Lake George, NY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lake George, NY. Based on 10+ datapoints.
Lake George, NY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.8%
Avg Cash on Cash
-15.4%
Median Cashflow
-$1,557/mo
Avg Rent Estimate
$2,241/mo
Avg Price
$551,136
Price Range
$269,900 - $895,000
Rent to Price
0.41%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Lake George, NY
Lake George, NY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.8%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Lake George, NY is -$1,557 with average rents of $2,241/month. Properties range from $269,900 to $895,000, offering entry points across multiple investment budgets.
49 Wonderview Lane, Lake George, NY 12845
Price
$849,000
Rent
$2,826
CachFlow
-$3,137
CoC
-21.11
777 Truesdale Hill Road, Lake George, NY 12845
Price
$269,900
Rent
$2,181
CachFlow
-$208
CoC
-4.4
19 Lakeview Circle Drive, Lake George, NY 12845
Price
$650,000
Rent
$2,107
CachFlow
-$2,251
CoC
-19.79
Lake George, NY Rental Market Insights
- •Median cashflow is -$1,557/month — careful deal selection is essential here
- •2.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Lake George, NY requires selective property picks
- •Premium market with properties from $269,900 to $895,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs