314 ST GEORGE Street
About This Property
the front garden, while an oversized pocket door allows you to close off the kitchen when privacy is desired. The entry foyer - spacious enough to furnish, opens into a welcoming living room, leading in turn to the sunroom, dining room, and a light-filled kitchen. No matter where you stand, the lake is a constant, sparkling presence. In the late afternoon, its surface shimmers with golden hues as the sun dips toward the horizon - an everyday reminder of nature's beauty. The gathering rooms are large and have a circular flow. A fireplace on the diagonal and the bay window alcove anchor 2 distinct spaces in the living room. Its versatility invites you to arrange the room to suit your needs and style. The kitchen was designed and outfitted by a talented woodworker who previously call 314 St George St home. Its suits the bungalow style of the house, easily blending form and function with a simple beauty. The sun room runs along the south side, featuring a casual sitting area on the east end and the dining room on the west. Under-window shelves offer a place to hold your cookbooks and display your favorite dishes. French doors between kitchen and dining open to the deck and let the sunshine in during afternoon hours. The primary bedroom is en-suite with private bath and is located on the 1st floor. With 4 windows and a vaulted ceiling, 2 of those windows overlook the water while French doors lead you to the deck. Upstairs, the front bedroom features a large alcove nestled beneath the tree canopy. The rear bedroom faces the lake and both rooms share the hall bath. Laundry and welcome storage occupy 2 rooms and offer potential for adding a private bath and walk-in closet for the front bedroom. The back deck is a favorite place for dining, birdwatching, morning coffee, evening cocktails and makes for a great outdoor office too! The backyard is landscaped with native plantings and fenced to keep your 4-legged family members close by. A covered carport on the lakeside provides convenient, sheltered parking and a place for the kayak. Every detail, whether newly added or lovingly preserved, reflects a deep pride of ownership. Words and photos can only go so far - this is a home you must experience in person. With dual frontage on both St George and Cordova Streets, this home enjoys 2 of the most desirable addresses in the city's cherished residential historic district. It's a pleasant stroll along the lake, down St George St or along the bayfront as you head to the central plaza downtown to begin your exploration of the myriad culinary, cultural, architectural and historic offerings waiting to be discovered by you. Charge or gas up the car, make the airline reservations, get on the bike and come try it on - we'll be waiting for you on the porch.
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Relisted | $1,235,000 | |
| Relisted | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| May 26, 2025 | Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | $1,235,000 | |
| Listed by ONE SOTHEBY'S INTERNATIONAL REALTY | |||
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About Old City
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017