Real Estate Investing in Bohemia, New York (11716)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11716 (Bohemia, 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 Bohemia, NY (11716)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11716 Bohemia
In practical terms, ZIP 11716 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $721K median. It rewards specialists, not generalists.
Looking more closely, the numbers look inviting — $721K purchase price, 0.0% nominal cap — the work to hit that pro forma in 11716 is substantial and deserves full respect.
Nearby ZIPs in Bohemia have seen price recovery that 11716 has not matched. Suffolk County data supports the view that the spread is structural rather than temporary.
Looking more closely, 9,750 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 11716 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 Bohemia:
Property Strategy for 11716
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $599,665 | $2,980 | 3.6% | +8.2% | $299,833 |
| 3BR | $682,539 | $3,870 | 4.1% | +8.8% | $227,513 |
| 4BR | $766,203 | $4,090 | 3.8% | +8.4% | $191,551 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11716 Compare?
| Metric | 11716 | Bohemia | New York |
|---|---|---|---|
| Home Value | $721,265 | $721,265 | $505,608 |
| 5-Year CAGR | 5.4% | 5.4% | 6.6% |
| Avg Rent | $2,686 | $2,686 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 11716 (Bohemia, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $721,265 |
| Monthly Rent | $2,686 |
| Price-to-Rent | 22.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (2.9%). 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 11716
Population: 9,750
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 11716
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CHEROKEE STREET ELEMENTARY SCHOOL
CONNETQUOT ELEMENTARY SCHOOL
EAST ISLIP MIDDLE SCHOOL
HELEN B DUFFIELD ELEMENTARY SCHOOL
OAKDALE-BOHEMIA 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 2,927 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Bohemia, NY?
Bohemia, NY median home values land near $721K. That is reasonable territory for investors looking at $2,686/mo-per-month rentals.
What is the tenant pool like in Bohemia, NY?
The tenant pool in Bohemia, NY is solid, supported by local employment and population fundamentals. Rents of $2,686/mo are well-absorbed by the market.
Is Bohemia, NY a smart market for rental property?
The 3.0/5 investability rating in Bohemia, NY reflects its $721K prices and $2,686/mo rents. Investors generally consider it a solid option within NY.
Does house hacking make sense in Bohemia, NY?
House hacking works a challenging in Bohemia, NY. Rents of $2,686/mo against $721K acquisition make the strategy solid for owner-occupants.
Are eviction rules reasonable in Bohemia, NY?
For rental operators, Bohemia, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
You know 11716 now. You don’t know where it ranks.
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How 11716 ranks in New York-Newark-Jersey City, NY-NJ-PA
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