1600 Rocky Gap Road
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 4, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 2, 2026 | Listed by @properties Christie's International R.E. | $5,995,000 | |
| Listed by @properties Christie's International R.E. | |||
| Jun 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 5, 2026 | Listed by @properties Christie's International R.E. | $5,995,000 | |
| Listed by @properties Christie's International R.E. | |||
| |||
|
Set across 17.21 acres with over 600 feet of private Lake Michigan frontage, the former H.D. Mendel residence is a rare architectural estate of true legacy scale. Norman Carver Jr design with strong Japanese contemporary influence, the home is defined by expansive glass, natural wood elements, and a seamless integration of landscape and shoreline. Walls of glass frame uninterrupted lake views while preserving privacy along a secluded, tree-lined approach. The 6,200+ square foot main residence offers seven bedrooms, seven-and-a-half baths, multiple gathering spaces, and a main-level primary suite overlooking the water. The grounds unfold as a private compound: in-ground pool, tennis court, double seawall, tram to the beach, and separate guest quarters. With 17+ wooded acres and 600 feet of frontage, the setting is expansive and private; a rarity along this stretch of coastline. An irreplaceable Lake Michigan estate offering scale, provenance, and architectural integrity seldom offered
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017