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

Shenorock, NY has a median modeled monthly cash flow of $-1,762 and a median cap rate of 3.4%, on a median sold price of $810,000. Prices changed +3.9% year over year.

What is the average cap rate in Shenorock, NY?

The median cap rate across recently sold homes in Shenorock, NY is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shenorock, NY?

The median sold price in Shenorock, NY is $810,000 (about $347 per square foot).

Investing in Shenorock, NY Real Estate

A data-driven snapshot of the Shenorock, 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.

$810,000Median sold price

$347Median $/sqft

3.4%Median cap rate

$-1,762Modeled cash flow / mo

+3.9%Appreciation YoY

5.8Months of supply

23Active listings

48Sold (last 12 mo)

What the Shenorock numbers say

In Shenorock, NY, the median home sold for $810,000 (about $347 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,762 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 5.8 months of supply. 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 Shenorock cash-flowing listings

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