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

Watkins Glen, NY has a median modeled monthly cash flow of $-1,058 and a median cap rate of 2.5%, on a median sold price of $247,450. Prices changed +15.8% 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 2.5%, 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 $247,450 (about $154 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.

$247,450Median sold price

$154Median $/sqft

2.5%Median cap rate

$-1,058Modeled cash flow / mo

+15.8%Appreciation YoY

16.4Months of supply

41Active listings

30Sold (last 12 mo)

What the Watkins Glen numbers say

In Watkins Glen, NY, the median home sold for $247,450 (about $154 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,058 of monthly cash flow. Sold prices moved +15.8% over the past year. Inventory sits at about 16.4 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 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.