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

East Meadow, NY has a median modeled monthly cash flow of $-2,236 and a median cap rate of 3.0%, on a median sold price of $797,000. Prices changed +7.3% year over year.

What is the average cap rate in East Meadow, NY?

The median cap rate across recently sold homes in East Meadow, NY is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Meadow, NY?

The median sold price in East Meadow, NY is $797,000 (about $513 per square foot).

Investing in East Meadow, NY Real Estate

A data-driven snapshot of the East Meadow, 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.

$797,000Median sold price

$513Median $/sqft

3.0%Median cap rate

$-2,236Modeled cash flow / mo

+7.3%Appreciation YoY

6.4Months of supply

144Active listings

268Sold (last 12 mo)

What the East Meadow numbers say

In East Meadow, NY, the median home sold for $797,000 (about $513 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-2,236 of monthly cash flow. Sold prices moved +7.3% over the past year. Inventory sits at about 6.4 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 East Meadow cash-flowing listings

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