Real Estate Investing in Rexford, New York (12148)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12148 (Rexford, 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.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 38.9 — 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 Rexford, NY (12148)?
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Market Analysis: 12148 Rexford
The 12148 ZIP covers a section of Rexford that demands careful diligence. Prices near $571K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $571K asset, 12148 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 12148's metrics run below Saratoga County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 12148 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Rexford's stable or hybrid ZIPs before stepping into 12148. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rexford:
Property Strategy for 12148
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $307,166 | $1,360 | 3.2% | +7.4% | $153,583 |
| 3BR | $455,728 | $1,630 | 2.6% | +7.4% | $151,909 |
| 4BR | $585,245 | $1,800 | 2.2% | +8.3% | $146,311 |
| 5BR | $723,230 | — | — | +7.6% | $144,646 |
Market Trends
Home Value History (with trend line)
📊 How Does 12148 Compare?
| Metric | 12148 | Rexford | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $570,800 | $570,800 | N/A | $505,608 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.6% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
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 12148 (Rexford, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $570,800 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 38.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 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 (1.7%). 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 12148
Population: 4,121
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 12148
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BIRCHWOOD ELEMENTARY SCHOOL
HILLSIDE SCHOOL
IROQUOIS MIDDLE SCHOOL
ROSENDALE SCHOOL
VAN ANTWERP 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 1,617 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Rexford, NY?
Expect rents around $1,224/mo per month in Rexford, NY. With home values at $571K, the yield math works out to reasonable levels for rental investors.
Where do home prices stand in Rexford, NY?
Typical homes in Rexford, NY go for around $571K. The 5-year CAGR of 0.0% measured price movement.
Is Rexford, NY a good place for real estate investing?
With a 3.0/5 investability score, Rexford, NY ranks as a solid market for rental property investors. Median prices of $571K and rents of $1,224/mo drive the underlying numbers.
What type of investing works in Rexford, NY?
Most investors in Rexford, NY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Do landlords face vacancy issues in Rexford, NY?
Occupancy in Rexford, NY runs predictable with elevated vacancy. Well-priced units at $1,224/mo lease on reasonable timelines.
You know 12148 now. You don’t know where it ranks.
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How 12148 ranks in Albany-Schenectady-Troy, NY
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