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

Hillcrest, NY has a median modeled monthly cash flow of $-2,762 and a median cap rate of 2.7%, on a median sold price of $880,000. Prices changed -7.2% year over year.

What is the average cap rate in Hillcrest, NY?

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

What is the median home price in Hillcrest, NY?

The median sold price in Hillcrest, NY is $880,000 (about $383 per square foot).

Investing in Hillcrest, NY Real Estate

A data-driven snapshot of the Hillcrest, 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.

$880,000Median sold price

$383Median $/sqft

2.7%Median cap rate

$-2,762Modeled cash flow / mo

-7.2%Appreciation YoY

16.4Months of supply

45Active listings

33Sold (last 12 mo)

What the Hillcrest numbers say

In Hillcrest, NY, the median home sold for $880,000 (about $383 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-2,762 of monthly cash flow. Sold prices moved -7.2% over the past year. Inventory sits at about 16.4 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 Hillcrest cash-flowing listings

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