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

Canastota, NY has a median modeled monthly cash flow of $-407 and a median cap rate of 3.5%, on a median sold price of $212,370. Prices changed +2.1% year over year.

What is the average cap rate in Canastota, NY?

The median cap rate across recently sold homes in Canastota, NY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canastota, NY?

The median sold price in Canastota, NY is $212,370 (about $144 per square foot).

Investing in Canastota, NY Real Estate

A data-driven snapshot of the Canastota, 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.

$212,370Median sold price

$144Median $/sqft

3.5%Median cap rate

$-407Modeled cash flow / mo

+2.1%Appreciation YoY

5.5Months of supply

36Active listings

79Sold (last 12 mo)

What the Canastota numbers say

In Canastota, NY, the median home sold for $212,370 (about $144 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-407 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 5.5 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 Canastota cash-flowing listings

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