Is Upper Red Hook, NY a good place to invest in rental property?

Upper Red Hook, NY has a median modeled monthly cash flow of $-2,850 and a median cap rate of 1.7%, on a median sold price of $607,500. Prices changed +26.8% year over year.

What is the average cap rate in Upper Red Hook, NY?

The median cap rate across recently sold homes in Upper Red Hook, NY is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Upper Red Hook, NY?

The median sold price in Upper Red Hook, NY is $607,500 (about $329 per square foot).

Investing in Upper Red Hook, NY Real Estate

A data-driven snapshot of the Upper Red Hook, 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.

$607,500Median sold price

$329Median $/sqft

1.7%Median cap rate

$-2,850Modeled cash flow / mo

+26.8%Appreciation YoY

5.7Months of supply

35Active listings

74Sold (last 12 mo)

What the Upper Red Hook numbers say

In Upper Red Hook, NY, the median home sold for $607,500 (about $329 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,850 of monthly cash flow. Sold prices moved +26.8% over the past year. Inventory sits at about 5.7 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 Upper Red Hook cash-flowing listings

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