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

East Rockaway, NY has a median modeled monthly cash flow of $-2,071 and a median cap rate of 3.0%, on a median sold price of $710,000. Prices changed -0.4% year over year.

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

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

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

The median sold price in East Rockaway, NY is $710,000 (about $412 per square foot).

Investing in East Rockaway, NY Real Estate

A data-driven snapshot of the East Rockaway, 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.

$710,000Median sold price

$412Median $/sqft

3.0%Median cap rate

$-2,071Modeled cash flow / mo

-0.4%Appreciation YoY

8.4Months of supply

57Active listings

81Sold (last 12 mo)

What the East Rockaway numbers say

In East Rockaway, NY, the median home sold for $710,000 (about $412 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-2,071 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 8.4 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 East Rockaway cash-flowing listings

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