Condo Investment Properties for Sale in New Canaan, CT

Property at 78 Hoyt Street #78, New Canaan, CT
Listed for sale 3 days ago
$ 850,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign700
  • 3 Bed
  • 3 Bath
  • 1360 sft
78 Hoyt Street #78, New Canaan, CT, 06840
Property at 113 Heritage Hill Road #113, New Canaan, CT
$ 899,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign356
  • 3 Bed
  • 3 Bath
  • 1875 sft
113 Heritage Hill Road #113, New Canaan, CT, 06840
Property at 84 Heritage Hill Road #84, New Canaan, CT
$ 815,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign528
  • 3 Bed
  • 2 Bath
  • 1211 sft
84 Heritage Hill Road #84, New Canaan, CT, 06840
Property at 33 East Hills Drive #33, New Canaan, CT
$ 699,990
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign1190
  • 3 Bed
  • 2 Bath
  • 1554 sft
33 East Hills Drive #33, New Canaan, CT, 06840

Why Invest in New Canaan, Connecticut?

Investing in condos in New Canaan offers a unique opportunity for real estate investors looking to capitalize on a highly desirable area. The local market demonstrates strong rental yields and consistent property appreciation, making it a valuable addition to an investment portfolio. With an average rental price of around $3,500 per month and strong demand for rental properties, this market is poised for growth.

7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$3500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average price for condos in New Canaan generally falls between $500,000 and $1.5 million, depending on size and location within the town.

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