2524 Riders Way
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%.
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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 6, 2026 | Price Decreased |
$294,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Bentwood Realty | $299,900 | |
| Listed by Bentwood Realty | |||
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This 4 bedroom, 2 bath stone home in Midway ISD offers the kind of comfort and convenience buyers are always hoping to find. With a location near all that Hewitt has to offer, you can enjoy quick access to shopping, dining, and daily essentials while still having a place that feels like home. Inside, the living room features concrete flooring and a fireplace that flows easily into the kitchen and breakfast area for a connected and welcoming feel. Stainless steel appliances add a modern touch to the kitchen, while the isolated primary suite provides a private escape with dual vanities, a separate tub, separate shower, and a large walk-in closet. From quiet evenings under the pergola to everyday moments gathered inside, this home is ready to be enjoyed!
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| Apr 7, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017