Real Estate Investing in Lake Grove, New York (11755)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11755 (Lake Grove, 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.
- High price-to-rent: Price-to-rent ratio 26.7 — hard to cash-flow at these prices.
What’s happening in Lake Grove, NY (11755)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11755 Lake Grove
This part of Suffolk County is not an easy win. The 11755 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 11755 is significant only for operators who understand what they are buying. A $743K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within NY, ZIP 11755 trails on several market indicators that neighboring Suffolk County submarkets outperform. The gap is real and solid enough to shape underwriting.
The 11755 ZIP's population of 11,953 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The right play in 11755 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Lake Grove:
Property Strategy for 11755
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $568,186 | $2,840 | 3.6% | +7.5% | $284,093 |
| 3BR | $633,433 | $3,680 | 4.2% | +9.2% | $211,144 |
| 4BR | $741,144 | $3,900 | 3.8% | +8.5% | $185,286 |
| 5BR | $859,837 | — | — | +8.1% | $171,967 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 11755 Compare?
| Metric | 11755 | Lake Grove | New York |
|---|---|---|---|
| Home Value | $742,918 | $742,918 | $505,608 |
| 5-Year CAGR | 6.9% | 6.9% | 6.6% |
| Avg Rent | $2,320 | $2,320 | - |
| Cap Rate | 2.4% | 2.4% | - |
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 11755 (Lake Grove, 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 | $742,918 |
| Monthly Rent | $2,320 |
| Price-to-Rent | 26.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.4% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.4%). 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 11755
Population: 11,953
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 11755
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
GREAT HOLLOW MIDDLE SCHOOL
TACKAN ELEMENTARY SCHOOL
HOLBROOK ROAD SCHOOL
JERICHO ELEMENTARY SCHOOL
OXHEAD ROAD 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
How much should I expect to pay for a home in Lake Grove, NY?
The median home value in Lake Grove, NY is roughly $743K. That puts it reasonable relative to the NY statewide average.
Should investors worry about vacancy in Lake Grove, NY?
Expect elevated vacancy in Lake Grove, NY. Rents at $2,320/mo are absorbed by the tenant base without meaningful lag.
What monthly rent should investors expect in Lake Grove, NY?
Expect rents around $2,320/mo per month in Lake Grove, NY. With home values at $743K, the yield math works out to reasonable levels for rental investors.
How landlord-friendly is Lake Grove, NY?
For rental operators, Lake Grove, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What kind of tenants rent in Lake Grove, NY?
The tenant pool in Lake Grove, NY is solid, supported by local employment and population fundamentals. Rents of $2,320/mo are well-absorbed by the market.
You know 11755 now. You don’t know where it ranks.
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How 11755 ranks in New York-Newark-Jersey City, NY-NJ-PA
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