Real Estate Investing in Hampton Bays, New York (11946)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Suffolk County • Population: 17,303 • Data updated: September 2026

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Should you buy in 11946 (Hampton Bays, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
STRONG
5.0 / 5 (95/100)

A balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.

⚠️ Risks to Know
2 flags
  • High vacancy: 29.1% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Hampton Bays, NY (11946)?

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5.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $962,500
Avg Monthly Rent $9,761
1% Rule ✓ Meets
Median Income $117,342
% Renters 22.8%

Market Analysis: 11946 Hampton Bays

Investors looking for drama won't find it in 11946. The Hampton Bays, NY ZIP offers $962K homes, steady $9,761/mo rents, and a worth a close look for risk profile.

Put differently, 11946 will not top anyone's high-flyer list, it rarely disappoints either. Yields near 0.0% and a 0.0% growth path are the base case, not the best case.

The significant case for 11946 regionally is its consistency — the ZIP has tracked NY trends without outsized volatility in either direction.

The resident base in 11946 has held steady over the past decade. A population of 17,303, a renter share near 23%, and a household-income profile tracking the county median all suggest a a solid fit for demographic foundation.

Strategically, 11946 is not where investors take big swings — it is where they hold quality, collect rent, and let time compound the modest 0.0% growth.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hampton Bays:

C Below Average
Buy Confidence Score: 59/100
Affordability
0/25
Appreciation
25/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 8.2× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $9,761/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 11946

Which property type performs best in this market?

Best for Cash Flow
1BR
3.1% cap rate
Best for Appreciation
2BR
+10.6% 5yr CAGR
Best Overall Value
4BR
$273,584/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $590,408 $2,510 3.1% +10.1% $590,408
2BR $735,050 $2,900 2.8% +10.6% $367,525
3BR $885,150 $3,760 3.1% +10.2% $295,050
4BR $1,094,338 $3,980 2.6% +10.4% $273,584
5BR $1,404,557 +10.6% $280,911

Market Trends

Home Value History (with trend line)

$1.0M$873K$736K$599K$463K$326KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$15,353$12,828$10,302$7,777$5,251$2,726Jun 2024Jul 2025Jul 2026

📊 How Does 11946 Compare?

Metric 11946 Hampton Bays New York
Home Value $962,500 $962,500 $505,608
5-Year CAGR 7.7% 7.7% 6.6%
Avg Rent $9,761 $9,761 -
Cap Rate 7.9% 7.9% -
💡 Why Invest in 11946? Click to expand

This ZIP code meets the 1% rule with rent at $9,761/mo on homes averaging $962,500 — a strong indicator of cash flow potential.

Our analysis gives this area a 5/5 investability rating, placing it in the top tier for rental property potential.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 11946 (Hampton Bays, 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

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Eminent Properties Ltd is a property management company. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Excellent
Cap Rate
7.9%
Good
5yr Growth
+7.7%
Strong

📊 Market Snapshot

Home Value $962,500
Monthly Rent $9,761
Price-to-Rent 8.2:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 12.2%
Cap Rate 7.9%
5-Year IRR 15.6%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +6.4% ▲
5-Year CAGR +7.7% ▲
10-Year CAGR +8.2% ▲

🏠 Rent Trends

1-Year +133.0% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 7.9%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (7.9%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
29.1%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+7.7%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 11946

Population: 17,303

💰 Median Household Income
$117,342
This area
$117,342
State
$86,376
USA
$74,580
🏠 Renter Occupied
22.8%
This area
22.8%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.2%
This area
2.2%
State
-24.2%
USA
3.7%
🎓 College Educated
39.7%
This area
39.7%
State
4.2%
USA
33.7%
👤 Median Age
43.9 years
This area
43.9 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
29.1%
This area
29.1%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 78.2%
Other/Mixed 18.6%
Hispanic/Latino 17.3%
Asian 2.3%
Black/African American 1.0%
👶 Under 18
19.3%
This area
19.3%
USA
22.0%
👴 65 and Over
19.2%
This area
19.2%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
USA
11.5%

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 11946

A+ Avg School Grade
3 Schools
10.7:1 Avg Class Size
$27,704 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

HAMPTON BAYS ELEMENTARY SCHOOL

📚 K – 04 Elementary
👥
665 Students
👨‍🏫
10.9:1 Class Size
💰
$27,704 Per Student
A+ Excellent

HAMPTON BAYS HIGH SCHOOL

📚 09 – 12 High School
👥
755 Students
👨‍🏫
11.4:1 Class Size
💰
$27,704 Per Student
A+ Excellent

HAMPTON BAYS MIDDLE SCHOOL

📚 05 – 08 School
👥
578 Students
👨‍🏫
9.9:1 Class Size
💰
$27,704 Per Student
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

1 Nearby 1 Off-Campus Students
C+
Eastern Suffolk BOCES
9 students · 8.7 mi

Frequently Asked Questions

Can owner-occupants cash flow in Hampton Bays, NY?

Hampton Bays, NY offers a workable house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $9,761/mo rent level.

What type of investing works in Hampton Bays, NY?

A steady buy-and-hold investing strategy Hampton Bays, NY best. The market produces consistent results for that approach at the $962K price point.

Is Hampton Bays in NY worth investing in?

Investors tracking Hampton Bays, NY will find a 5.0/5 rating supported by $962K median home values and $9,761/mo rents. That profile suits long-term holders targeting stable returns.

Are rents high in Hampton Bays, NY?

Rents in Hampton Bays, NY run near $9,761/mo. Compared with median home prices of $962K that produces solid gross yields for typical rentals.

How do home values compare in Hampton Bays, NY?

Homes in Hampton Bays, NY typically sell near $962K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

You know 11946 now. You don’t know where it ranks.

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How 11946 ranks in New York-Newark-Jersey City, NY-NJ-PA

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Cash Flow → Appreciation → Affordable →
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