Is Oyster Bay, NY a good place to invest in rental property?

Oyster Bay, NY has a median modeled monthly cash flow of $-2,878 and a median cap rate of 2.7%, on a median sold price of $830,000. Prices changed +5.1% year over year.

What is the average cap rate in Oyster Bay, NY?

The median cap rate across recently sold homes in Oyster Bay, NY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Oyster Bay, NY?

The median sold price in Oyster Bay, NY is $830,000 (about $502 per square foot).

Investing in Oyster Bay, NY Real Estate

A data-driven snapshot of the Oyster Bay, 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.

$830,000Median sold price

$502Median $/sqft

2.7%Median cap rate

$-2,878Modeled cash flow / mo

+5.1%Appreciation YoY

8.0Months of supply

28Active listings

42Sold (last 12 mo)

What the Oyster Bay numbers say

In Oyster Bay, NY, the median home sold for $830,000 (about $502 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-2,878 of monthly cash flow. Sold prices moved +5.1% over the past year. Inventory sits at about 8.0 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 Oyster Bay cash-flowing listings

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