Real Estate Investing in Stone Ridge, New York (12484)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12484 (Stone Ridge, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 31.6 — 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 Stone Ridge, NY (12484)?
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Market Analysis: 12484 Stone Ridge
The 12484 ZIP covers a section of Stone Ridge that demands careful diligence. Prices near $598K look accessible, but the work to make a deal cash flow is real.
Turning to rents, the numbers look inviting — $598K purchase price, 0.0% nominal cap — the work to hit that pro forma in 12484 is substantial and deserves full respect.
Within NY, ZIP 12484 trails on several market indicators that neighboring Ulster County submarkets outperform. The gap is real and robust enough to shape underwriting.
The 12484 ZIP's population of 3,271 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
The 12484 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 Stone Ridge:
Property Strategy for 12484
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $454,159 | $1,750 | 2.8% | +10.6% | $227,079 |
| 3BR | $582,628 | $2,170 | 2.7% | +11.1% | $194,209 |
| 4BR | $701,624 | $2,340 | 2.4% | +11.8% | $175,406 |
Market Trends
Home Value History (with trend line)
📊 How Does 12484 Compare?
| Metric | 12484 | Stone Ridge | Kingston, NY | New York |
|---|---|---|---|---|
| Home Value | $597,929 | $597,929 | N/A | $505,608 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 6.6% |
| Avg Rent | $1,575 | $1,575 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12484 (Stone Ridge, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $597,929 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 31.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +8.9% ▲ |
🏠 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 (2.1%). 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 12484
Population: 3,271
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 12484
Schools in This ZIP Code
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 845 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Stone Ridge, NY?
Stone Ridge, NY home values average about $598K. That price point suits investors targeting rentals with $1,575/mo in monthly income.
How landlord-friendly is Stone Ridge, NY?
Rental owners in Stone Ridge, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How deep is the rental pool in Stone Ridge, NY?
Tenant demand in Stone Ridge, NY is solid. The local workforce $1,575/mo rents across most rental classes.
What is the rental occupancy rate in Stone Ridge, NY?
Stone Ridge, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.
What is the smart move for investors in Stone Ridge, NY?
For Stone Ridge, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 12484 now. You don’t know where it ranks.
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How 12484 ranks in Kingston, NY
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