Real Estate Investing in Albertson, New York (11507)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11507 (Albertson, NY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 30.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Albertson, NY (11507)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11507 Albertson
On the rental side, ZIP 11507 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.1M median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 11507 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From a cash-flow lens, 11507 offers a low basis, the region around Albertson has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 11507 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 11507 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Albertson:
Property Strategy for 11507
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $985,485 | $4,360 | 3.2% | +6.6% | $328,495 |
| 4BR | $1,168,131 | $4,610 | 2.8% | +7.2% | $292,033 |
| 5BR | $1,564,697 | — | — | +8.0% | $312,939 |
Market Trends
Home Value History (with trend line)
📊 How Does 11507 Compare?
| Metric | 11507 | Albertson | New York |
|---|---|---|---|
| Home Value | $1,096,759 | $1,096,759 | $505,608 |
| 5-Year CAGR | 5.8% | 5.8% | 6.6% |
| Avg Rent | $3,024 | $3,024 | - |
| Cap Rate | 2.2% | 2.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 11507 (Albertson, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11507 (Albertson, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $1,096,759 |
| Monthly Rent | $3,024 |
| Price-to-Rent | 30.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 11507
Population: 6,581
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 11507
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CARLE PLACE MIDDLE SENIOR HIGH SCHOOL
CENTER STREET SCHOOL
EAST HILLS ELEMENTARY SCHOOL
JACKSON AVENUE SCHOOL
MANHASSET MIDDLE SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,021 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Albertson, NY?
The typical rental in Albertson, NY commands about $3,024/mo monthly. That rent profile consistent cash flow against the $1.1M purchase basis.
What approach is best for Albertson, NY real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Albertson, NY. The numbers - $1.1M homes against $3,024/mo rents - support that play.
How tight is the rental market in Albertson, NY?
Vacancy risk in Albertson, NY is elevated. That supports even-keeled cash flow for typical rental holds.
What is the average home sale price in Albertson, NY?
Expect median prices around $1.1M in Albertson, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What kind of market is Albertson, NY for investors?
Investors tracking Albertson, NY will find a 3.0/5 rating supported by $1.1M median home values and $3,024/mo rents. That profile suits long-term holders targeting steady returns.
You know 11507 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11507 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 11507 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 11507 (Albertson)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11507 (Albertson, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
