1101 Cromwell Hills Dr #1101 · Middletown, CT
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $829 – $1,539
Heat risk 5/10 · Moderate
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +10.3/30.0
- ARV discount +7.5/15.0
- 1% rule +6.4/10.0
- Schools +4.9/10.0
- Livability +4.0/5.0
- DSCR +3.0/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$182,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This remodeled 2 bed 2 bath 1st floor unit is move in ready. Updated kitchen, bathrooms, flooring, and appliances. The large open area combines kitchen, dining area, and living room together which is perfect for entertaining. Master on suite has a large walk in closet and its own private full bath. The unit comes with 2 parking spaces in the covered garage, no more cleaning the snow off your car! Heat and hot water are included in the HOA. Complex also has swimming pool. Highest and best offers due Thursday 10/12/23 @ 5pm.
Key facts
- Private deck
- Private storage unit
- $484 HOA
Tags
Property features AI
Finance
- Other: Part of a 144-unit complex; Located in Connecticut (Middlesex County); Nearby: commuter bus, public transportation, shopping/mall, walk to bus lines
- HOA & community: Homeowners association with monthly fee; HOA covers grounds maintenance, trash pickup, heat, hot water, sewer, property management, pest control, pool service, and insurance; Association amenities include elevator, guest parking, and pool; Professional off-site property management; Pets allowed (restrictions apply)
Exterior
- Parking: Assigned parking; Paved off-street parking; Parking garage; 2 total parking spaces; 2-car garage
- Utilities: Public water connected; Public sewer connected; Natural gas hot water
- Home design: Condominium (Condo/Co-Op For Sale); End unit; Single-level unit
- Construction: Brick and concrete construction
- Exterior features: Brick siding; In-ground swimming pool with safety fence
Interior
- Kitchen: Electric range; Microwave; Range hood; Refrigerator; Dishwasher
- Bedrooms: 2 bedrooms
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Hot water heat (natural gas); Wall cooling unit
- Interior features: Open floor plan; Cable available; No basement
- Laundry & utility: Common laundry area; Laundry room located on 2nd and 3rd floors
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.5-bath condo listed at $182k.
Deal economics
- At list price, monthly cash flow is $-100 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $168k (7.9% below list).
- Meets the 1% rule at list price ($2k rent vs $182k).
- Recommended offer: $168k (7.9% below list) — sets the bar for cash-flow.
- Cap rate 5.6% vs local median 3.7% in Middletown — 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 81/100 on livability (#17 in CT, #1,390 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, health & safety A+; Watch: commute F.
- Cromwell School District (suburban): math 51% / reading 58% proficiency, ranked #63 of 153 in CT (top 41%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
- Zoned schools: Cromwell High School (math 52% / reading 67%, grade C+, #45 of 194 statewide, top 25%, 536 students, 25% FRL).
- Market conditions: 58 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 278 units permitted in Lower Connecticut River Valley Planning Region in 2024 (89 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
Negotiation context
- Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
- 7 sale attempts since 18y 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.
Risks & watch-outs
- Watch-outs: HOA is 23% of rent.
