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

Richmondville, NY has a median modeled monthly cash flow of $-854 and a median cap rate of 2.3%, on a median sold price of $245,000. Prices changed +59.4% year over year.

What is the average cap rate in Richmondville, NY?

The median cap rate across recently sold homes in Richmondville, NY is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Richmondville, NY?

The median sold price in Richmondville, NY is $245,000 (about $186 per square foot).

Investing in Richmondville, NY Real Estate

A data-driven snapshot of the Richmondville, 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.

$245,000Median sold price

$186Median $/sqft

2.3%Median cap rate

$-854Modeled cash flow / mo

+59.4%Appreciation YoY

9.7Months of supply

30Active listings

37Sold (last 12 mo)

What the Richmondville numbers say

In Richmondville, NY, the median home sold for $245,000 (about $186 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-854 of monthly cash flow. Sold prices moved +59.4% over the past year. Inventory sits at about 9.7 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 Richmondville cash-flowing listings

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