New London cap rate
Cap rate
3.0%
Ranks #1,999 of 3,071 U.S. counties, in the top 65%.
- vs. national median3.5%New London is lower than the U.S. median
- vs. Connecticut median2.9%New London is higher than the Connecticut median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.