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

Piermont, NY has a median modeled monthly cash flow of $-4,739 and a median cap rate of 0.4%, on a median sold price of $915,000. Prices changed +10.8% year over year.

What is the average cap rate in Piermont, NY?

The median cap rate across recently sold homes in Piermont, NY is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Piermont, NY?

The median sold price in Piermont, NY is $915,000 (about $447 per square foot).

Investing in Piermont, NY Real Estate

A data-driven snapshot of the Piermont, 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.

$915,000Median sold price

$447Median $/sqft

0.5%Median cap rate

$-4,739Modeled cash flow / mo

+10.8%Appreciation YoY

12.0Months of supply

33Active listings

33Sold (last 12 mo)

What the Piermont numbers say

In Piermont, NY, the median home sold for $915,000 (about $447 per square foot), and the typical deal models out to a 0.5% cap rate with a median $-4,739 of monthly cash flow. Sold prices moved +10.8% over the past year. Inventory sits at about 12.0 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 Piermont cash-flowing listings

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