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

Hammond, NY has a median modeled monthly cash flow of $-914 and a median cap rate of 2.4%, on a median sold price of $229,250. Prices changed -5.5% year over year.

What is the average cap rate in Hammond, NY?

The median cap rate across recently sold homes in Hammond, NY is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hammond, NY?

The median sold price in Hammond, NY is $229,250 (about $172 per square foot).

Investing in Hammond, NY Real Estate

A data-driven snapshot of the Hammond, 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.

$229,250Median sold price

$172Median $/sqft

2.4%Median cap rate

$-914Modeled cash flow / mo

-5.5%Appreciation YoY

9.2Months of supply

40Active listings

52Sold (last 12 mo)

What the Hammond numbers say

In Hammond, NY, the median home sold for $229,250 (about $172 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-914 of monthly cash flow. Sold prices moved -5.5% over the past year. Inventory sits at about 9.2 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 Hammond cash-flowing listings

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