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

North Massapequa, NY has a median modeled monthly cash flow of $-2,116 and a median cap rate of 2.8%, on a median sold price of $777,000. Prices changed +10.0% year over year.

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

The median cap rate across recently sold homes in North Massapequa, NY is 2.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in North Massapequa, NY is $777,000 (about $504 per square foot).

Investing in North Massapequa, NY Real Estate

A data-driven snapshot of the North Massapequa, 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.

$777,000Median sold price

$504Median $/sqft

2.8%Median cap rate

$-2,116Modeled cash flow / mo

+10.0%Appreciation YoY

6.3Months of supply

61Active listings

116Sold (last 12 mo)

What the North Massapequa numbers say

In North Massapequa, NY, the median home sold for $777,000 (about $504 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-2,116 of monthly cash flow. Sold prices moved +10.0% over the past year. Inventory sits at about 6.3 months of supply. 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 Massapequa cash-flowing listings

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