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

Island Park, NY has a median modeled monthly cash flow of $-976 and a median cap rate of 4.4%, on a median sold price of $740,000. Prices changed -13.6% year over year.

What is the average cap rate in Island Park, NY?

The median cap rate across recently sold homes in Island Park, NY is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Island Park, NY?

The median sold price in Island Park, NY is $740,000 (about $416 per square foot).

Investing in Island Park, NY Real Estate

A data-driven snapshot of the Island Park, 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.

$740,000Median sold price

$416Median $/sqft

4.4%Median cap rate

$-976Modeled cash flow / mo

-13.6%Appreciation YoY

9.4Months of supply

25Active listings

32Sold (last 12 mo)

What the Island Park numbers say

In Island Park, NY, the median home sold for $740,000 (about $416 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-976 of monthly cash flow. Sold prices moved -13.6% over the past year. Inventory sits at about 9.4 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 Island Park cash-flowing listings

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