388 Creek Bend Drive
About This Property
Inside, the home features four bedrooms, three full baths, and three distinct living areas including a versatile bonus room above the garage ideal for a game room, media room, craft or exercise space. The main family living space is open to the kitchen and anchored by a dramatic vaulted ceiling with exposed beams, floor to ceiling stone fireplace all creating an open and inviting atmosphere filled with natural light.
Although this home is move-in ready, life and health have created the need for the Seller to relocate back near family and pass the opportunity to update and modernize to the next Owner. This is a great opportunity for someone who enjoys creating their own spaces and finishes. This home was originally a Builders personal home...nothing cookie cutter here! The property delivers privacy, comfort, and lifestyle in one remarkable package. Call me for showings, any questions and a list of recent improvements along with non-realty items Seller is making available.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by 4D Real Estate Group | $725,000 | |
| Listed by 4D Real Estate Group | |||
| Nov 8, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2021 | Listed by Granbury Realty, LLC | $675,000 | |
| Listed by Granbury Realty, LLC | |||
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A beautiful home in McDavid Southwest with recent upgrades to flooring, garage door maintenance, landscaping, and paint work. Opening into a grand entry with large spacious living areas, this property has all you need to feel at home. Vaulted ceilings, granite countertops in the kitchen, a backyard that is perfect for entertaining with a pool, gorgeous views, and covered porch. The little touches that make a huge difference cannot be ignored with wooden beams, stone fireplaces, a master bath with split vanities, and plenty of closet space, make this a home that is too good to pass up.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017