Rent to own Homes in East Massapequa, NY
A census-designated place within Nassau County, New York, East Massapequa is a hamlet within the larger Town of Oyster Bay. At the 2010 Census, the hamlet had a population of 19,069. Nestled in the southeast corner of the state of New York, East Massapequa is sited at the mouth of the Hudson River. The hamlet offers excellent opportunities for the pursuit of arts and culture, while housing costs are comparable with the state. East Massapequa is a part of the New York, Northern New Jersey and Long Island Metropolitan Statistical Area and covers a land area of 3.5 square miles with 0.1 square mile of water.
East Massapequa, NY is a great place for affordable rent-to-own homes! With a median household income of over $112,230 and a median rent of $2,049, the East Massapequa, NY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in East Massapequa, NY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More East Massapequa, NY Property Resources
Rent to own Homes in Cities Near East Massapequa, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Holbrook
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Medford
- Mount Sinai
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Port Jefferson Station
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in East Massapequa, NY
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East Massapequa, NY is seeing rapid growth and East Massapequa, NY's' housing market remains not optimal with an average home price that is 114% above the 2024 national average. East Massapequa, NY is part of Nassau county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in East Massapequa, NY
Median Rent in East Massapequa, NY
5 Reasons to Live in East Massapequa, NY
Embrace the arts! Arts and culture opportunities abound in this hamlet, from instruction to art work and live performances. Stop by Body Language Dance and Theatre, Made by Me Pottery and Art, Studio 5404 Art Space and A Step Above Performing Arts - all conveniently located on Merrick Road. Arlene McLoughlin Murals is a short drive away on Carmen Road. Nearby, you'll find Adams Hall, Grist Mill Museum, Griffing Hall and Adams Playhouse.
Select from an array of rental properties! In 2012, the median gross rent in this area was $1,186, with some rentals falling below that amount and some above. Popular areas for renters, including those looking for rent to own homes and apartments, are the residential districts near Westfield Shopping Center, John J. Burns Park and Marjorie Frost Park.
Discover the great cuisine Long Island is known for! Minami, Princess Bakery, Salumi Tapas and Wine Bar and All-American Burgers are local favorites. If you're looking for pizza, you'll find abundant options, since this town is known for their famous pizza pies. Locals recommend Gregorio's Pizzeria, Mario's Pizza and Restaurant, Frank's Pizza and Restaurant and Vinny Roma Pizzeria and Restaurant.
Enjoy rising real property values! In 2014, the median cost for housing in the hamlet was $436,900 (comparable to the NY area), and house appreciation was 4.90 percent higher than the previous year. Even in a recession, housing values rarely go down in this area. One of the more popular subdivisions is Massapequa Park off Broadway Parkway. Unqua Lake and Carman Creek have residential districts with some scenic natural views, while fans of golf may want to look at residences near Nassau Shores Golf Course or Peninsula Golf Club.
Go shopping! Westfield Sunrise is one local mall with 100 retail stores, professional services and dining venues. Locals recommend Roosevelt Field Mall and Broadway Shopping District which, in addition to a CVS Pharmacy and Broadway Gourmet Bagel & Deli, has an array of other businesses, such as car care, medical and professional offices.