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

North Hills, NY has a median modeled monthly cash flow of $-12,596 and a median cap rate of 1.2%, on a median sold price of $1,830,000. Prices changed +9.7% year over year.

What is the average cap rate in North Hills, NY?

The median cap rate across recently sold homes in North Hills, NY is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Hills, NY?

The median sold price in North Hills, NY is $1,830,000 (about $599 per square foot).

Investing in North Hills, NY Real Estate

A data-driven snapshot of the North Hills, 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.

$1,830,000Median sold price

$599Median $/sqft

1.2%Median cap rate

$-12,596Modeled cash flow / mo

+9.7%Appreciation YoY

9.1Months of supply

72Active listings

95Sold (last 12 mo)

What the North Hills numbers say

In North Hills, NY, the median home sold for $1,830,000 (about $599 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-12,596 of monthly cash flow. Sold prices moved +9.7% over the past year. Inventory sits at about 9.1 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 North Hills cash-flowing listings

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