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

Newfield, NY has a median modeled monthly cash flow of $-649 and a median cap rate of 3.2%, on a median sold price of $258,275. Prices changed +2.9% year over year.

What is the average cap rate in Newfield, NY?

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

What is the median home price in Newfield, NY?

The median sold price in Newfield, NY is $258,275 (about $162 per square foot).

Investing in Newfield, NY Real Estate

A data-driven snapshot of the Newfield, 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.

$258,275Median sold price

$162Median $/sqft

3.2%Median cap rate

$-649Modeled cash flow / mo

+2.9%Appreciation YoY

8.3Months of supply

32Active listings

46Sold (last 12 mo)

What the Newfield numbers say

In Newfield, NY, the median home sold for $258,275 (about $162 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-649 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 8.3 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 Newfield cash-flowing listings

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