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Map
338 MEADOW CREEK DRIVE
About This Property
Major recent updates include a brand NEW ROOF AND FURNACE (2025), updated luxury vinyl plank flooring throughout much of the home (2025), new refrigerator (2025), gas cooktop (2026), and refreshed washer/dryer setup (2025). Elegant trim work, crown molding, and custom details add warmth and character throughout.
The backyard is designed for entertaining and everyday enjoyment, featuring an in-ground pool, outdoor kitchen with built-in grill and refrigerator, gas fire pit, covered pavilion, Azek deck, and professionally designed landscaping - creating a true resort-style experience at home.
The fully finished lower level includes a stylish wet bar, flexible entertaining space, and abundant storage. Conveniently located in Meadow Creek with a spacious two-car garage and thoughtful upgrades throughout.
Move-in ready just in time for summer.
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$720,000
↓ $25K
(3.4%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$745,000
↓ $44K
(5.6%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$789,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Westminster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017