Real Estate Investing in East Jewett, New York (12424)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12424 (East Jewett, NY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 67.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 28.3 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in East Jewett, NY (12424)?
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Market Analysis: 12424 East Jewett
ZIP 12424 in East Jewett, NY carries a resilient set of headwinds. Home values near $419K and rents of $1,233/mo sit inside a market where underwriting has to be tight.
Rent of $1,233/mo on a $419K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 12424 sits below the stated 0.0% once reality is priced in.
ZIP 12424's metrics run below Greene County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
From an investor standpoint, 242 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.
Strategically, 12424 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in East Jewett:
Market Trends
Home Value History (with trend line)
📊 How Does 12424 Compare?
| Metric | 12424 | East Jewett | New York |
|---|---|---|---|
| Home Value | $419,291 | $419,291 | $505,608 |
| 5-Year CAGR | 4.9% | 4.9% | 6.6% |
| Avg Rent | $1,233 | $1,233 | - |
| Cap Rate | 2.3% | 2.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12424 (East Jewett, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $419,291 |
| Monthly Rent | $1,233 |
| Price-to-Rent | 28.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (2.3%). 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.
Demographics in 12424
Population: 242
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 12424
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
HUNTER-TANNERSVILLE MIDDLE SCHOOL HIGH 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.
Frequently Asked Questions
What approach is best for East Jewett, NY real estate?
East Jewett, NY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($419K prices, $1,233/mo rents) make it a reasonable choice.
Are rents high in East Jewett, NY?
Average rent in East Jewett, NY is approximately $1,233/mo per month. Against $419K home values that yields a reasonable rent-to-price ratio.
Should investors worry about vacancy in East Jewett, NY?
Vacancy risk in East Jewett, NY is elevated. That supports stable cash flow for typical rental holds.
Is East Jewett, NY landlord-friendly?
The landlord environment in East Jewett, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the typical home price in East Jewett, NY?
Median home price in East Jewett, NY is near $419K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
You know 12424 now. You don’t know where it ranks.
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