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

North Sea, NY has a median modeled monthly cash flow of $-1,501 and a median cap rate of 5.7%, on a median sold price of $1,735,000. Prices changed -10.6% 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 5.7%, 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 $1,735,000 (about $758 per square foot).

Investing in North Sea, NY Real Estate

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.

$1,735,000Median sold price

$758Median $/sqft

5.7%Median cap rate

$-1,501Modeled cash flow / mo

-10.6%Appreciation YoY

18.0Months of supply

63Active listings

42Sold (last 12 mo)

What the North Sea numbers say

In North Sea, NY, the median home sold for $1,735,000 (about $758 per square foot), and the typical deal models out to a 5.7% cap rate with a median $-1,501 of monthly cash flow. Sold prices moved -10.6% over the past year. Inventory sits at about 18.0 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 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.