- Climate carrying-cost: major wind risk, 27% 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.14% ✓
- Cap rate
- 5.63%
- Cash-on-cash
- -2.35%
- DSCR
- 0.90
- GRM
- 7.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -20.0%
- Equity multiple
- 0.30×
- Total profit
- $-35,525
- Equity at exit
- $27,137
- IRR
- -12.4%
- Equity multiple
- 0.26×
- Total profit
- $-37,791
- Equity at exit
- $15,736
Cash invested: $50,960 (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
ZIP-level market 06416
- Home prices YoY
- -16.0%
- Active inventory
- 58
- Price-to-rent
- 7.3×
Monthly cashflow live
- Estimated rent
- $2,078 high interval (Pro) →
- Mortgage (P&I)
- −$954
- Tax est. 1.5%
- −$228 /mo · $2,730/yr
- Insurance
- −$76
- HOA
- −$484
- Vacancy / Maint / Mgmt
- −$436
- Net cashflow
- $-100
Break-even live
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
- $45,500
- Closing costs
- $5,460
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 35 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2000 Cromwell Hills Dr Unit 2107 Cromwell, CT | 2.0 | 1.5 | 1057 | $1,975 | $1.87 | 23d | 1 | 0.31mi |
| 2211 Cromwell Hills Dr #2211 Cromwell, CT | 2.0 | 1.5 | 1057 | $1,900 | $1.80 | 10d | 1 | 0.36mi |
| 2316 Cromwell Hills Dr Unit 2316 Cromwell, CT | 2.0 | 1.5 | 1057 | $1,900 | $1.80 | 3d | 1 | 0.38mi |
| 150 Country Squire Dr Cromwell, CT | 1.0–2.0 | 1.0–2.0 | 1037 | $2,950 | $2.84 | 1d | 5 | 0.41mi |
| 113 Country Squire Dr Cromwell, CT | 2.0 | 1.0 | 1200 | $2,500 | $2.08 | 43d | 1 | 0.47mi |
| 20 Burgundy Hill Ln Middletown, CT | 1.0 | 1.0 | 700 | $1,600 | $2.29 | 16d | 1 | 0.94mi |
| 161 Burgundy Hill Ln #161 Middletown, CT | 1.0 | 1.0 | 727 | $1,400 | $1.93 | 11d | 1 | 1.00mi |
| 135 Burgundy Hill Ln Middletown, CT | 1.0 | 1.0 | 700 | $1,600 | $2.29 | 16d | 1 | 1.01mi |
| 104 Burgundy Hill Ln #104 Middletown, CT | 2.0 | 1.0 | 708 | $1,650 | $2.33 | 16d | 1 | 1.03mi |
| 57 Burgundy Hill Ln #57 Middletown, CT | 2.0 | 1.0 | 702 | $1,700 | $2.42 | 43d | 1 | 1.06mi |
| 100 Town Brooke Middletown, CT | 1.0–2.0 | 1.0–2.0 | 813 | $2,338 | $2.88 | 1d | 16 | 1.08mi |
| 5 Town Colony Dr Middletown, CT | 1.0–3.0 | 1.0–2.0 | 1135 | $2,373 | $2.09 | 1d | 15 | 1.35mi |
| 1 Dove Ln Unit RC2-038R Middletown, CT | 1.0 | 1.0 | 719 | $1,584 | $2.20 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit NW1-018N Middletown, CT | 2.0 | 1.0 | 837 | $1,875 | $2.24 | 19d | 1 | 1.43mi |
| 1 Dove Ln Unit LD2-142D Middletown, CT | 2.0 | 2.0 | 990 | $1,913 | $1.93 | 14d | 1 | 1.43mi |
| 1 Dove Ln Unit LD2-152D Middletown, CT | 2.0 | 2.0 | 969 | $1,820 | $1.88 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit RC2-045R Middletown, CT | 1.0 | 1.0 | 719 | $1,699 | $2.36 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit LD2-141D Middletown, CT | 2.0 | 2.0 | 990 | $1,848 | $1.87 | 14d | 1 | 1.43mi |
| 1 Dove Ln Unit NW2-036N Middletown, CT | 1.0 | 1.0 | 819 | $1,748 | $2.13 | 11d | 1 | 1.43mi |
| 1 Dove Ln Unit UD4-094D Middletown, CT | 2.0 | 1.0 | 837 | $1,809 | $2.16 | 2d | 1 | 1.43mi |
| 1 Dove Ln Unit UD3-063D Middletown, CT | 1.0 | 1.0 | 719 | $1,787 | $2.49 | 2d | 1 | 1.43mi |
| 1 Dove Ln Unit UD1-004D Middletown, CT | 1.0 | 1.0 | 819 | $1,774 | $2.17 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit RC4-080R Middletown, CT | 1.0 | 1.0 | 719 | $1,694 | $2.36 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit NW1-007N Middletown, CT | 2.0 | 1.0 | 837 | $1,735 | $2.07 | 19d | 1 | 1.43mi |
| 1 Dove Ln Unit LD3-176D Middletown, CT | 1.0 | 1.0 | 719 | $1,827 | $2.54 | 2d | 1 | 1.43mi |
