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

Gloversville, NY has a median modeled monthly cash flow of $114 and a median cap rate of 7.1%, on a median sold price of $179,000. Prices changed +11.5% year over year.

What is the average cap rate in Gloversville, NY?

The median cap rate across recently sold homes in Gloversville, NY is 7.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gloversville, NY?

The median sold price in Gloversville, NY is $179,000 (about $112 per square foot).

Investing in Gloversville, NY Real Estate

#175 cash-flow market in the U.S.

A data-driven snapshot of the Gloversville, 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.

$179,000Median sold price

$112Median $/sqft

7.1%Median cap rate

$114Modeled cash flow / mo

+11.5%Appreciation YoY

12.4Months of supply

214Active listings

207Sold (last 12 mo)

What the Gloversville numbers say

In Gloversville, NY, the median home sold for $179,000 (about $112 per square foot), and the typical deal models out to a 7.1% cap rate with a median $114 of monthly cash flow. Sold prices moved +11.5% over the past year. Inventory sits at about 12.4 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 Gloversville cash-flowing listings

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