16 Macomber
About This Property
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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%.
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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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | Listed by Coldwell Banker Islands Realty | $1,100,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| Nov 17, 2024 | Listed | $1,250,000 | |
| Listed | |||
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Every once in a while a magical and rare opportunity becomes available on Lake Champlain! Located at the very end of the point with 300’ of direct east facing gorgeous shoreline and over 5oo additional feet of canal frontage you are surrounded by water and nature, which provides a private feeling. This custom built 2013 Bickford home was designed to capture the water views. The great room cathedral ceiling creates a bright and airy feeling, and the wood fireplace and radiant floor heating will provide a cozy feel this winter. The open-floor plan creates a beautiful entertaining space which opens to the three-season enclosed porch and flows onto the very large deck: the perfect spot to watch the moonbeams and sunrises. There is a first-floor primary bedroom and bath which makes for easy living on one level, and four additional guest rooms on the second floor. Truly a magnificent location on Lake Champlain with easy access to the broad lake and to the Inland Sea for all of your boating pleasures. Welcome to Macomber Point!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017