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

Putnam Lake, NY has a median modeled monthly cash flow of $-1,015 and a median cap rate of 3.5%, on a median sold price of $420,000. Prices changed +17.1% year over year.

What is the average cap rate in Putnam Lake, NY?

The median cap rate across recently sold homes in Putnam Lake, NY is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Putnam Lake, NY?

The median sold price in Putnam Lake, NY is $420,000 (about $332 per square foot).

Investing in Putnam Lake, NY Real Estate

A data-driven snapshot of the Putnam Lake, 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.

$420,000Median sold price

$332Median $/sqft

3.5%Median cap rate

$-1,015Modeled cash flow / mo

+17.1%Appreciation YoY

14.9Months of supply

41Active listings

33Sold (last 12 mo)

What the Putnam Lake numbers say

In Putnam Lake, NY, the median home sold for $420,000 (about $332 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,015 of monthly cash flow. Sold prices moved +17.1% over the past year. Inventory sits at about 14.9 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 Putnam Lake cash-flowing listings

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