Rent to own Homes in New Cassel, NY
In the past decade, New Cassel has seen a surge in residential and economic growth, due to a decade-long, multimillion dollar revitalization project that has brought an abundance of commercial properties and residential housing into the area. With a population around 14,059, New Cassel enjoys cool winters and balmy summer temps only in the mid-80s. Just 23 miles from New York City, New Cassel offers a small-town vibe to its residents; yet it's also home to major corporations such as aerospace manufacturer Arkwin.
New Cassel, NY is a great place for affordable rent-to-own homes! With a median household income of over $100,432 and a median rent of $1,796, the New Cassel, 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 New Cassel, 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 New Cassel, NY Property Resources
Rent to own Homes in Cities Near New Cassel, NY
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- 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
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- Malverne
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- North Amityville
- North Merrick
- Northport
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- Norwalk
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Westport Village
- Wheatley Heights
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- Wyandanch
Neighborhoods in New Cassel, NY
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11590 rent to own homesBuying a Home in New Cassel, NY
New Cassel, NY is seeing rapid growth and New Cassel, NY's' housing market remains not optimal with an average home price that is 87% above the 2024 national average. New Cassel, 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 New Cassel, NY
Median Rent in New Cassel, NY
Top Five Reasons to Live in New Cassel, New York
Healthy housing market! With houses at a median list price of $399,000, New Cassel has a healthy housing market with room to grow. In the neighborhood of Carman Avenue, a new two-bath, two-bedroom condominium with hardwood floors and granite counter tops can list for under $330,000. Over in the area of Crystal Lane, a five-bedroom, four-bath, estate-style Colonial home with luxury appointments, including a fireplace and hardwood floors, sells for just under $720,000.
Strong rental market! In addition to a healthy selling market, New Cassel also has a strong market for rent to own homes, as well as traditional monthly rental houses and apartments. In the area of Crystal Avenue, a spacious four-bedroom, two-bath rental home can list for around $2,200 a month. In the area of Avalon Westbury, a two-bedroom, two-bath luxury apartment can rent for less than $2,650 a month.
Numerous places for outdoor recreation! Martin Bunky Reid Park features courts for handball, tennis, shuffleboard, volleyball and basketball, as well as horseshoe pits, a picnic area and a community pool. For tennis lovers, there's New Cassel Town Park, which boasts a total of four public tennis courts.
Restaurants to fit every craving! When it's time to eat, locals head over to Pollos El Paisa for comfort foods such as rotisserie chicken and grilled steak topped off with a carafe of homemade sangria. For hearty, Italian-style cooking, another favorite is Steve's Piccola Bussola Restaurant, which features house specialties such as rigatoni Bolognese, linguine with clam sauce and veal chops.
Shop for bargains! Located five minutes away in Westbury, the weekly, open-air New Cassel Farmer's Market offers fresh fruits and vegetables transported directly from area Long Island farms. Another local favorite for bargains is Century 21 Department Store (1085 Old Country Rd), which has daily discounts on clothing and other necessities.