Cap Rates on Long Island

[Chris Skutnik]

Hi BP Community!

I am in the initial stages of planning a house hack in Nassau County on Long Island. One thing I have no yardstick on is what a realistic Cap Rate is in Nassau County. I know Cap Rates can vary widely by market, so anyone with a local knowledge that can give some guidance would be greatly appreciated. I want to make sure I am being realistic and not overshooting here.

Thanks!

Chris