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11 Grove Point
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed | $650,000 | |
| Listed | |||
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Discover your lakeside sanctuary at this charming A-frame home on the shores of beautiful Lake George. This unique 1,373 sq ft retreat boasts 4 thoughtfully designed rooms, including 2 cozy bedrooms perfect for restful nights and 1 full bath plus 1 convenient half bath. The architectural delight of the A-frame design not only offers a distinctive living experience but also maximizes the breathtaking lake views that are visible from almost every angle. Imagine waking up to the serene water glistening in the morning sun, enjoying your morning coffee with unparalleled scenery, and spending evenings watching the sunset paint the sky with vibrant colors, all from the comfort of your home. Whether you're seeking a peaceful getaway or a year-round residence with a difference, this Lake George A-frame provides an idyllic setting and a truly special living experience.
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| Nov 4, 2010 | Sold | ||
| Sold | |||
| Jul 28, 2010 | Listed by Olde Village Realty Partners | $249,900 | |
| Listed by Olde Village Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017