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

Farmingdale, NY has a median modeled monthly cash flow of $-1,762 and a median cap rate of 3.2%, on a median sold price of $650,000. Prices changed +10.6% year over year.

What is the average cap rate in Farmingdale, NY?

The median cap rate across recently sold homes in Farmingdale, NY is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmingdale, NY?

The median sold price in Farmingdale, NY is $650,000 (about $450 per square foot).

Investing in Farmingdale, NY Real Estate

A data-driven snapshot of the Farmingdale, 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.

$650,000Median sold price

$450Median $/sqft

3.2%Median cap rate

$-1,762Modeled cash flow / mo

+10.6%Appreciation YoY

5.4Months of supply

34Active listings

75Sold (last 12 mo)

What the Farmingdale numbers say

In Farmingdale, NY, the median home sold for $650,000 (about $450 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,762 of monthly cash flow. Sold prices moved +10.6% over the past year. Inventory sits at about 5.4 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 Farmingdale cash-flowing listings

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