38503 Winding Meadows 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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Price Decreased |
$374,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Feb 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 13, 2026 | Listed by Zarco Properties, LLC | $379,900 | |
| Listed by Zarco Properties, LLC | |||
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Welcome home to this highly energy-efficient Meritage home in Magnolia, built with full spray-foam insulation for superior comfort and low utility costs. Enjoy a bright open layout with a spacious living area and an upstairs game room—perfect for entertaining or relaxing. The backyard is a true retreat featuring a full-home Generac generator, covered balcony, and a separate wood deck with no backyard neighbors for added privacy. Conveniently located near H-E-B, dining, and shopping in a rapidly growing and developing area, offering both comfort and convenience in one great package.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017