Is Lake George, NY a good place to invest in rental property?

Lake George, NY has a median modeled monthly cash flow of $-2,068 and a median cap rate of 2.9%, on a median sold price of $601,000. Prices changed +6.3% year over year.

What is the average cap rate in Lake George, NY?

The median cap rate across recently sold homes in Lake George, NY is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake George, NY?

The median sold price in Lake George, NY is $601,000 (about $331 per square foot).

Investing in Lake George, NY Real Estate

A data-driven snapshot of the Lake George, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$601,000Median sold price

$331Median $/sqft

2.9%Median cap rate

$-2,068Modeled cash flow / mo

+6.3%Appreciation YoY

15.1Months of supply

98Active listings

78Sold (last 12 mo)

What the Lake George numbers say

In Lake George, NY, the median home sold for $601,000 (about $331 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-2,068 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 15.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Lake George cash-flowing listings

CashFlowRE ranks every for-sale home in Lake George, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lake George deals, or browse the national market data.