Real Estate Investing in Woodmere, New York (11598)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11598 (Woodmere, 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 37.0 — hard to cash-flow at these prices.
What’s happening in Woodmere, NY (11598)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11598 Woodmere
In practical terms, ZIP 11598 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.4M median. It rewards specialists, not generalists.
The investment case in 11598 is notable only for operators who understand what they are buying. A $1.4M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 11598 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 11598 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Woodmere:
Property Strategy for 11598
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $1,005,603 | $4,030 | 2.9% | +7.5% | $335,201 |
| 4BR | $1,220,865 | $4,270 | 2.5% | +8.1% | $305,216 |
| 5BR | $1,623,484 | — | — | +8.8% | $324,697 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11598 Compare?
| Metric | 11598 | Woodmere | New York |
|---|---|---|---|
| Home Value | $1,390,549 | $1,390,549 | $505,608 |
| 5-Year CAGR | 7.6% | 7.6% | 6.6% |
| Avg Rent | $3,130 | $3,130 | - |
| Cap Rate | 1.8% | 1.8% | - |
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 11598 (Woodmere, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11598 (Woodmere, NY)?
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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 | $1,390,549 |
| Monthly Rent | $3,130 |
| Price-to-Rent | 37.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.7% |
| Cap Rate | 1.8% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +8.0% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (1.8%). 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 11598
Population: 14,316
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 11598
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BROOKLYN AVENUE SCHOOL
DAVISON AVENUE INTERMEDIATE SCHOOL
EAST ROCKAWAY JUNIOR-SENIOR HIGH SCHOOL
FOREST ROAD SCHOOL
FRANKLIN EARLY CHILDHOOD CENTER
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 is the typical home price in Woodmere, NY?
Homes in Woodmere, NY typically sell near $1.4M. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
How strong is the working-renter base in Woodmere, NY?
Tenant demand in Woodmere, NY is solid. The local workforce $3,130/mo rents across most rental classes.
What do rentals go for in Woodmere, NY?
Rental rates in Woodmere, NY average $3,130/mo. Tenant demand and $1.4M home values make the yield look reasonable by investor standards.
Is Woodmere, NY a good place for real estate investing?
Yes - Woodmere, NY a 3.0/5 investability score. With $1.4M home prices against $3,130/mo monthly rent, the market delivers a reasonable entry point for new investors.
What real estate strategy is ideal for Woodmere, NY?
For Woodmere, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 11598 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11598 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 11598 ranks in New York-Newark-Jersey City, NY-NJ-PA
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