49 Hall Drive N
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by Keller Williams Realty Metropolitan | $275,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Nestled on 2 unrestricted acres with a canopy of mature trees, 49 Hall Drive N offers both tranquility and endless possibility. The generous lot provides open and wooded spaces ideal for gardens, a workshop, or even a hobby farm—all free from HOA restrictions. A wraparound porch welcomes morning coffee and golden sunsets, while the thoughtful layout inside offers a warm retreat with open living areas, natural finishes, and a relaxing soaking tub. The quiet subdivision ensures privacy and space between neighbors, yet you’ll enjoy unmatched convenience—just minutes from Magnolia’s town center, Brookshire Brothers, and top-rated schools, with quick access to 249, 1486, and Lake Conroe. Tomball and The Woodlands are close by, putting shopping, dining, and entertainment within easy reach. Whether you dream of wide-open space, peaceful country living, or a personal haven near city amenities, this property delivers freedom, comfort, and charm in one rare package.
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| Jun 17, 2025 | Price Decreased |
$310,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| May 30, 2025 | Listed | $315,000 | |
| Listed | |||
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This 3-bedroom, 2-bath home offers the perfect blend of peaceful privacy and modern convenience, just minutes from shopping, schools, and Lake Conroe. 2 unrestricted acres of beautifully wooded and cleared land. Step onto the inviting wraparound porch, where you’ll enjoy your morning coffee surrounded by the sights and sounds of nature. Inside, the home features a warm and welcoming interior with wood, tile, and vinyl flooring, a spacious living room, and a cozy kitchen equipped with an electric range and plenty of counter space. Outdoors, the possibilities are endless! Whether you dream of a garden, workshop, barn, or hobby farm, there’s ample room to build and grow—no HOA and no restrictions mean you’re free to make it your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017