366 Rider Avenue
About This Property
Fantastic location just blocks from the Great South Bays, Fine Dining, Catering, and the Fire Island Ferries and Water Taxis. Enjoy easy access to the Davis Park and Watch Hill Ferries, - the gateway to Fire Island fun. Ferries and water taxis run seasonally from May through October, making this the perfect spot for summer adventures or year-round coastal living. Don't miss this rare opportunity to own a home in one of the South Shore's most desirable and convenient neighborhoods!
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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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by Dotcom Realty Inc | $529,000 | |
| Listed by Dotcom Realty Inc | |||
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017