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

Plainedge, NY has a median modeled monthly cash flow of $-2,308 and a median cap rate of 2.8%, on a median sold price of $773,000. Prices changed +3.0% year over year.

What is the average cap rate in Plainedge, NY?

The median cap rate across recently sold homes in Plainedge, NY is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Plainedge, NY?

The median sold price in Plainedge, NY is $773,000 (about $474 per square foot).

Investing in Plainedge, NY Real Estate

A data-driven snapshot of the Plainedge, 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.

$773,000Median sold price

$474Median $/sqft

2.8%Median cap rate

$-2,308Modeled cash flow / mo

+3.0%Appreciation YoY

13.2Months of supply

56Active listings

51Sold (last 12 mo)

What the Plainedge numbers say

In Plainedge, NY, the median home sold for $773,000 (about $474 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-2,308 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 13.2 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 Plainedge cash-flowing listings

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