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

Hewlett, NY has a median modeled monthly cash flow of $-1,958 and a median cap rate of 2.7%, on a median sold price of $733,000. Prices changed +5.6% year over year.

What is the average cap rate in Hewlett, NY?

The median cap rate across recently sold homes in Hewlett, NY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hewlett, NY?

The median sold price in Hewlett, NY is $733,000 (about $431 per square foot).

Investing in Hewlett, NY Real Estate

A data-driven snapshot of the Hewlett, 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.

$733,000Median sold price

$431Median $/sqft

2.7%Median cap rate

$-1,958Modeled cash flow / mo

+5.6%Appreciation YoY

7.8Months of supply

48Active listings

74Sold (last 12 mo)

What the Hewlett numbers say

In Hewlett, NY, the median home sold for $733,000 (about $431 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,958 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 7.8 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 Hewlett cash-flowing listings

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