Rent to own Homes in Massapequa Park, NY
Located on the south shore of Long Island, New York, Massapequa Park is a close-knit community with roots firmly grounded in its history. It got its early start when Massapequa Indians inhabited the area. Later, European settlers relocated in this area, forming what would be the start of a thriving community named Stradtwurtemburg or Wurtenburg. This community went on to have its own airport and the Woodcastle Hotel, the community's early center of economic activity. Though neither establishments still exist, modern-day Massapequa Park sprouted from the ashes of earlier developments.
Massapequa Park, NY is a great place for affordable rent-to-own homes! With a median household income of over $144,819 and a median rent of $2,511, the Massapequa 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 Massapequa 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.
More Massapequa Park, NY Property Resources
Rent to own Homes in Cities Near Massapequa Park, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- Cos Cob
- Darien Downtown
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Hewlett Harbor
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Westport Village
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in Massapequa Park, NY
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11762 rent to own homesBuying a Home in Massapequa Park, NY
Massapequa Park, NY is seeing rapid growth and Massapequa Park, NY's' housing market remains not optimal with an average home price that is 127% above the 2024 national average. Massapequa 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 2024 for county Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Massapequa Park, NY
Median Rent in Massapequa Park, NY
Top 4 Reasons to Live in Massapequa Park, NY
Parks galore! The community takes pride in its numerous parks and town facilities. Brady Park, for one, features three picnic areas with covered barbecue spots, sports fields, playgrounds and a community center, making it the most visited park in the Village. Mansfield Park, Marjorie Post Park and John Burns Park serve as good alternatives as they have a number of jogging paths, picnic areas and sports events on the open fields.
Lots of large single-detached homes! Three- or four-bedroom single detached homes make up a huge chunk of the real estate market in this Village. Rent to own properties in neighborhoods within Sunrise Highway, Park Boulevard, Philadelphia Avenue and Cypress Street have the most coveted addresses in Massapequa Park. Those looking for affordable homes can find good deals within the Pacific Street and Clark Boulevard neighborhoods.
Indulge in sports! The Village is pretty serious about its sports, judging from the many facilities littered throughout the community. John Burns Park is not just known for organized sports events, it has a wide range of facilities that include handball and tennis courts. Marjorie Post Park also features an extensive sports' facility, which includes an ice skating rink, swimming pool, handball and tennis courts, as well as a community room. In addition, Massapequa offers athletic programs in basketball, lacrosse, soccer, football and other sports for children. The Massapequa Road Runners, The Massapequa Police Athletic Clubs and the Bike Club are some Village's organizations that offer sports programs.
Above average home appreciation rates! Home values appreciation rate in Massapequa have consistently tracked above average relative to New York. Areas like the Village Center, Philadelphia Avenue and Cypress Street have especially shown the best track record of rising house prices, which makes these places a hotspot for home-buyers and real estate investors alike.