| 1 Dove Ln Unit NW2-040N Middletown, CT | 1.0 | 1.0 | 819 | $1,754 | $2.14 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit RC1-022R Middletown, CT | 1.0 | 1.0 | 819 | $1,534 | $1.87 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit LD1-117D Middletown, CT | 1.0 | 1.0 | 719 | $1,732 | $2.41 | 2d | 1 | 1.43mi |
| 1 Dove Ln Unit UD2-035D Middletown, CT | 2.0 | 2.0 | 990 | $1,798 | $1.82 | 21d | 1 | 1.43mi |
| 1 Dove Ln Unit LD2-162D Middletown, CT | 2.0 | 2.0 | 990 | $1,865 | $1.88 | 19d | 1 | 1.43mi |
| 1 Dove Ln Unit UD2-040D Middletown, CT | 2.0 | 2.0 | 990 | $1,840 | $1.86 | 43d | 1 | 1.43mi |
| 1 Dove Ln Unit RC3-071R Middletown, CT | 2.0 | 2.0 | 990 | $1,805 | $1.82 | 19d | 1 | 1.50mi |
| 1 Dove Ln Unit NW1-002N Middletown, CT | 2.0 | 1.0 | 837 | $1,877 | $2.24 | 3d | 1 | 1.50mi |
| 1 Dove Ln Unit UD2-044D Middletown, CT | 2.0 | 2.0 | 990 | $1,613 | $1.63 | 10d | 1 | 1.50mi |
| 1 Dove Ln Unit NW2-044N Middletown, CT | 1.0 | 1.0 | 819 | $1,662 | $2.03 | 2d | 1 | 1.50mi |
HOA detail condo
- Monthly dues
- $484 · $5,808/yr
- Likely covers
- waterpool
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 19 events
-
2026-05-04status Under Contract 928-char remark
-
2026-04-30$182,000 Active 928-char remark
-
2023-11-10historical 528-char remark
Show marketing remark (528 chars)
This remodeled 2 bed 2 bath 1st floor unit is move in ready. Updated kitchen, bathrooms, flooring, and appliances. The large open area combines kitchen, dining area, and living room together which is perfect for entertaining. Master on suite has a large walk in closet and its own private full bath. The unit comes with 2 parking spaces in the covered garage, no more cleaning the snow off your car! Heat and hot water are included in the HOA. Complex also has swimming pool. Highest and best offers due Thursday 10/12/23 @ 5pm.
-
2023-11-09soldstatus $155,000 Closed 528-char remark
Show marketing remark (528 chars)
This remodeled 2 bed 2 bath 1st floor unit is move in ready. Updated kitchen, bathrooms, flooring, and appliances. The large open area combines kitchen, dining area, and living room together which is perfect for entertaining. Master on suite has a large walk in closet and its own private full bath. The unit comes with 2 parking spaces in the covered garage, no more cleaning the snow off your car! Heat and hot water are included in the HOA. Complex also has swimming pool. Highest and best offers due Thursday 10/12/23 @ 5pm.
-
2023-10-13status Under Contract 528-char remark
Show marketing remark (528 chars)
This remodeled 2 bed 2 bath 1st floor unit is move in ready. Updated kitchen, bathrooms, flooring, and appliances. The large open area combines kitchen, dining area, and living room together which is perfect for entertaining. Master on suite has a large walk in closet and its own private full bath. The unit comes with 2 parking spaces in the covered garage, no more cleaning the snow off your car! Heat and hot water are included in the HOA. Complex also has swimming pool. Highest and best offers due Thursday 10/12/23 @ 5pm.
-
2023-10-07$149,900 Active 528-char remark
Show marketing remark (528 chars)
This remodeled 2 bed 2 bath 1st floor unit is move in ready. Updated kitchen, bathrooms, flooring, and appliances. The large open area combines kitchen, dining area, and living room together which is perfect for entertaining. Master on suite has a large walk in closet and its own private full bath. The unit comes with 2 parking spaces in the covered garage, no more cleaning the snow off your car! Heat and hot water are included in the HOA. Complex also has swimming pool. Highest and best offers due Thursday 10/12/23 @ 5pm.
