Real Estate Investing in North Bellmore, New York (11710)
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Should you buy in 11710 (North Bellmore, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 North Bellmore, NY (11710)?
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Market Analysis: 11710 North Bellmore
ZIP 11710 in North Bellmore, NY carries a sturdy set of headwinds. Home values near $833K and rents of $3,400/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $833K purchase price, 0.0% nominal cap — the work to hit that pro forma in 11710 is substantial and deserves full respect.
The gap between 11710 and stronger North Bellmore ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 11710 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. significant returns are possible in 11710, 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 North Bellmore:
Property Strategy for 11710
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $620,748 | $3,080 | 3.6% | +6.6% | $310,374 |
| 3BR | $758,410 | $4,000 | 3.8% | +7.0% | $252,803 |
| 4BR | $876,250 | $4,220 | 3.5% | +6.9% | $219,063 |
| 5BR | $959,692 | — | — | +6.7% | $191,938 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11710 Compare?
| Metric | 11710 | North Bellmore | New York |
|---|---|---|---|
| Home Value | $832,608 | $832,608 | $505,608 |
| 5-Year CAGR | 5.6% | 5.6% | 6.6% |
| Avg Rent | $3,400 | $3,400 | - |
| Cap Rate | 3.2% | 3.2% | - |
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 11710 (North Bellmore, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $832,608 |
| Monthly Rent | $3,400 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (3.2%). 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 11710
Population: 34,459
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 11710
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
Investor Insight: With 719 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 North Bellmore, NY?
Rents in North Bellmore, NY run near $3,400/mo. Compared with median home prices of $833K that produces solid gross yields for typical rentals.
Is rental property easy to operate in North Bellmore, NY?
North Bellmore, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
Is North Bellmore, NY better for rentals, flips, or BRRRR?
Investors usually favor careful cash-flow rentals with hands-on management in North Bellmore, NY. With home values at $833K and rents near $3,400/mo, other strategies can work but produce steady rather than outsized returns.
Is North Bellmore, NY good for house hacking?
House hacking in North Bellmore, NY is reasonable to execute. Prices around $833K and rents of $3,400/mo solid owner-occupant economics.
Is real estate in North Bellmore, NY a good investment right now?
North Bellmore, NY reflects an investability rating of 3.0/5, with median home values near $833K and average rents around $3,400/mo. That combination puts it in the significant tier for investor interest.
You know 11710 now. You don’t know where it ranks.
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How 11710 ranks in New York-Newark-Jersey City, NY-NJ-PA
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