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480 Riders 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%.
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 3, 2026 | Price Decreased |
$1,086,500
↓ $75K
(6.5%) | |
| Price Decreased | |||
| Sep 12, 2026 | Listed by Compass Connecticut, LLC | $1,161,500 | |
| Listed by Compass Connecticut, LLC | |||
| Sep 17, 2025 | Listed | $1,149,000 | |
| Listed | |||
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Welcome to 480 Riders Lane, a timeless mid-century contemporary residence situated at the end of a charming cul-de-sac in the desirable Greenfield Hill neighborhood. This home features 4 to 5 bedrooms and 4 updated bathrooms, offering over 5,000 square feet of carefully crafted living space on a beautiful 2-acre lot, complete with a peaceful pond and fountain. Upon arrival, you'll be welcomed by a long circular driveway that leads to a roomy 4-car attached garage. Inside, the living and formal dining areas showcase impressive ceilings over 9 feet high, enhanced by a series of windows that bathe the rooms in natural light. The remodeled kitchen includes a walk-in pantry and an adjacent sunlit eat-in sunroom for casual meals. The refrigerator, dishwasher, cooktop, oven, and microwave were all updated in 2024. A centrally located game room with a pool table promises to provide countless hours of fun or different usage possibilities. Main level offers an additional den / in-law suite, completed with a full bathroom, walk in closet, stovetop and fire place. There is an additional primary bedroom suite upstairs that also includes a full bath and walk-in closet, complemented by an additional generously sized bedroom next to it. Downstairs you will find two more large bedrooms, a full bath and laundry room. This home is conveniently situated near major transportation, shopping, beaches, and all that Fairfield has to offer.
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| Apr 20, 2023 | No longer available | - | |
| No longer available | |||
| Mar 1, 2023 | Listed by Higgins Group Real Estate | $1,199,000 | |
| Listed by Higgins Group Real Estate | |||
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Welcome to your dream home! Located in the desirable Greenfield Hill Community, this expansive 4/5 bedroom, 4 bath residence is sure to impress. Situated on 2 acres of beautiful property, this mid-century contemporary home features a long circular driveway, 4 car garage, and a large deck perfect for entertaining. Inside you'll be surrounded by natural light and 9'+ ceilings that lend a feeling of grandeur throughout the main living area. The master suite includes a walk-in closet and en suite bathroom with dual vanities, while an in-law suite on the main level comes complete with full bath and kitchenette with private entrance. Spend time outdoors enjoying your 2 acre property featuring a picturesque pond - perfect for outdoor activities! With so much to offer, this home truly has it all. Riders Lane is known for having Block parties, Holiday walks, and a great book club! Schedule a showing today and make this house your new home! The manager has listed the unit size as 5081 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017