Rent to own Homes in Floral Park, NY
The Village of Floral Park was incorporated in 1908 in Nassau County. Situated just outside Queens, a borough of New York City, Floral Park offers both easy access to the Big Apple and Long Island. As of the 2012 Census, the town had a population of just under 16,000. Its most notable people include Pete Richert, a former Major League Baseball player, the composer John Williams, and Vinny Testaverde, a former quarterback for the NFL. Many homes in Floral Park were built following World War II to house soldiers returning from war.
Floral Park, NY is a great place for affordable rent-to-own homes! With a median household income of over $138,636 and a median rent of $1,863, the Floral Park, 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 Floral Park, 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.
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Rent to own Homes in Cities Near Floral Park, NY
- Baldwin
- Baldwin Harbor
- Barnum Island
- Baxter Estates
- Bethpage
- Brookville
- Byram
- Centre Island
- Cold Spring Harbor
- Copiague
- Cos Cob
- Cove Neck
- East Farmingdale
- East Hills
- East Massapequa
- Flushing
- Franklin Square
- Freeport
- Garden City
- Glen Cove
- Glen Head
- Greenvale
- Greenwich
- Hempstead
- Huntington
- Indian Field
- Lindenhurst
- Lloyd Harbor
- Merrick
- Mill Neck
- Muttontown
- New Cassel
- North Merrick
- Oceanside
- Old Brookville
- Old Greenwich
- Oyster Bay
- Oyster Bay Cove
- Point Lookout
- Port Chester
- Purchase
- Riverside
- Rockville Centre
- Roslyn
- Rye Brook
- South Farmingdale
- Stewart Manor
- Syosset
- Upper Brookville
- Westbury
Neighborhoods in Floral Park, NY
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11001 rent to own homesBuying a Home in Floral Park, NY
Floral Park, NY is seeing rapid growth and Floral Park, NY's' housing market remains not optimal with an average home price that is 180% above the 2023 national average. Floral Park, 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 2023 for county Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Floral Park, NY
Median Rent in Floral Park, NY
Top 6 Reasons to Live in Floral Park
Many charming older homes and new modern properties! Many houses in Floral Park were developed with a charming Cape-Cod style, but new modern properties are available as well. There are many area realtors showing the town's multiple styles. Both Abbott Realty and The Donnelly Group include many listings suitable for those looking for either older charming properties or modern ones. There are also several purchase options, including rent to own.
Easy access to New York City! Living in Floral Park means having access to the Big Apple. With just a quick drive or train ride, residents can be in the heart of New York City for an evening meal, a weekend Broadway show, such as the popular Wicked or Jersey Boys, or just spend time exploring Manhattan's great shopping at its unique stores.
Many great restaurant choices! There are many great restaurant choices, from American fare to Italian. Crabtree's Restaurant in Floral Park offers an elegant atmosphere and features a menu of classic Mediterranean dishes. Trinity Restaurant and Bar serves pub fare including sliders, buffalo wings, steak, and seafood.
Rising property values and great neighborhoods! With real estate values increasing in Floral Park, purchasing a house is a great investment. There are also great neighborhoods including Village Center and Tulip Avenue, both of which offer beautiful properties.
Improve your golf game! With many golf courses nearby, there are several options for enjoying a round of golf. Harbor Links Golf Course features 9-hole course, dining at the Grill Room, and golf lessons. Clearview Park Golf Course offers an 18-hole course with views of the Throgs Neck Bridge, as well as space for events.
Access to many entertainment options! There are numerous entertainment options in the Floral Park area. AMC Loews Fresh Meadows features 7 screens showing the latest blockbusters. Nearby Bow Tie Cinemas Franklin Square offers many movie options for those seeking the latest Hollywood movies.