40
Map
88 Green Lane
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by William Pitt Sotheby's Int'l | $2,245,000 | |
| Listed by William Pitt Sotheby's Int'l | |||
| Nov 6, 2025 | Price Decreased |
$2,295,000
↓ $100K
(4.2%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed | $2,395,000 | |
| Listed | |||
| | |||
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Architecturally significant modern home, influenced by the works of Frank Lloyd Wright & Philip Johnson, nestled privately on 2 acres at the end of a cul de sac in sought after West Mountain Estates w/recreational assoc. for pool, tennis, basketball, ball fields, pavillion & neighborhood social events. This true work of art is the result of a $2M+ gut renovation & expansion of the original home, inspired by its unique setting, perched over a running brook. In keeping with true modernist architecture, the house unfolds into it's serene backdrop with more than 100 picture windows, skylights, multiple balconies & terraces, plus the delight of a brook that runs beneath the 22' great room, visible through a built-in, see through glass coffee table. The sounds & sights of the natural environment abound. Environmentally sensitive & efficient materials are used throughout. This home is both expansive & intimate, incorporating over 7,000sf with wide open living & dining areas, state of the art chef's kitchen, 4 car garage, & 4 distinct bedroom/lifestyle "wings" - ideal for multi-generational use, work, studio or fitness, complete with 3 laundry rooms. There's a main level primary suite option, or another ensuite option on the 2nd floor w/adjoining sitting/media room plus additional nursery/BR. Two dramatic staircases lead to the two separate lower levels: one with luxe studio including LR, BR, full bath & kitchenette; & the other w/full bath, kitchenette, BR/office & glass yoga room!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017