10206 Gail RD
About This Property
Prime DEVELOPMENT opportunity in the vibrant and eclectic Slaughter LN/Menchaca RD area. Lot is 124' x 118' (per TCAD), .356 acre or (15,547 sq. ft.). Level, treed lot inside city limits with utilities in place. Lots of new construction in area and value is in the land.
Home Phase 2 relaxed lot regulations-subdivision potential. Limited Deed restrictions and No HOA. * Information is deemed reliable but not guaranteed. Buyer or buyers agent to verify ALL dimensions, schools, measurements, Home Phase 2 information, etc. Cross listed in Land/lot.
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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 |
|---|---|---|---|
| Jun 7, 2026 | Withdrawn | - | |
| Withdrawn | |||
| May 16, 2026 | Price Decreased |
$318,500
↓ $31K
(8.9%) | |
| Price Decreased | |||
| May 5, 2026 | Relisted | $349,500 | |
| Relisted | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Price Decreased |
$349,500
↓ $6K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017