Is Ballston Lake, NY a good place to invest in rental property?

Ballston Lake, NY has a median modeled monthly cash flow of $-2,211 and a median cap rate of 2.4%, on a median sold price of $545,000. Prices changed +1.6% year over year.

What is the average cap rate in Ballston Lake, NY?

The median cap rate across recently sold homes in Ballston Lake, NY is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ballston Lake, NY?

The median sold price in Ballston Lake, NY is $545,000 (about $259 per square foot).

Investing in Ballston Lake, NY Real Estate

A data-driven snapshot of the Ballston Lake, NY 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.

$545,000Median sold price

$259Median $/sqft

2.4%Median cap rate

$-2,211Modeled cash flow / mo

+1.6%Appreciation YoY

6.7Months of supply

89Active listings

159Sold (last 12 mo)

What the Ballston Lake numbers say

In Ballston Lake, NY, the median home sold for $545,000 (about $259 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,211 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 6.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Ballston Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Ballston Lake, NY 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 Ballston Lake deals, or browse the national market data.