20 Walden Way
About This Property
custom-built home tucked away in the peaceful surroundings of Walden Woods! It's a brand-new build just minutes from downtown New Buffalo, perfect for relaxing or entertaining. This lovely home features 3 bedrooms and 3.5 bathrooms, with luxurious
touches throughout. The kitchen is a chef's dream with a 6-burner stove, a huge island,
and custom cabinets - great for gatherings! The two-story great room with a cozy gas
fireplace and large Marvin windows lets in plenty of natural light, creating a warm,
inviting atmosphere. Each of the three bedrooms has its own spa-like ensuite bathroom, offering privacy and comfort. Step out onto the screened porch with EZ-Breeze windows - your new favorite summer hangout spot, perfect for entertaining friends! The home
features beautiful hardwood floors throughout. Nature lovers will appreciate the
tranquility of this close-knit community, with easy access to Harbor Country. Plus, it's
just over an hour from Chicago - super convenient! Please note, this home isn't eligible
for short-term rental permits and is zoned R1.
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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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$724,900
↓ $15K
(2%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$739,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by Coldwell Banker Woodland Schmidt | $749,900 | |
| Listed by Coldwell Banker Woodland Schmidt | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017