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

North Salem, NY has a median modeled monthly cash flow of $-3,616 and a median cap rate of 1.8%, on a median sold price of $793,750. Prices changed +10.4% 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 1.8%, 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 $793,750 (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.

$793,750Median sold price

$361Median $/sqft

1.8%Median cap rate

$-3,616Modeled cash flow / mo

+10.4%Appreciation YoY

10.0Months of supply

30Active listings

36Sold (last 12 mo)

What the North Salem numbers say

In North Salem, NY, the median home sold for $793,750 (about $361 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-3,616 of monthly cash flow. Sold prices moved +10.4% over the past year. Inventory sits at about 10.0 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.