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NY/Putnam County/Mahopac Falls

Mahopac Falls, NY

CitySAFMR
Putnam County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,480$2,310
1 BR$2,610$2,580
2 BR$2,840$3,120
3 BR$3,590$3,930
4 BR$3,940$4,330
5 BR$4,531Not available
6 BR$5,211Not available
7 BR$5,992Not available
8 BR$6,891Not available

Purchase Price Calculator

Maximum purchase price
$401,714

Cost breakdown

+Likely effective rent$3,120
HUD FMR$2,840
Market rent$3,350
Est. payment standard (110%)Used$3,120
-Principal and interest-$2,031
Loan amount$321,371
Down payment$80,343
Rate6.50%
Term30 years
-Operating costs-$889
Property taxes-$402
Insurance-$175
Utilities$0
HOA$0
Management-$312
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$49,602(61.7% ROI)
Projected value
$432,602
Return breakdown
Property appreciation+$30,888
Loan principal paid down+$11,514
Rental cash flow+$7,200
5-year hold
+$85,321(106.2% ROI)
Projected value
$454,503
Return breakdown
Property appreciation+$52,789
Loan principal paid down+$20,532
Rental cash flow+$12,000
10-year hold
+$185,439(230.8% ROI)
Projected value
$514,228
Return breakdown
Property appreciation+$112,514
Loan principal paid down+$48,925
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.07
1 BR
1.01
2 BR
0.85
3 BR
0.87
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Mahopac Falls, NY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mahopac Falls, NY is $2,840 a month. That is up 1.8% from $2,790 in FY 2026. Mahopac Falls is in the New York, NY HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,971. The median county two-bedroom FMR in New York is $1,385, so Mahopac Falls is 105% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Mahopac Falls, NY
BedroomsFY 2027Change90–110% range
Studio$2,480+2.5%$2,232–$2,728
1BR$2,610+2.4%$2,349–$2,871
2BR$2,840+1.8%$2,556–$3,124
3BR$3,590+2.9%$3,231–$3,949
4BR$3,940+3.7%$3,546–$4,334

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Mahopac Falls, NY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,480$2,610$2,840$3,590$3,940
FY 2026$2,420$2,550$2,790$3,490$3,800
FY 2025$2,280$2,380$2,640$3,290$3,550
FY 2024$2,250$2,320$2,600$3,240$3,500
FY 2023$2,000$2,050$2,310$2,900$3,130

Questions about Mahopac Falls, NY rents

How much will Section 8 pay for a two-bedroom in Mahopac Falls, NY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,971, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,674 to $3,268 a month; under the ZIP-level Small Area FMR of $2,840 it would be $2,556 to $3,124. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Mahopac Falls, NY in?

Mahopac Falls, NY is in the New York, NY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,971.

How much did fair market rent change in Mahopac Falls, NY for FY 2027?

The two-bedroom FMR rose 1.8%, from $2,790 in FY 2026 to $2,840 in FY 2027. Since FY 2023 it has risen 22.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set