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

North Sea, NY has a median modeled monthly cash flow of $383 and a median cap rate of 6.5%, on a median sold price of $1,850,000. Prices changed -3.6% year over year.

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

The median cap rate across recently sold homes in North Sea, NY is 6.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in North Sea, NY is $1,850,000 (about $760 per square foot).

Investing in North Sea, NY Real Estate

#63 cash-flow market in the U.S.

A data-driven snapshot of the North Sea, 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.

$1,850,000Median sold price

$760Median $/sqft

6.5%Median cap rate

$383Modeled cash flow / mo

-3.6%Appreciation YoY

15.1Months of supply

54Active listings

43Sold (last 12 mo)

What the North Sea numbers say

In North Sea, NY, the median home sold for $1,850,000 (about $760 per square foot), and the typical deal models out to a 6.5% cap rate with a median $383 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 15.1 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 Sea cash-flowing listings

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