42
Map
16758 N Rail 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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Bayou City Realty, LLC | $249,999 | |
| Listed by Bayou City Realty, LLC | |||
| Mar 11, 2025 | Listed | $265,000 | |
| Listed | |||
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Spacious 2-Story Home in Gleneagles – No HOA! Welcome to this spacious two-story home in the sought-after Gleneagles Subdivision, just off TX-242 and Highway 45. With generous square footage and multiple flexible spaces, this home adapts to your lifestyle. Sitting on a high lot, it features a large fenced backyard for privacy and outdoor enjoyment. Recent updates include a new roof, fence, and flooring all replaced in 2024 for added peace of mind. No HOA fees and never flooded make this a smart investment! Conveniently located near schools, shopping, and a Medical Center, with easy access to The Woodlands, Grand Parkway, TX-242, and Highway 45 for a quick commute. Don’t miss this opportunity—schedule your showing today!
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About Gleneagles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 5 Beds
- 2 Baths
- 2,437 ft²
$2,550 /mo
- 4 Beds
- 2 Baths
- 2,201 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017