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

North Salem, NY has a median modeled monthly cash flow of $-3,724 and a median cap rate of 2.5%, on a median sold price of $832,500. Prices changed +2.3% year over year.

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

The median cap rate across recently sold homes in North Salem, NY is 2.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in North Salem, NY is $832,500 (about $361 per square foot).

Investing in North Salem, NY Real Estate

A data-driven snapshot of the North Salem, 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.

$832,500Median sold price

$361Median $/sqft

2.5%Median cap rate

$-3,724Modeled cash flow / mo

+2.3%Appreciation YoY

8.2Months of supply

22Active listings

32Sold (last 12 mo)

What the North Salem numbers say

In North Salem, NY, the median home sold for $832,500 (about $361 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-3,724 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 8.2 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 Salem cash-flowing listings

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