Real Estate Investing in Buskirk, New York (12028)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12028 (Buskirk, NY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Buskirk, NY (12028)?
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Market Analysis: 12028 Buskirk
The 12028 ZIP in Buskirk, NY is a local-operator market. Outside capital chasing a $303K entry has to pair deep knowledge with the discount.
Turning to rents, the numbers look inviting — $303K purchase price, 0.0% nominal cap — the work to hit that pro forma in 12028 is substantial and deserves full respect.
Statewide comparisons place 12028 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 12028 includes headwinds that any investor should price in. Income distribution skews lower than Buskirk averages, and tenant stability requires active management.
The 12028 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 Buskirk:
Property Strategy for 12028
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $236,146 | $1,340 | 4.1% | — | $118,073 |
| 3BR | $293,448 | $1,680 | 4.1% | +6.8% | $97,816 |
| 4BR | $333,721 | $1,780 | 3.8% | +7.7% | $83,430 |
Market Trends
Home Value History (with trend line)
📊 How Does 12028 Compare?
| Metric | 12028 | Buskirk | Glens Falls, NY | New York |
|---|---|---|---|---|
| Home Value | $303,317 | $303,317 | N/A | $505,608 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 6.6% |
| Avg Rent | $1,206 | $1,206 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12028 (Buskirk, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $303,317 |
| Monthly Rent | $1,206 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 12028
Population: 1,132
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is it easy to find good tenants in Buskirk, NY?
Tenant quality in Buskirk, NY ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,206/mo.
What kind of market is Buskirk, NY for investors?
Buskirk, NY scores 3.0/5 for investability. Home values sit at $303K and rents near $1,206/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is vacancy a concern in Buskirk, NY?
Buskirk, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Which investment style suits Buskirk, NY?
In Buskirk, NY the notable play is typically careful cash-flow rentals with hands-on management. The combination of $303K prices and $1,206/mo rents suits that approach.
What is the typical home price in Buskirk, NY?
The median home value in Buskirk, NY is roughly $303K. That puts it reasonable relative to the NY statewide average.
You know 12028 now. You don’t know where it ranks.
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How 12028 ranks in Glens Falls, NY
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