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

Chestnut Ridge, NY has a median modeled monthly cash flow of $-3,647 and a median cap rate of 2.0%, on a median sold price of $925,000. Prices changed +5.2% year over year.

What is the average cap rate in Chestnut Ridge, NY?

The median cap rate across recently sold homes in Chestnut Ridge, NY is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chestnut Ridge, NY?

The median sold price in Chestnut Ridge, NY is $925,000 (about $433 per square foot).

Investing in Chestnut Ridge, NY Real Estate

A data-driven snapshot of the Chestnut Ridge, 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.

$925,000Median sold price

$433Median $/sqft

2.0%Median cap rate

$-3,647Modeled cash flow / mo

+5.2%Appreciation YoY

6.7Months of supply

34Active listings

61Sold (last 12 mo)

What the Chestnut Ridge numbers say

In Chestnut Ridge, NY, the median home sold for $925,000 (about $433 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-3,647 of monthly cash flow. Sold prices moved +5.2% 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 Chestnut Ridge cash-flowing listings

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