What is the rental yield in Neptune Park, New London, Connecticut?

The gross yield in Neptune Park, New London, Connecticut is 5.6. That sits alongside prices that are in line with New London and about 14% below Connecticut. Over the past year, prices have increased 10.2, and the Red Flag score is 66.

How does Neptune Park compare with New London and Connecticut?

Neptune Park, New London, Connecticut is priced in line with New London and about 14% below Connecticut. It also shows a gross yield of 5.6 and a 10.2 increase over the past year. The Red Flag score is 66, walkability is 27, and education is in the 6th percentile.

Neighborhood

Neptune Park

New London, Connecticut US

Neptune Park, New London, Connecticut presents a mixed investment profile with a gross yield of 5.6 and prices in line with New London but about 14% below Connecticut. Prices have risen 10.2 over the past year, while the Red Flag score of 66 points to moderate risk. Walkability is 27, and education is in the 6th percentile, indicating limited school-district test-score performance relative to the broader benchmark.

AI Summary•Updated May 2026

Area

5.19 mi²

ZIP Code

06320

County

Southeastern Connecticut Planning Region

State

Connecticut

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$339,899

YoY+10.2%

Gross Rental Yield

5.6%

Listed rent · ZORI annualized

Red Flag Index

High

66 / 100

Walkability Score

Car-Dependent

OpenStreetMap POI density · national percentile

Education Score

6 / 100

Limited · better than 6% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Neptune Park Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Neptune Park, New London.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$339,899	+10.2%
Price / Sq Ft (Verified)	$201/sqft	+4.0%
Asking Rent (Median)	$1,597/mo	-0.6%
Gross Rental Yield	5.6%	—
Liquidity Score	21 / 100	Low
Homes Sold (Period)	41	-31.7%

Is Neptune Park Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Connecticut crime context.

Red Flag Breakdown

66 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Hurricane100Very High

Wildfire60High

Earthquake60High

Tornado40Moderate

Strong Wind40Moderate

Hail40Moderate

Heat20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Connecticut averaged 15.0 crimes and 1.4 violent per 1,000 residents (-11.7% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 5.6%

Appreciating market — +10.2% sale-price YoY

Active transaction volume — 41 homes sold last period

Flood risk is Very High (100/100)

Hurricane risk is Very High (100/100)

Insights are generated from Neptune Park's live DistrictScore metrics.

Neptune Park Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Connecticut-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Connecticut Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	15.0	1.4	-11.7%
2023	17.2	1.5	+3.8%
2022	16.6	1.5	-1.4%
2021	16.9	1.7	-1.6%
2020	17.5	1.8	+7.8%
2019	16.2	1.9	—

Reported at the state level — the finest official US crime aggregation; Neptune Park inherits the Connecticut figures.

Environmental Hazards

EPA / BTS

Industrial odor2 nearbyVery High

Point-source screening near Neptune Park: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Neptune Park

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

27

Car-Dependent

Walkability Score

0

Grocery

7

Dining

2

Schools

2

Universities

1

Hospitals

0

Pharmacies

4

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Neptune Park's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Neptune Park vs New London vs Connecticut

How Neptune Park benchmarks against its city and state medians.

Benchmark vs City & State

Across Neptune Park, the median sale price sits in line with the median for New London neighborhoods and about 15% below the statewide median. Gross rental yield is 5.6%, against 5.6% for New London neighborhoods and 6.1% statewide. Over the past 12 months, prices rose 10.2%. Transaction liquidity sits in line with the median for New London neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Neptune Park	$201/sqft	5.6%	21
New London	$201/sqft	5.6%	21
Connecticut	$237/sqft	6.1%	20

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Buying Property in the US as a Foreigner

Federal & Connecticut tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~1.36% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 6.99%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: graduated, with a high-value surcharge over $2.5M.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Mansion-style surcharge: an extra 2.25% on the price portion above $2.5M.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Connecticut property-tax guidance for foreign buyers

Neptune Park Real Estate FAQ

Neptune Park, New London, Connecticut shows a mixed profile for investors. Gross yield is 5.6, prices are in line with New London and about 14% below Connecticut, and values have risen 10.2 over the past year. The Red Flag score is 66, with walkability of 27 and education in the 6th percentile.

Neighborhoods near Neptune Park

Compare Neptune Park with nearby neighborhoods in New London.

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