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

Fairmount, NY has a median modeled monthly cash flow of $-413 and a median cap rate of 4.4%, on a median sold price of $260,000. Prices changed +10.2% year over year.

What is the average cap rate in Fairmount, NY?

The median cap rate across recently sold homes in Fairmount, NY is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fairmount, NY?

The median sold price in Fairmount, NY is $260,000 (about $194 per square foot).

Investing in Fairmount, NY Real Estate

A data-driven snapshot of the Fairmount, 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.

$260,000Median sold price

$194Median $/sqft

4.4%Median cap rate

$-413Modeled cash flow / mo

+10.2%Appreciation YoY

7.6Months of supply

67Active listings

106Sold (last 12 mo)

What the Fairmount numbers say

In Fairmount, NY, the median home sold for $260,000 (about $194 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-413 of monthly cash flow. Sold prices moved +10.2% over the past year. Inventory sits at about 7.6 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 Fairmount cash-flowing listings

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