Is North New Hyde Park, NY a good place to invest in rental property?

North New Hyde Park, NY has a median modeled monthly cash flow of $-2,931 and a median cap rate of 2.6%, on a median sold price of $946,500. Prices changed +5.3% year over year.

What is the average cap rate in North New Hyde Park, NY?

The median cap rate across recently sold homes in North New Hyde Park, NY is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North New Hyde Park, NY?

The median sold price in North New Hyde Park, NY is $946,500 (about $635 per square foot).

Investing in North New Hyde Park, NY Real Estate

A data-driven snapshot of the North New Hyde 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.

$946,500Median sold price

$635Median $/sqft

2.6%Median cap rate

$-2,931Modeled cash flow / mo

+5.3%Appreciation YoY

13.3Months of supply

113Active listings

102Sold (last 12 mo)

What the North New Hyde Park numbers say

In North New Hyde Park, NY, the median home sold for $946,500 (about $635 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,931 of monthly cash flow. Sold prices moved +5.3% over the past year. Inventory sits at about 13.3 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 North New Hyde Park cash-flowing listings

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