Multifamily Home Statistics:
Average CAP Rate in this neighborhood is 6%, above most of other neighborhoods in Westchester County NY.
Average Market Rent is $1,487, with 57% properties are owner occupied and 42% of renter occupied.
Average Rent Vacancy Rate is 6.95%.
High walkable score for most multifamily homes and low crime rate.
Mamaroneck, New York
Mamaroneck is a sophisticated ‘urban’ village, nestled in the heart of central Westchester County, NY. With a population of 20,151 people, Mamaroneck is the 94th largest community in New York. It is also a village with more artists, designers and people working in media than 90% of the communities in America. Mamaroneck has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.
The village is pedestrian-friendly and local public transit is widely used. Daily commute to New York City is quite easy through Metro North, averaging a 30 minute ride to Grand Central Station. Mamaroneck is also nautical, with shorefronts adjacent to the Long Island Sound, which makes it attractive to visitors and locals, who enjoy the scenery and various waterfront activities.
Its public school district is rated A-.
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