Is Newcastle, CA a good place to invest in rental property?

Newcastle, CA has a median modeled monthly cash flow of $-3,913 and a median cap rate of 1.6%, on a median sold price of $752,000. Prices changed -3.7% year over year.

What is the average cap rate in Newcastle, CA?

The median cap rate across recently sold homes in Newcastle, CA is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Newcastle, CA?

The median sold price in Newcastle, CA is $752,000 (about $396 per square foot).

Investing in Newcastle, CA Real Estate

A data-driven snapshot of the Newcastle, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$752,000Median sold price

$396Median $/sqft

1.6%Median cap rate

$-3,913Modeled cash flow / mo

-3.7%Appreciation YoY

10.3Months of supply

42Active listings

49Sold (last 12 mo)

What the Newcastle numbers say

In Newcastle, CA, the median home sold for $752,000 (about $396 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-3,913 of monthly cash flow. Sold prices moved -3.7% over the past year. Inventory sits at about 10.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Newcastle cash-flowing listings

CashFlowRE ranks every for-sale home in Newcastle, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Newcastle deals, or browse the national market data.