Professional grm calculator optimized for residential properties in New York. Local market data shows 4.2% average cap rates and $750,000 median property values.
This calculator is currently being developed.
The New York, NY residential real estate market offers unique investment opportunities. With a median home price of $750,000 and average cap rates of 4.2%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 45 days on market, with year-over-year appreciation of 3.8%. Average cash-on-cash returns for residential investments in New York are approximately 6.5%.