642 Hall 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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Mar 1, 2025 | Listed by The Vander Woude Group | $289,000 | |
| Listed by The Vander Woude Group | |||
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Here’s your chance to own this Unique property! The home offers four bedrooms, the smaller fourth bedroom could easily be an office, two bathrooms and over 1900 sq ft. space ready for your touches! Seller started a renovation but has decided to put home on the market and allow a buyer to personalize it. Before the remodel, there was a large kitchen with lots of cabinets, a bar hangover for more seating, see pictures for reference. There is a ton of room for lots of cabinets, island, and nook space for a buffet or cabinet. The open concept is perfect for entertaining, large living area has bright, natural light, and a vaulted ceiling. Lots of new drywall, tape and mud is already done and ready for paint. The home sits on a little over 9 acres with a metal shop that was used for wood working, 100 Amp service, single overhead roll up door. In addition the property has a tank in the back, fencing, lean tube style shed and panels. Just minutes away from Baylor, Magnolia, and shopping. This is the perfect country lifestyle! Call today for your private tour.
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| Jun 1, 2024 | Listed by The Vander Woude Group | $399,000 | |
| Listed by The Vander Woude Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017