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

Fairmount, NY has a median modeled monthly cash flow of $-263 and a median cap rate of 5.1%, on a median sold price of $270,000. Prices changed +8.3% year over year.

What is the average cap rate in Fairmount, NY?

The median cap rate across recently sold homes in Fairmount, NY is 5.1%, 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 $270,000 (about $195 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.

$270,000Median sold price

$195Median $/sqft

5.1%Median cap rate

$-263Modeled cash flow / mo

+8.3%Appreciation YoY

10.0Months of supply

86Active listings

103Sold (last 12 mo)

What the Fairmount numbers say

In Fairmount, NY, the median home sold for $270,000 (about $195 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-263 of monthly cash flow. Sold prices moved +8.3% over the past year. Inventory sits at about 10.0 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.