Real Estate Investing in Glen Cove, New York (11542)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11542 (Glen Cove, 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.
What’s happening in Glen Cove, NY (11542)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11542 Glen Cove
ZIP 11542 in Glen Cove, NY carries a solid set of headwinds. Home values near $836K and rents of $3,721/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 11542 can be a a solid fit for hunting ground — but the discount at $836K reflects genuine risk that outside investors often underestimate.
The gap between 11542 and stronger Glen Cove ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 11542 ZIP's population of 29,020 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 11542 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 Glen Cove:
Property Strategy for 11542
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $643,546 | $2,850 | 3.2% | +8.3% | $321,773 |
| 3BR | $735,503 | $3,700 | 3.6% | +7.1% | $245,168 |
| 4BR | $947,366 | $3,910 | 3.0% | +7.3% | $236,841 |
| 5BR | $1,256,266 | — | — | +7.5% | $251,253 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11542 Compare?
| Metric | 11542 | Glen Cove | New York |
|---|---|---|---|
| Home Value | $836,459 | $836,459 | $505,608 |
| 5-Year CAGR | 5.7% | 5.7% | 6.6% |
| Avg Rent | $3,721 | $3,721 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 11542 (Glen Cove, NY). Anonymous, moderated, never written by AI.
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Property managers serving Nassau County
Manage rentals here? List your business →Bell Realty Management, Inc. is a premier management company for apartment houses, retail, office, mixed-use, and various commercial properties in NYC and Long Island. summary from their website
Cain Realty Management Corp. is a family-owned and operated industrial and commercial property management company in Plainview, NY. summary from their website
Boraie Development creates and manages visionary communities in New Jersey's urban centers, focusing on transformative projects. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $836,459 |
| Monthly Rent | $3,721 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 11542
Population: 29,020
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 11542
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LOCUST VALLEY HIGH SCHOOL
LOCUST VALLEY MIDDLE SCHOOL
SEA CLIFF ELEMENTARY SCHOOL
LOCUST VALLEY INTERMEDIATE SCHOOL
ANN MACARTHUR PRIMARY
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
Frequently Asked Questions
What are home prices like in Glen Cove, NY?
The median home value in Glen Cove, NY is roughly $836K. That puts it reasonable relative to the NY statewide average.
Do rentals sit vacant long in Glen Cove, NY?
Rental vacancy in Glen Cove, NY is elevated. Investors should budget normal turnover but not chronic empty units.
How qualified is the tenant pool in Glen Cove, NY?
Expect a solid tenant pool in Glen Cove, NY. The rental market absorbs $3,721/mo rents without meaningful friction.
Where do rents currently stand in Glen Cove, NY?
The typical rental in Glen Cove, NY commands about $3,721/mo monthly. That rent profile steady cash flow against the $836K purchase basis.
Is rental property easy to operate in Glen Cove, NY?
Landlord-friendliness in Glen Cove, NY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 11542 now. You don’t know where it ranks.
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How 11542 ranks in New York-Newark-Jersey City, NY-NJ-PA
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