Real Estate Investing in Castleton-on-Hudson, New York (12033)

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

Rensselaer County • Population: 7,772 • Data updated: September 2026

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Should you buy in 12033 (Castleton-on-Hudson, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Castleton-on-Hudson, NY (12033)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $384,367
Avg Monthly Rent $1,600
1% Rule ✗ Does Not Meet
Median Income $91,061
% Renters 21.7%

Market Analysis: 12033 Castleton-on-Hudson

The 12033 ZIP covers a section of Castleton-on-Hudson that demands careful diligence. Prices near $384K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 12033 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 12033's metrics run below Rensselaer County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Resident income in 12033 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 12033 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.

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 Castleton-on-Hudson:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+9.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,600/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Albany-Schenectady-Troy, NY Metro Area
Even conditions for buyers and sellers
24 days
Average time to sell
Fast
9.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Albany-Schenectady-Troy, NY metro data
🏠

Property Strategy for 12033

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
5BR
+8.3% 5yr CAGR
Best Overall Value
5BR
$98,762/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $248,993 $1,830 5.3% +7.9% $124,497
3BR $345,591 $2,190 4.6% +7.9% $115,197
4BR $439,808 $2,420 4.0% +8.1% $109,952
5BR $493,812 +8.3% $98,762

Market Trends

Home Value History (with trend line)

$400K$355K$310K$265K$220K$174KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

No data available

📊 How Does 12033 Compare?

Metric 12033 Castleton-on-Hudson Albany-Schenectady-Troy, NY New York
Home Value $384,367 $384,367 N/A $505,608
5-Year CAGR 7.0% 7.0% N/A 6.6%
Avg Rent $1,600 $1,600 N/A -
Cap Rate 3.3% 3.3% - -
💡 Why Invest in 12033? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 12033 (Castleton-on-Hudson, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+7.0%
Strong

📊 Market Snapshot

Home Value $384,367
Monthly Rent $1,600
Price-to-Rent 20.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.0%
Cap Rate 3.3%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +9.0% ▲
3-Year CAGR +7.2% ▲
5-Year CAGR +7.0% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
6.7%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+7.0%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 12033

Population: 7,772

💰 Median Household Income
$91,061
This area
$91,061
State
$86,376
USA
$74,580
🏠 Renter Occupied
21.7%
This area
21.7%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-24.2%
USA
3.7%
🎓 College Educated
32.2%
This area
32.2%
State
4.2%
USA
33.7%
👤 Median Age
47.8 years
This area
47.8 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
6.7%
This area
6.7%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 93.0%
Other/Mixed 5.4%
Hispanic/Latino 3.4%
Black/African American 0.9%
Asian 0.7%
👶 Under 18
16.6%
This area
16.6%
USA
22.0%
👴 65 and Over
24.6%
This area
24.6%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
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 12033

A+ Avg School Grade
4 Schools
9.0:1 Avg Class Size
$28,321 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

GREEN MEADOW SCHOOL

📚 Pre-K – 05 Elementary
👥
367 Students
👨‍🏫
10.4:1 Class Size
💰
$27,754 Per Student
A+ Excellent

MAPLE HILL JUNIOR/SENIOR HIGH SCHOOL

📚 07 – 12 High School
👥
402 Students
👨‍🏫
9.3:1 Class Size
💰
$28,604 Per Student
A+ Excellent

CASTLETON ELEMENTARY SCHOOL

📚 K – 06 School
👥
442 Students
👨‍🏫
12.6:1 Class Size
💰
$28,604 Per Student
B Good
👥
530 Students
👨‍🏫
3.6:1 Class Size
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

8 Nearby
D
SUNY-System Office
0 students · 8.0 mi
C+
Albany College of Pharmacy and Health Sciences
875 students · 8.7 mi
C
Albany Law School
628 students · 8.8 mi
C
Albany Medical College
834 students · 8.9 mi
C
The College of Saint Rose
2,538 students · 9.7 mi
C
Maria College of Albany
752 students · 9.8 mi
D
St. Peter's Hospital College of Nursing
125 students · 9.9 mi
C
Orlo School of Hair Design and Cosmetology
60 students · 10.3 mi

Frequently Asked Questions

What kind of market is Castleton-on-Hudson, NY for investors?

Castleton-on-Hudson, NY sits at an investability rating of 3.0/5, with median home values near $384K and average rents around $1,600/mo. That combination puts it in the healthy tier for investor interest.

How much do tenants pay in Castleton-on-Hudson, NY?

Castleton-on-Hudson, NY rentals go for roughly $1,600/mo a month. That puts gross yield in solid territory relative to $384K acquisition costs.

How much does a house cost in Castleton-on-Hudson, NY?

Typical homes in Castleton-on-Hudson, NY go for around $384K. The 5-year CAGR of 0.0% reliable price movement.

Do landlords face vacancy issues in Castleton-on-Hudson, NY?

Vacancy risk in Castleton-on-Hudson, NY is elevated. That supports consistent cash flow for typical rental holds.

What type of investing works in Castleton-on-Hudson, NY?

The best-fit strategy in Castleton-on-Hudson, NY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

You know 12033 now. You don’t know where it ranks.

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How 12033 ranks in Albany-Schenectady-Troy, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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