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

Heritage Hills, NY has a median modeled monthly cash flow of $-1,575 and a median cap rate of 3.3%, on a median sold price of $635,000. Prices changed +7.6% year over year.

What is the average cap rate in Heritage Hills, NY?

The median cap rate across recently sold homes in Heritage Hills, NY is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Heritage Hills, NY?

The median sold price in Heritage Hills, NY is $635,000 (about $454 per square foot).

Investing in Heritage Hills, NY Real Estate

A data-driven snapshot of the Heritage Hills, 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.

$635,000Median sold price

$454Median $/sqft

3.3%Median cap rate

$-1,575Modeled cash flow / mo

+7.6%Appreciation YoY

9.7Months of supply

96Active listings

119Sold (last 12 mo)

What the Heritage Hills numbers say

In Heritage Hills, NY, the median home sold for $635,000 (about $454 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,575 of monthly cash flow. Sold prices moved +7.6% over the past year. Inventory sits at about 9.7 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 Heritage Hills cash-flowing listings

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