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

Schroon Lake, NY has a median modeled monthly cash flow of $-2,103 and a median cap rate of 1.0%, on a median sold price of $365,000. Prices changed +3.4% year over year.

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

The median cap rate across recently sold homes in Schroon Lake, NY is 1.0%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Schroon Lake, NY is $365,000 (about $262 per square foot).

Investing in Schroon Lake, NY Real Estate

A data-driven snapshot of the Schroon 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.

$365,000Median sold price

$262Median $/sqft

1.0%Median cap rate

$-2,103Modeled cash flow / mo

+3.4%Appreciation YoY

14.3Months of supply

49Active listings

41Sold (last 12 mo)

What the Schroon Lake numbers say

In Schroon Lake, NY, the median home sold for $365,000 (about $262 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-2,103 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 14.3 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 Schroon Lake cash-flowing listings

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