1130 Walden Lane
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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 |
|---|---|---|---|
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed | $2,700,000 | |
| Listed | |||
| | |||
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Architectural Mid-Century Modern Masterpiece with breathtaking ravine views! Nestled in a private ravine setting just one block from Lake Michigan, this exceptional one-level home with a walk-out lower level is a stunning collaboration between nature and renowned architect Roy Binkley. Every detail feels like living inside a beautifully crafted work of art. Step into a dramatic living room where a striking stone fireplace and soaring ceilings frame breathtaking ravine views. Walls of glass seamlessly connect the living and family rooms, flooding the space with natural light and drawing your eye to the expansive deck that immerses you in the wooded ravine-an unparalleled setting for morning coffee, quite reflection or sunset gatherings. The dining room, a showpiece of glass and stone, is perfect for hosting unforgettable dinners "al fresco"under the canopy of trees. Throughout the home, discover exquisite craftsmanship: tongue-and-groove black walnut walls, Birger Juell hand-sculpted walnut floors, and floor-to-ceiling windows that blur the line between indoors and out. The sleek Bulthaup stainless steel kitchen featuring Gaggenau ovens and a Sub-Zero refrigerator, is both refined and functional. The primary suite is a serene retreat, complete with a private stone patio where you can unwind surrounded by nature. A separate office with its own fireplace and ravine views offers the ultimate work-from-home sanctuary. Outside, your private oasis awaits - play Bocce ball, gather around the firepit, and savor peaceful evenings surrounded by nature's serenity. This is not just a home - it's a lifestyle of artful living, luxury, and tranquility.
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| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by @properties Christie's International Real Estate | $1,775,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Jan 11, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017