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Cherry Rose Estates Condominiums Association, Inc.

Pyramid Real Estate Group 500 Summer Street, Stamford, CT, 06901

63/100 · C

Solid, with items to review

Flood-claim history is the main driver — $256K paid across 7 claims in ZIP 06901.

Based on 5 of 9 public-record signals · How the CondoScore works

Flood exposure78

Structure & age50

Hazards & cost72

Record depth46

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98,988associations tracked
3.6Mhomes covered
FEMA + stateprimary sources
July 2026last updated

We only publish what the public record says. Where the record is blank, we say so — we never fill the gap with an estimate. How we score →

The 3-second read

Signals from government records — tap any tile for the source.

Listed from state public records. Details can be incomplete or out of date — a blank means the record doesn't say, not that the answer is no. This directory is not a rating and not a lender's decision.

TypeCondo
Street addressPyramid Real Estate Group 500 Summer Street
CountyFairfield County
ZIP code06901
Mapped locationOn the map

Public records on file: 5 of 9

56%

Still blank: Homes, Stories, Year built, Management.

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Flood zone at this address

FEMA flood zoneX · AREA OF MINIMAL FLOOD HAZARD
Special Flood Hazard AreaNo

This zone is outside the high-risk flood area, so flood insurance is usually optional. Mapped by FEMA's National Flood Hazard Layer at this building's location. FEMA NFHL

Schools nearby

  • Hart School0.4 mi
    Grades 0–5 · 598 students
  • Cloonan School0.4 mi
    Grades 6–8 · 511 students
  • J. M. Wright Technical High School0.4 mi
    Grades 9–12 · 451 students

Distances are straight-line from this building. Enrollment counts come from the federal school directory — no school ratings are published in this data, so none are shown. NCES Common Core of Data

Know the risks before you buy

Flood claim history — ZIP 06901

Federal flood insurance has paid $256K across 7 claims in this ZIP code since 1979. The worst year was 2007 ($255K paid).

ZIP 06901 7 Avg. CT ZIP 99 Avg. U.S. ZIP 102
Claims per ZIP code on record since 1978 — this ZIP compared with the average ZIP in CT and nationally.

ZIP-level history for the whole ZIP code, not this building. Source: OpenFEMA NFIP claims (redacted, public domain).

What those hazards mean for insurance

  • Separate policyFlood. Not covered by standard condo or homeowners policies — flood damage needs a separate NFIP or private flood policy (for both the association and your unit). FEMA FloodSmart

How policies typically treat these perils — not a coverage determination for this building. Check the association’s master policy and your own unit (HO-6) policy.

What condo owners pay — state average

  • Connecticut average: $420/yr for a condo unit-owner (HO-6) policy — 27% below the U.S. average of $572 (2022, the latest state-by-state study). NAIC
  • Flood is separate: standard condo policies don’t cover flood — NFIP flood policies in Connecticut average $1,520/yr across 31,015 policies in force (June 30, 2026). FEMA

Averages for the geography shown — not a quote for this building. Actual premiums vary by insured value, deductibles, construction, and insurer.

The insurance market in Connecticut

  • If the private market says no: Connecticut FAIR Plan — statewide insurer of last resort for basic property insurance.
  • Storm deductibles: Windstorm/hail deductibles may be flat or a percentage of dwelling coverage; hurricane deductibles apply only when a hurricane warning brings sustained winds of 74+ mph to the state. CT Insurance Dept.

State-level market facts verified against the linked official sources (July 2026) — not a quote or availability determination for this building. Consumer help: Connecticut Insurance Department.

Insurance market in Connecticut

Main catastrophe perilsHurricane, Flood
Surplus lines tax4%
Discount for storm-hardened buildingsNot required
Declines needed before non-admitted cover0

State-level market rules, not a quote for this building. They shape what cover the association can buy and what it costs. NAIC state filings

Get the free Cherry Rose Estates Condominiums Association, Inc. report

Here's exactly what's inside:

  • The CondoScore, plus the signal that drives it
  • Every public record we hold on this building
  • FEMA flood-claim history for this ZIP, and the county hazard rating
  • Typical HO-6 insurance cost near here, and the Connecticut market rules
  • Where to request the official documents, with direct links

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What would living here cost per month?

Mortgage (P&I)
Property tax
HO-6 insurance (state average)$35
HOA dues (from the listing — you enter it)$600
Total per month
Household income to keep this under 28%

Your scenario, your math. The HO-6 figure is a geography-level average from state/NAIC filings — not a quote for this building. Dues and special assessments come from the association's own documents — always request the budget, reserve study, and meeting minutes before you sign.

Rules that hit your wallet

  • Aug 3, 2026 — Fannie Mae retires Limited Review: most condo loans need full project review — National Mortgage Professional
  • Jan 4, 2027 — associations must budget at least 15% of assessments to reserves for agency-backed loans — Whiteford client alert
  • Since Jul 1, 2026 — insurance deductibles above $50K can fail a building for financing — condo-approval.com

Why it matters in Connecticut: buildings that miss these marks can lose access to normal 30-year mortgages — which shrinks the pool of buyers when you resell. Run the free 5-minute check.

Is Cherry Rose Estates Condominiums Association, Inc. mortgage-ready?

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