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

Glen Cove, NY has a median modeled monthly cash flow of $-2,033 and a median cap rate of 3.6%, on a median sold price of $810,000. Prices changed +1.1% year over year.

What is the average cap rate in Glen Cove, NY?

The median cap rate across recently sold homes in Glen Cove, NY is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Glen Cove, NY?

The median sold price in Glen Cove, NY is $810,000 (about $458 per square foot).

Investing in Glen Cove, NY Real Estate

A data-driven snapshot of the Glen Cove, 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.

$810,000Median sold price

$458Median $/sqft

3.6%Median cap rate

$-2,033Modeled cash flow / mo

+1.1%Appreciation YoY

12.8Months of supply

185Active listings

173Sold (last 12 mo)

What the Glen Cove numbers say

In Glen Cove, NY, the median home sold for $810,000 (about $458 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-2,033 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 12.8 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 Glen Cove cash-flowing listings

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