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

Mechanicstown, NY has a median modeled monthly cash flow of $-1,176 and a median cap rate of 3.1%, on a median sold price of $400,000. Prices changed +0.2% year over year.

What is the average cap rate in Mechanicstown, NY?

The median cap rate across recently sold homes in Mechanicstown, NY is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mechanicstown, NY?

The median sold price in Mechanicstown, NY is $400,000 (about $244 per square foot).

Investing in Mechanicstown, NY Real Estate

A data-driven snapshot of the Mechanicstown, 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.

$400,000Median sold price

$244Median $/sqft

3.1%Median cap rate

$-1,176Modeled cash flow / mo

+0.2%Appreciation YoY

9.6Months of supply

52Active listings

65Sold (last 12 mo)

What the Mechanicstown numbers say

In Mechanicstown, NY, the median home sold for $400,000 (about $244 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,176 of monthly cash flow. Sold prices moved +0.2% over the past year. Inventory sits at about 9.6 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 Mechanicstown cash-flowing listings

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