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

Central Square, NY has a median modeled monthly cash flow of $-616 and a median cap rate of 3.6%, on a median sold price of $274,900. Prices changed -1.6% 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 3.6%, 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 $274,900 (about $154 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.

$274,900Median sold price

$154Median $/sqft

3.6%Median cap rate

$-616Modeled cash flow / mo

-1.6%Appreciation YoY

7.8Months of supply

42Active listings

65Sold (last 12 mo)

What the Central Square numbers say

In Central Square, NY, the median home sold for $274,900 (about $154 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-616 of monthly cash flow. Sold prices moved -1.6% over the past year. Inventory sits at about 7.8 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.