Real Estate Investing in Setauket, New York (11733)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11733 (Setauket, 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: 8.1% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Setauket, NY (11733)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11733 Setauket
Stepping back, ZIP 11733 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $874K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $874K asset, 11733 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 11733 and stronger Setauket ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A impressive renter share of 15% in 11733 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 11733 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 Setauket:
Property Strategy for 11733
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $668,565 | $3,080 | 3.3% | +7.0% | $334,283 |
| 3BR | $711,294 | $4,000 | 4.0% | +8.3% | $237,098 |
| 4BR | $864,740 | $4,220 | 3.5% | +8.1% | $216,185 |
| 5BR | $1,114,828 | — | — | +8.6% | $222,966 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11733 Compare?
| Metric | 11733 | Setauket | New York |
|---|---|---|---|
| Home Value | $874,260 | $874,260 | $505,608 |
| 5-Year CAGR | 6.1% | 6.1% | 6.6% |
| Avg Rent | $4,250 | $4,250 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 11733 (Setauket, 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 | $874,260 |
| Monthly Rent | $4,250 |
| Price-to-Rent | 17.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (3.8%). 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 11733
Population: 17,403
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 11733
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
EARL L VANDERMEULEN HIGH SCHOOL
PORT JEFFERSON ELEMENTARY SCHOOL
ROBERT CUSHMAN MURPHY JUNIOR HIGH SCHOOL
PORT JEFFERSON MIDDLE SCHOOL
WILLIAM SIDNEY MOUNT ELEMENTARY 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
What is the rental occupancy rate in Setauket, NY?
Vacancy risk in Setauket, NY is elevated. That supports predictable cash flow for typical rental holds.
How strict are landlord regulations in Setauket, NY?
NY ranks as a tenant-protective state for landlord-tenant law. Setauket generally follows the statewide framework, so landlords face reasonable operating rules.
What do landlords charge for rent in Setauket, NY?
Average rent in Setauket, NY is approximately $4,250/mo per month. Against $874K home values that yields a reasonable rent-to-price ratio.
How qualified is the tenant pool in Setauket, NY?
Setauket, NY offers a steady renter base at the $4,250/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strong is Setauket, NY for real estate investors?
Yes - Setauket, NY a 3.0/5 investability score. With $874K home prices against $4,250/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 11733 now. You don’t know where it ranks.
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How 11733 ranks in New York-Newark-Jersey City, NY-NJ-PA
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