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

Sands Point, NY has a median modeled monthly cash flow of $-23,508 and a median cap rate of -0.4%, on a median sold price of $3,850,000. Prices changed +4.8% year over year.

What is the average cap rate in Sands Point, NY?

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

What is the median home price in Sands Point, NY?

The median sold price in Sands Point, NY is $3,850,000 (about $772 per square foot).

Investing in Sands Point, NY Real Estate

A data-driven snapshot of the Sands Point, 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.

$3,850,000Median sold price

$772Median $/sqft

-0.4%Median cap rate

$-23,508Modeled cash flow / mo

+4.8%Appreciation YoY

9.7Months of supply

25Active listings

31Sold (last 12 mo)

What the Sands Point numbers say

In Sands Point, NY, the median home sold for $3,850,000 (about $772 per square foot), and the typical deal models out to a -0.4% cap rate with a median $-23,508 of monthly cash flow. Sold prices moved +4.8% 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 Sands Point cash-flowing listings

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