Real Estate Investing in East Nassau, New York (12062)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12062 (East Nassau, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.6% of homes vacant — above national norms.
- 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 East Nassau, NY (12062)?
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Market Analysis: 12062 East Nassau
From a cash-flow lens, ZIP 12062 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $329K median. It rewards specialists, not generalists.
For an experienced owner, 12062 can be a a viable market for hunting ground — but the discount at $329K reflects genuine risk that outside investors often underestimate.
In the broader NY picture, 12062 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Looking more closely, 1,723 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in East Nassau:
Property Strategy for 12062
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $256,651 | $1,450 | 4.1% | +7.5% | $128,325 |
| 3BR | $328,760 | $1,740 | 3.8% | +7.0% | $109,587 |
| 4BR | $375,755 | $1,920 | 3.7% | +7.8% | $93,939 |
Market Trends
Home Value History (with trend line)
📊 How Does 12062 Compare?
| Metric | 12062 | East Nassau | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $328,502 | $328,502 | N/A | $505,608 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.6% |
| Avg Rent | $1,305 | $1,305 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 12062 (East Nassau, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $328,502 |
| Monthly Rent | $1,305 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 12062
Population: 1,723
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
Investor Insight: With 1,635 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does East Nassau, NY favor landlords or tenants?
For rental operators, East Nassau, NY rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What is the tenant pool like in East Nassau, NY?
Working renters make up the core of the East Nassau, NY tenant base. The pool is reasonable for investors targeting long-term holds.
What are vacancy rates like in East Nassau, NY?
Vacancy risk in East Nassau, NY is elevated. That supports steady cash flow for typical rental holds.
Is East Nassau, NY suited for a house hack?
House hacking works a challenging in East Nassau, NY. Rents of $1,305/mo against $329K acquisition make the strategy solid for owner-occupants.
What is the median home value in East Nassau, NY?
East Nassau, NY home values average about $329K. That price point suits investors targeting rentals with $1,305/mo in monthly income.
You know 12062 now. You don’t know where it ranks.
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How 12062 ranks in Albany-Schenectady-Troy, NY
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