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

Central Square, NY has a median modeled monthly cash flow of $-580 and a median cap rate of 3.8%, on a median sold price of $279,538. Prices changed +2.6% year over year.

What is the average cap rate in Central Square, NY?

The median cap rate across recently sold homes in Central Square, NY is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Central Square, NY?

The median sold price in Central Square, NY is $279,538 (about $160 per square foot).

Investing in Central Square, NY Real Estate

A data-driven snapshot of the Central Square, 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.

$279,538Median sold price

$160Median $/sqft

3.8%Median cap rate

$-580Modeled cash flow / mo

+2.6%Appreciation YoY

9.5Months of supply

52Active listings

66Sold (last 12 mo)

What the Central Square numbers say

In Central Square, NY, the median home sold for $279,538 (about $160 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-580 of monthly cash flow. Sold prices moved +2.6% over the past year. Inventory sits at about 9.5 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 New York markets to compare

See Central Square cash-flowing listings

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