Real Estate Investing in Old Bethpage, New York (11804)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 11804 (Old Bethpage, 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 30.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Old Bethpage, NY (11804)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 11804 Old Bethpage
The 11804 ZIP in Old Bethpage, NY is a local-operator market. Outside capital chasing a $1.0M entry has to pair deep knowledge with the discount.
For an experienced owner, 11804 can be a an appealing option for hunting ground — but the discount at $1.0M reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 11804 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 11804 ZIP's population of 4,613 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 11804 is an operator game, not a passive one. Turning to rents, entry prices of $1.0M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Old Bethpage:
Property Strategy for 11804
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $924,726 | $4,040 | 3.1% | +8.1% | $308,242 |
| 4BR | $1,062,569 | $4,270 | 2.9% | +8.0% | $265,642 |
Market Trends
Home Value History (with trend line)
📊 How Does 11804 Compare?
| Metric | 11804 | Old Bethpage | New York |
|---|---|---|---|
| Home Value | $1,035,707 | $1,035,707 | $505,608 |
| 5-Year CAGR | 7.2% | 7.2% | 6.6% |
| Avg Rent | $2,799 | $2,799 | - |
| Cap Rate | 2.1% | 2.1% | - |
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 11804 (Old Bethpage, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 11804 (Old Bethpage, NY)?
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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 | $1,035,707 |
| Monthly Rent | $2,799 |
| Price-to-Rent | 30.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +8.5% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (2.1%). 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 11804
Population: 4,613
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 11804
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BAYLIS ELEMENTARY SCHOOL
CENTRAL BOULEVARD ELEMENTARY SCHOOL
CHARLES CAMPAGNE SCHOOL
H B MATTLIN MIDDLE SCHOOL
JOHN F KENNEDY 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 1,804 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Old Bethpage, NY landlord-friendly?
NY law tenant-protective for landlords, and Old Bethpage inherits those rules. Investors should still review local ordinances for rental licensing.
How qualified is the tenant pool in Old Bethpage, NY?
The tenant pool in Old Bethpage, NY is solid, supported by local employment and population fundamentals. Rents of $2,799/mo are well-absorbed by the market.
What are home prices like in Old Bethpage, NY?
The median home value in Old Bethpage, NY is roughly $1.0M. That puts it reasonable relative to the NY statewide average.
Can I house hack in Old Bethpage, NY?
Old Bethpage, NY offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,799/mo rent level.
Does Old Bethpage, NY make sense for an investment property?
With a 3.0/5 investability score, Old Bethpage, NY ranks as a solid market for rental property investors. Median prices of $1.0M and rents of $2,799/mo drive the underlying numbers.
You know 11804 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 11804 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 11804 ranks in New York-Newark-Jersey City, NY-NJ-PA
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