Multifamily Home Statistics:
Average Cap Rate in this neighborhood is 5.44%.
Average Market Rent is $2,350.00. 51.27% of the properties are owner occupied and 48.73% tenant occupied.
Average Rent Vacancy Rate is 7.31%. National average is approx. 6.8%
Highly walkable score at 90%, a walker’s dream with a mid-range crime rate at 50%.
Port Chester, NY
Port Chester is a medium-sized coastal village located in the state of New York. With a population of 31,693 people and five constituent neighborhoods, Port Chester is the 45th largest community in New York. There are an abundance of restaurants, coffee shops, bars, grocery stores, big-chain pharmacies, parks, a public library and more! Overall, Port Chester is a village of service providers, sales and office workers, and construction workers and builders. Port Chester is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. For the size of the village, public transportation in Port Chester is quite heavily used. The per capita income in Port Chester in 2018 was $31,947, which is middle income relative to New York, and upper middle income relative to the rest of the US. This equates to an annual income of $127,788 for a family of four. Port Chester is an extremely ethnically-diverse village. The people who call Port Chester home describe themselves as belonging to a variety of racial and ethnic groups.