Real Estate Investing in Palatine Bridge, New York (13428)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13428 (Palatine Bridge, 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: 14.7% 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 Palatine Bridge, NY (13428)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 13428 Palatine Bridge
The 13428 ZIP covers a section of Palatine Bridge that demands careful diligence. Prices near $205K 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 $205K asset, 13428 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 13428 offers a low basis, the region around Palatine Bridge has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 13428 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Palatine Bridge's stable or hybrid ZIPs before stepping into 13428. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Palatine Bridge:
Property Strategy for 13428
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $181,145 | $1,220 | 4.8% | +7.1% | $60,382 |
| 4BR | $212,016 | $1,310 | 4.4% | +7.6% | $53,004 |
Market Trends
Home Value History (with trend line)
📊 How Does 13428 Compare?
| Metric | 13428 | Palatine Bridge | Amsterdam, NY | New York |
|---|---|---|---|---|
| Home Value | $205,428 | $205,428 | N/A | $505,608 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 6.6% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 13428 (Palatine Bridge, NY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 13428 (Palatine Bridge, NY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $205,428 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (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.
Demographics in 13428
Population: 1,470
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 544 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Palatine Bridge, NY for investors?
Palatine Bridge, NY rates 3.0/5 for investability. With median values at $205K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
Does house hacking work in Palatine Bridge, NY?
The a challenging house-hack environment in Palatine Bridge, NY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What is the rental occupancy rate in Palatine Bridge, NY?
Expect elevated vacancy in Palatine Bridge, NY. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
What price range are homes in Palatine Bridge, NY?
In Palatine Bridge, NY the median home value sits at $205K. Against the broader NY market, that reads as reasonable for most investors.
What is the typical rental rate in Palatine Bridge, NY?
Rent in Palatine Bridge, NY is around $873/mo. The resulting rent-to-value relationship with $205K pricing is reasonable for most investor models.
You know 13428 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 13428 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 13428 ranks in Amsterdam, NY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 13428 (Palatine Bridge)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 13428 (Palatine Bridge, NY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.