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

Hammond, NY has a median modeled monthly cash flow of $-984 and a median cap rate of 2.0%, on a median sold price of $250,143. Prices changed -12.7% year over year.

What is the average cap rate in Hammond, NY?

The median cap rate across recently sold homes in Hammond, NY is 2.0%, 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 $250,143 (about $185 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.

$250,143Median sold price

$185Median $/sqft

2.0%Median cap rate

$-984Modeled cash flow / mo

-12.7%Appreciation YoY

15.6Months of supply

39Active listings

30Sold (last 12 mo)

What the Hammond numbers say

In Hammond, NY, the median home sold for $250,143 (about $185 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-984 of monthly cash flow. Sold prices moved -12.7% over the past year. Inventory sits at about 15.6 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.