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

Locust Valley, NY has a median modeled monthly cash flow of $-2,467 and a median cap rate of 3.2%, on a median sold price of $974,000. Prices changed -7.9% year over year.

What is the average cap rate in Locust Valley, NY?

The median cap rate across recently sold homes in Locust Valley, NY is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Locust Valley, NY?

The median sold price in Locust Valley, NY is $974,000 (about $516 per square foot).

Investing in Locust Valley, NY Real Estate

A data-driven snapshot of the Locust Valley, 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.

$974,000Median sold price

$516Median $/sqft

3.2%Median cap rate

$-2,467Modeled cash flow / mo

-7.9%Appreciation YoY

7.4Months of supply

21Active listings

34Sold (last 12 mo)

What the Locust Valley numbers say

In Locust Valley, NY, the median home sold for $974,000 (about $516 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-2,467 of monthly cash flow. Sold prices moved -7.9% over the past year. Inventory sits at about 7.4 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 Locust Valley cash-flowing listings

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