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Map
208 LAKE GEORGE POINT Drive
About This Property
Positioned on a prime stretch of water with direct ocean access, this exceptional property is a dream for boaters and nature lovers alike. Step outside to your beautiful private dock, ideal for fishing, entertaining, or setting off for a day on the water.
Inside, the home boasts spacious living areas filled with natural light and breathtaking water views from nearly every room. The open-concept layout seamlessly connects the living, dining, and kitchen spaces, perfect for hosting family and friends. Each of the three generously sized bedrooms offers comfort and privacy, while having the convenience of 3 full bathrooms.
Such a rare opportunity, to own a gated, deepwater home with ocean access on this beautiful stretch of water.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Price Decreased |
$765,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$775,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Decreased |
$825,000
↓ $19K
(2.3%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$844,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017