Real Estate Investing in Bay Shore, New York (11706)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11706 (Bay Shore, 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.
- Elevated vacancy: 10.8% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Bay Shore, NY (11706)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11706 Bay Shore
Turning to rents, ZIP 11706 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $648K median. It rewards specialists, not generalists.
Meanwhile, the numbers look inviting — $648K purchase price, 0.0% nominal cap — the work to hit that pro forma in 11706 is substantial and deserves full respect.
Statewide comparisons place 11706 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 11706 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. robust returns are possible in 11706, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Bay Shore:
Property Strategy for 11706
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $546,539 | $2,450 | 3.2% | +7.3% | $273,269 |
| 3BR | $605,402 | $3,180 | 3.8% | +7.9% | $201,801 |
| 4BR | $658,058 | $3,360 | 3.7% | +8.3% | $164,515 |
| 5BR | $715,375 | — | — | +8.1% | $143,075 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11706 Compare?
| Metric | 11706 | Bay Shore | New York |
|---|---|---|---|
| Home Value | $647,608 | $647,608 | $505,608 |
| 5-Year CAGR | 4.2% | 4.2% | 6.6% |
| Avg Rent | $2,944 | $2,944 | - |
| Cap Rate | 3.6% | 3.6% | - |
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 11706 (Bay Shore, NY). Anonymous, moderated, never written by AI.
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Property managers serving Suffolk County
Manage rentals here? List your business →CXA Management provides property management services. summary from their website
Eminent Properties Ltd is a property management company. 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 | $647,608 |
| Monthly Rent | $2,944 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | 0.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 11706
Population: 68,648
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 11706
Schools in This ZIP Code
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
Is vacancy a concern in Bay Shore, NY?
Vacancy in Bay Shore, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,944/mo.
Does Bay Shore, NY favor landlords or tenants?
NY law tenant-protective for landlords, and Bay Shore inherits those rules. Investors should still review local ordinances for rental licensing.
Is real estate in Bay Shore, NY a good investment right now?
Bay Shore, NY registers an investability rating of 3.0/5, with median home values near $648K and average rents around $2,944/mo. That combination puts it in the resilient tier for investor interest.
Are tenants stable in Bay Shore, NY?
Tenant demand in Bay Shore, NY is solid. The local workforce $2,944/mo rents across most rental classes.
Where do rents currently stand in Bay Shore, NY?
Bay Shore, NY rentals go for roughly $2,944/mo a month. That puts gross yield in solid territory relative to $648K acquisition costs.
You know 11706 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11706 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 11706 ranks in New York-Newark-Jersey City, NY-NJ-PA
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