Is Newcastle, WA a good place to invest in rental property?

Newcastle, WA has a median modeled monthly cash flow of $-6,958 and a median cap rate of 1.0%, on a median sold price of $1,549,995. Prices changed +4.5% year over year.

What is the average cap rate in Newcastle, WA?

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

What is the median home price in Newcastle, WA?

The median sold price in Newcastle, WA is $1,549,995 (about $581 per square foot).

Investing in Newcastle, WA Real Estate

A data-driven snapshot of the Newcastle, WA 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.

$1,549,995Median sold price

$581Median $/sqft

1.0%Median cap rate

$-6,958Modeled cash flow / mo

+4.5%Appreciation YoY

8.7Months of supply

146Active listings

202Sold (last 12 mo)

What the Newcastle numbers say

In Newcastle, WA, the median home sold for $1,549,995 (about $581 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-6,958 of monthly cash flow. Sold prices moved +4.5% over the past year. Inventory sits at about 8.7 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 Washington markets to compare

See Newcastle cash-flowing listings

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