-
2018-08-16soldstatus $91,900 Closed
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-07-15historical
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-06-16price $91,900
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-05-18price $97,900
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-05-09status Active
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-03-23status Under Contract
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-02-05status Active
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2018-01-12status Under Contract
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
-
2017-11-23$99,900 Active
Show marketing remark (641 chars)
Back to Market AGAIN!!! First time buyer with mortgage issues, Second time, Hubbard clause, couldn't sell their home. This Beautiful Condo is must see apartment, with all possible great updates. MUST SEE ----------- Ready to Move in first floor Condo, New updated kitchen with stainless steel appliances, decorative back-splash, Tiled Floor in kitchen and dinning area. 2 Designated covered car parking in basement just for this condo. Heat and Hot Water includes in HOA fee. Swimming Pool and Tennis Court are addition, 2 minutes walk to shopping center, Banks. Easy access to highways Rout 9 and I-91S & N. Complex is not FHA Approved.
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2009-10-02soldstatus $90,000
-
2009-07-07$94,900
-
2008-12-30historical
-
2008-04-09$113,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥98°F today · 16 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,940
- − Mortgage interest
- −$10,195
- − Property taxes
- −$2,730
- − Insurance
- −$910
- − Repairs & maintenance
- −$1,995
- − Management
- −$1,995
- − HOA
- −$5,808
- − Depreciation
- −$5,295
- Taxable loss
- −$3,988
- Est. tax savings @ 24.0%
- +$957
- After-tax cash flow
- $-242/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
- Cromwell School District
- NCES district ID
- 0900990
- Math proficiency
- 51% ▼ -7.00%
- Reading proficiency
- 58% ▼ -9.00%
- Median HH income
- $80,252
- Composite
- 49.39/100
- National rank
- #2013
- State rank
- #63 of 153 in CT
Livability — Middletown
- Score
- 81/100
- State rank
- #17
- US rank
- #1390
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Middlesex County · 63,941 people
- City population
- 46,720
- Metro
- Hartford-East Hartford-Middletown, CT
- Population (ZIP)
- 14,334
- Household income
- $110,596
- Rent vs Own
- Severe rent burden
- 188.0
Population outlook (Lower Connecticut River Valley County) Hauer SSP2
- By 2040
- 188,651
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Two or more races 12% Hispanic / Latino 9% Asian 6% Black 6%
- Hispanic origin (detail)
- Puerto Rican 5%
- Common ancestry
- Romanian 11% Lithuanian 5% Italian 1%
- Foreign-born
- 10% · Canada, China, South Korea
- Languages at home
- 87% English-only · Spanish 4% Other Indo-European 2% Russian/Polish/Slavic 2%
Political lean MEDSL · Lower Connecticut River Valley
- 2024 margin
- D (+13.4) · D 55.9% · R 42.4% · Other 1.7%
- All cycles
- 2024: D+13.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -49.38%
- Current HPI
- 259.9702
- Rent YoY
- —
- Metro
- Hartford-East Hartford-Middletown, 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
+75.6% since first listed20 events — show timeline
- 2026-06-02 Sold (MLS) $200,000 Smart MLS
- 2026-05-04 Pending — Smart MLS
- 2026-04-30 Listed $182,000 Smart MLS
- 2023-11-10 Listing Removed — Smart MLS
- 2023-11-09 Sold (MLS) $155,000 Smart MLS
- 2023-10-13 Pending — Smart MLS
- 2023-10-07 Listed $149,900 Smart MLS
- 2018-08-16 Sold (MLS) $91,900 Smart MLS
- 2018-07-15 Listing Removed — Smart MLS
- 2018-06-16 Price Changed $91,900 Smart MLS
- 2018-05-18 Price Changed $97,900 Smart MLS
- 2018-05-09 Relisted — Smart MLS
- 2018-03-23 Pending — Smart MLS
- 2018-02-05 Relisted — Smart MLS
- 2018-01-12 Pending — Smart MLS
- 2017-11-23 Listed $99,900 Smart MLS
- 2009-10-02 Sold (MLS) $90,000 Smart MLS
- 2009-07-07 Listed $94,900 Smart MLS
- 2008-12-30 Listing Removed — Smart MLS
- 2008-04-09 Listed $113,900 Smart MLS
Cash-flow waterfall
monthlySold comps — $/sqft
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