton Heights numbers say

In Noroton Heights, CT, the median home sold for $1,625,000 (about $773 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-5,228 of monthly cash flow. Sold prices moved +12.7% 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 Heights cash-flowing listings

CashFlowRE ranks every for-sale home in Noroton Heights, 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 Heights deals, or browse the national market data.