Real Estate Investing in Farmingdale, New York (11735)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11735 (Farmingdale, 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 Farmingdale, NY (11735)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11735 Farmingdale
Not every below-median market is a bargain. Farmingdale's 11735 ZIP reflects signals that favor experienced operators who can absorb the risk $748K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $748K asset, 11735 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 11735 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 11735 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 11735 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Farmingdale:
Property Strategy for 11735
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $572,304 | $2,710 | 3.4% | +7.5% | $286,152 |
| 3BR | $701,247 | $3,520 | 3.6% | +7.2% | $233,749 |
| 4BR | $744,306 | $3,720 | 3.6% | +6.9% | $186,076 |
| 5BR | $814,789 | — | — | +7.2% | $162,958 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11735 Compare?
| Metric | 11735 | Farmingdale | New York |
|---|---|---|---|
| Home Value | $748,365 | $748,365 | $505,608 |
| 5-Year CAGR | 5.9% | 5.9% | 6.6% |
| Avg Rent | $2,948 | $2,948 | - |
| Cap Rate | 3.1% | 3.1% | - |
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 11735 (Farmingdale, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11735 (Farmingdale, NY)?
~25 seconds · no account needed · your report is anonymous
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 | $748,365 |
| Monthly Rent | $2,948 |
| Price-to-Rent | 21.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.1%). 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 11735
Population: 32,778
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 11735
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CENTRAL BOULEVARD ELEMENTARY SCHOOL
CHARLES CAMPAGNE SCHOOL
JOHN F KENNEDY MIDDLE SCHOOL
PLAINEDGE MIDDLE SCHOOL
JOHN H WEST 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 1,804 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Farmingdale, NY?
Average rent in Farmingdale, NY is approximately $2,948/mo per month. Against $748K home values that yields a reasonable rent-to-price ratio.
What is the average home sale price in Farmingdale, NY?
The median home value in Farmingdale, NY is roughly $748K. That puts it reasonable relative to the NY statewide average.
Is real estate in Farmingdale, NY a good investment right now?
Farmingdale, NY reflects an investability rating of 3.0/5, with median home values near $748K and average rents around $2,948/mo. That combination puts it in the resilient tier for investor interest.
How should investors approach Farmingdale, NY?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Farmingdale, NY. The numbers - $748K homes against $2,948/mo rents - support that play.
Should investors worry about vacancy in Farmingdale, NY?
Rental vacancy in Farmingdale, NY is elevated. Investors should budget normal turnover but not chronic empty units.
You know 11735 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11735 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 11735 ranks in New York-Newark-Jersey City, NY-NJ-PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 11735 (Farmingdale)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 11735 (Farmingdale, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.