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

Hammondsport, NY has a median modeled monthly cash flow of $-2,646 and a median cap rate of 1.1%, on a median sold price of $345,000. Prices changed -12.9% year over year.

What is the average cap rate in Hammondsport, NY?

The median cap rate across recently sold homes in Hammondsport, NY is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hammondsport, NY?

The median sold price in Hammondsport, NY is $345,000 (about $234 per square foot).

Investing in Hammondsport, NY Real Estate

A data-driven snapshot of the Hammondsport, 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.

$345,000Median sold price

$234Median $/sqft

1.1%Median cap rate

$-2,646Modeled cash flow / mo

-12.9%Appreciation YoY

10.5Months of supply

43Active listings

49Sold (last 12 mo)

What the Hammondsport numbers say

In Hammondsport, NY, the median home sold for $345,000 (about $234 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,646 of monthly cash flow. Sold prices moved -12.9% over the past year. Inventory sits at about 10.5 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 Hammondsport cash-flowing listings

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