16218 Olive 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%.
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 16, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 10, 2025 | Listed by Houston Elite Properties LLC | $209,000 | |
| Listed by Houston Elite Properties LLC | |||
| Oct 20, 2025 | Listed by Houston Elite Properties LLC | $219,000 | |
| Listed by Houston Elite Properties LLC | |||
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Welcome to a fantastic 2-bedroom, 2-bath home, perfectly nestled in a WONDERFUL WEST HOUSTON location! This property boasts recent significant upgrades, including FRESH interior paint, NEW Vinyl flooring, NEW light fixtures, NEW kitchen appliances, and stunning NEW quartz countertops and more. The sun-drenched living room is a truly inviting space, featuring high ceiling, expansive, large windows that maximize natural light, creating a bright and cheerful atmosphere perfect for relaxing or entertaining. The Primary Bedroom is your private sanctuary, offering a spacious, serene retreat complete with its own private bath and ample closet space. Outside, you'll love the wide driveway, detached garage, and the LARGE backyard featuring plenty of space. Its prime spot offers easy access to major streets, highways , like Westpark Toll Way, and popular locations, like George Bush Park! The Listing agent is related to one of the members of the Stone Gate Real Estate LLC that owns the property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017