Connecticut Real Estate Tools

CT Real Estate Glossary

Definitions of Connecticut real estate terms from 8-30g to mill rates.

Cap Rate

Capitalization rate equals net operating income divided by property value, expressed as a percentage. Investors use cap rates to compare commercial and multifamily deals across Connecticut markets.

Example: A $1M building with $70,000 NOI has a 7% cap rate.

Disclaimer: These tools provide estimates for informational purposes only. They are not legal, tax, financial, or real estate advice. Confirm all figures with your town assessor, attorney, lender, or tax professional before making decisions. Rate data is synced from Connecticut Open Data (last sync May 30, 2026).

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