35
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401 Meadow Ridge Drive
About This Property
The inviting living room features a cozy fireplace and flows seamlessly into the dining area and kitchen breakfast space, creating a layout that works well for both everyday living and entertaining. The kitchen offers stainless steel appliances, generous counter space, and great natural light.
Just off the living area, a bright 10x8 sunroom (enclosed patio) provides a cozy flex space perfect for morning coffee, a reading nook, or enjoying views of the backyard year-round.
Step outside to a covered deck overlooking the privacy-fenced backyard, an ideal setting for relaxing evenings or weekend gatherings. A storage shed adds convenient space for lawn equipment, tools, or extra storage.
Located just minutes from Cedar Hill State Park and the historic downtown square, where you'll find local shops, dining, and community events throughout the year. Enjoy easy access to Arlington's entertainment district, including Globe Life Field and AT&T Stadium, with a quick drive to Dallas for work, dining, and entertainment.
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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 14, 2026 | No longer available | - | |
| No longer available | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$324,900
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$328,900
↓ $1K
(0.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Northwood Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017