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

Watkins Glen, NY has a median modeled monthly cash flow of $-1,051 and a median cap rate of 1.7%, on a median sold price of $212,450. Prices changed +33.7% year over year.

What is the average cap rate in Watkins Glen, NY?

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

What is the median home price in Watkins Glen, NY?

The median sold price in Watkins Glen, NY is $212,450 (about $123 per square foot).

Investing in Watkins Glen, NY Real Estate

A data-driven snapshot of the Watkins Glen, 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.

$212,450Median sold price

$123Median $/sqft

1.7%Median cap rate

$-1,051Modeled cash flow / mo

+33.7%Appreciation YoY

5.3Months of supply

16Active listings

36Sold (last 12 mo)

What the Watkins Glen numbers say

In Watkins Glen, NY, the median home sold for $212,450 (about $123 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,051 of monthly cash flow. Sold prices moved +33.7% over the past year. Inventory sits at about 5.3 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 Watkins Glen cash-flowing listings

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