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0 Tareyton Lane
About This Property
This listing features a cleared 8,174 sq ft residential lot (Lot 18), ready for construction. An identical adjacent lot is also available for purchase-buy one lot to build a single home or acquire both to develop two homes. The possibilities are endless!
Surrounded by new construction and located just behind Hobby Airport, this rapidly growing area offers an excellent opportunity for a primary residence or a smart investment.
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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 26, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by 5th Stream Realty | $84,900 | |
| Listed by 5th Stream Realty | |||
| Aug 29, 2021 | No longer available | - | |
| No longer available | |||
| May 10, 2021 | Listed by Keller Williams - Signature | $89,900 | |
| Listed by Keller Williams - Signature | |||
| | |||
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Perfect lot to build your custom home! Clean and ready to build. Minutes away from Hobby Airport. Easy access to i45 and Beltway 8. And its a CORNER LOT!!!View this property today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017