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

Philmont, NY has a median modeled monthly cash flow of $-762 and a median cap rate of 3.8%, on a median sold price of $387,500. Prices changed +14.9% year over year.

What is the average cap rate in Philmont, NY?

The median cap rate across recently sold homes in Philmont, NY is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Philmont, NY?

The median sold price in Philmont, NY is $387,500 (about $232 per square foot).

Investing in Philmont, NY Real Estate

A data-driven snapshot of the Philmont, 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.

$387,500Median sold price

$232Median $/sqft

3.8%Median cap rate

$-762Modeled cash flow / mo

+14.9%Appreciation YoY

7.4Months of supply

26Active listings

42Sold (last 12 mo)

What the Philmont numbers say

In Philmont, NY, the median home sold for $387,500 (about $232 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-762 of monthly cash flow. Sold prices moved +14.9% over the past year. Inventory sits at about 7.4 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 Philmont cash-flowing listings

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