400 Hall Road
About This Property
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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%.
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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 |
|---|---|---|---|
| Jul 29, 2020 | Sold | ||
| Sold | |||
| Apr 14, 2020 | Listed by RE/MAX Crown Realty | $439,000 | |
| Listed by RE/MAX Crown Realty | |||
| Aug 15, 2017 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Sold | ||
| Sold | |||
| Aug 4, 2016 | Listed by One Sotheby's International | $285,000 | |
| Listed by One Sotheby's International | |||
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COUNTRY CONVENIENCE! This lovely metal roof, Malabar home is only 5 minutes to shopping, restaurants, hospital and interstate. Where else can you live in the country, but have everything so close. This is a 1.2 ACRE PROPERTY, but with the corner, Malabar owned easements it measures 1.54 acres. There is, a tree farm across the street and a small unbuildable lot in the back, making it very private! Enter through the fully fenced property to the comfortable, covered front porch. A large great room greets you with all new wood plank laminate flooring. Kitchen table matches the accents in the walk-in pantry and will stay with the house. Appliances have been upgraded and newly painted cabinets have nice tile countertops. Bedrooms are large and all have tiled floors and ceiling fans. Master shower with fancy jets. Walk-in closets in master and tons of closet space down the hall. Second bathroom has a Jacuzzi tub and walk in shower to accommodate an older parent. New addition built in 2010. New pool with shallow beach area and stamped, cement deck area. Child fence available. Pump house with all pool equipment, including the automatic pool cleaner, pump and water softener. Covered gazebo with water and electric would be perfect for a summer kitchen. The property is fully fenced and ready for a horse. Donkeys are friendly. There is a paddock area where a horse can stay at night and a pasture area for roaming during the day! Large chicken coop! Spacious workshop has electricity and an area for a horse if desired. Property is zoned for horses. At the back of the property is another fenced area for a garden. There is an artesian fed, stocked pond with a bridge going over. Large Koi, Bass and Tilapia just to name a few of the fish. Owners show dogs and have one more fenced area with their agility equipment that could be used as a dog run. Underground utilities, a shallow well and deep well on the property. There is also a shed for storage that will stay with the property. There is an irrigation system to keep the sodded lawn green! Large 2 car carport could easily be turned into a garage and has pull down stairs to the attic. 2 AC units. Awesome corner lot makes it easy to access the property through either one of the two gates. Don't miss this special piece of Malabar!
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About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017