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

Merritt Park, NY has a median modeled monthly cash flow of $-2,002 and a median cap rate of 1.8%, on a median sold price of $617,000. Prices changed -5.8% year over year.

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

The median cap rate across recently sold homes in Merritt Park, NY is 1.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Merritt Park, NY is $617,000 (about $286 per square foot).

Investing in Merritt Park, NY Real Estate

A data-driven snapshot of the Merritt 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.

$617,000Median sold price

$286Median $/sqft

1.8%Median cap rate

$-2,002Modeled cash flow / mo

-5.8%Appreciation YoY

7.8Months of supply

43Active listings

66Sold (last 12 mo)

What the Merritt Park numbers say

In Merritt Park, NY, the median home sold for $617,000 (about $286 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,002 of monthly cash flow. Sold prices moved -5.8% 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 Merritt Park cash-flowing listings

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