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

New Paltz, NY has a median modeled monthly cash flow of $-1,788 and a median cap rate of 1.9%, on a median sold price of $475,000. Prices changed -0.3% year over year.

What is the average cap rate in New Paltz, NY?

The median cap rate across recently sold homes in New Paltz, NY is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Paltz, NY?

The median sold price in New Paltz, NY is $475,000 (about $304 per square foot).

Investing in New Paltz, NY Real Estate

A data-driven snapshot of the New Paltz, 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.

$475,000Median sold price

$304Median $/sqft

1.9%Median cap rate

$-1,788Modeled cash flow / mo

-0.3%Appreciation YoY

17.9Months of supply

109Active listings

73Sold (last 12 mo)

What the New Paltz numbers say

In New Paltz, NY, the median home sold for $475,000 (about $304 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,788 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 17.9 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 New Paltz cash-flowing listings

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