1305 Rye Glen Drive
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 |
|---|---|---|---|
| Feb 11, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Fathom Realty LLC | $299,999 | |
| Listed by Fathom Realty LLC | |||
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If you’ve been waiting for the right first home, this one checks all the boxes. This move-in ready, affordable house offers 3 bedrooms, 2 bathrooms, and 1,509 square feet of comfortable living space in a location that makes everyday life easy.
Inside, the home feels clean, warm, and welcoming. The kitchen features granite countertops and opens naturally to the living space, making it easy to cook, relax, or entertain without feeling closed off. Luxury vinyl plank flooring runs through the main areas for durability and style, with carpeted bedrooms that feel cozy and private.
Step outside to a covered back patio with recessed lighting, perfect for evening wind-downs or weekend get-togethers. The backyard is a great size, shaded by a mature tree that adds both character and relief from the Texas sun.
Zoned to Heritage High School, this home is ideal for a first-time buyer looking for a smart, affordable option that doesn’t require updates or repairs. It’s the kind of place where you can unpack, settle in, and start building your next chapter right away.
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| May 11, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | Listed by Briko Realty Services | $225,000 | |
| Listed by Briko Realty Services | |||
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MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE TUES, 4-13-2021, 8pm. Well maintained and recently updated home, ready for new owner! This home is in a great neighborhood located in the Midlothian ISD! It features an open dining with breakfast bar & living area with wood burning fireplace. For the Chef in the Family, a gorgeous kitchen with granite, undermount sink and tile backsplash. The Master suite includes walk-in closet with soaking tub, separate shower, and two sinks. The secondary bedrooms have fresh paint and a ship-lap accent wall. For relaxation, enjoy the Large covered patio with recessed lights and wonderful backyard! Roof & gutters replaced in 2019, laminate flooring in 2018.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017