Is Great Neck Plaza, NY a good place to invest in rental property?

Great Neck Plaza, NY has a median modeled monthly cash flow of $-936 and a median cap rate of 4.4%, on a median sold price of $567,000. Prices changed +6.8% year over year.

What is the average cap rate in Great Neck Plaza, NY?

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

What is the median home price in Great Neck Plaza, NY?

The median sold price in Great Neck Plaza, NY is $567,000 (about $500 per square foot).

Investing in Great Neck Plaza, NY Real Estate

A data-driven snapshot of the Great Neck Plaza, 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.

$567,000Median sold price

$500Median $/sqft

4.4%Median cap rate

$-936Modeled cash flow / mo

+6.8%Appreciation YoY

8.8Months of supply

81Active listings

110Sold (last 12 mo)

What the Great Neck Plaza numbers say

In Great Neck Plaza, NY, the median home sold for $567,000 (about $500 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-936 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 8.8 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 Great Neck Plaza cash-flowing listings

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