Rent to own Homes in Rocky Point, NY
This hamlet on the North Shore of Long Island is on ground that was inhabited for thousands of years by native Americans, who fished the local waters. The first Europeans in the area were members of the Henry Hudson expedition of 1609. To this day, Rocky Point isn't really an incorporated area, and is often thought of as a local region that people just know. It's home to around 14,000 people and the famous radio research site known as Radio Central.
Rocky Point, NY is a great place for affordable rent-to-own homes! With a median household income of over $101,995 and a median rent of $1,634, the Rocky Point, 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 Rocky Point, 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 Rocky Point, NY Property Resources
Rent to own Homes in Cities Near Rocky Point, NY
- Aquebogue
- Baiting Hollow
- Bayport
- Belle Terre
- Bellport
- Brookhaven
- Calverton
- Center Moriches
- East Moriches
- East Patchogue
- Eastport
- East Quogue
- East Shoreham
- Farmingville
- Fire Island
- Flanders
- Gordon Heights
- Hampton Bays
- Hauppauge
- Holbrook
- Islandia
- Islip
- Jamesport
- Lake Ronkonkoma
- Laurel
- Manorville
- Mastic
- Mastic Beach
- Mattituck
- Medford
- Middle Island
- Miller Place
- Moriches
- Mount Sinai
- Northampton
- North Bellport
- Patchogue
- Port Jefferson Station
- Ridge
- Shirley
- Shoreham
- Smithtown
- Sound Beach
- Stony Brook
- Stony Brook University
- Terryville
- Village of the Branch
- Wading River
- Westhampton
- Westhampton Beach
Neighborhoods in Rocky Point, NY
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11778 rent to own homesBuying a Home in Rocky Point, NY
Rocky Point, NY is seeing rapid growth and Rocky Point, NY's' housing market remains not optimal with an average home price that is 50% above the 2024 national average. Rocky Point, NY is part of Suffolk 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 Suffolk is 1.7% which is above the national average, which is 0.99%.
Median Home Price in Rocky Point, NY
Median Rent in Rocky Point, NY
4 Reasons to Love Living in Rocky Point, New York
Reasonable prices! Long Island real estate isn't cheap, but the late 2014 median home sale price of $263,000 represents a bargain. In addition, the market is stable and growing slightly; that 2014 figure was up 1.5% from a year before. Buyers looking for rent to own opportunities should be able to find them. Look for homes near the greens by Rolling Oaks Golf Course, or try for a beach house near the sound.
Serious green space! About half of the hamlet is taken up by Rocky Point State Pine Barrens Preserve. It's a vast wooded area with an extensive trail network. It's a great place to do some trail riding or get out and walk when you want to get away from it all. On the northeast corner of town you can find Suffolk County Parkland, with a nice stretch of beach and a wooded area. In fact, the entire hamlet is full of tree-lined streets with huge, mature trees beautifying the neighborhoods.
Unique local eating choices! Try Sea Basin on Route 25A for delectable seafood specialties and tasty Italian cuisine. For a nice cut of beef, head out to J & R Steakhouse, also on Route 25A. Just down the road, Golden Chopsticks offers a nice selection of Chinese favorites. Another Route 25A gem is Rocky Point Town House Diner, where you can find hearty breakfasts and great diner grub. Spiro's Restaurant & Lounge on Patchogue Drive is a local favorite with good food and a friendly bar.
Variety of housing options! On the west side of Rocky Point State Park Pine Barrens Preserve are homes that literally blend back into the forest. In the main part of town, you can find homes with large lots that have beautiful trees. Along the beach, houses with paths leading to the tranquil waters of Long Island Sound invite your respite. Alternatively, you can find an older bungalow-style property near the part of town that fronts North Country Road, near Route 25A.