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9407 HALE PLACE
About This Property
From the moment you arrive, the character is unmistakable: an antique light post out front doubles as EV charging for off-street parking, hinting at the thoughtful blend of old and new found throughout. Inside, custom fixtures, original architectural details, ornamental fireplaces, and hand-painted murals tell the story of generations of care - this is a home with more soul than you'll find almost anywhere else on the market.
The main level centers around a cozy family room warmed by a wood-burning stove, ideal for curling up on cold winter nights, plus a full bath for main-level convenience. A rear living room addition - added by the current owners - opens up the back of the home with sweeping views of the wooded yard, flooding the space with light and a true connection to the outdoors. Central AC with a Nest thermostat keeps things comfortable and efficient year-round, blending modern-day ease with old-world charm.
Upstairs, the primary bedroom is a true retreat, with vaulted ceilings, exposed beams, and multiple skylights that flood the space with natural light. Two additional bedrooms also boast vaulted ceilings with lofted sleeping or office areas, while the fourth - a wood-paneled bedroom currently configured as a den - offers lovely views over the wooded rear yard and gardens. A second full bath completes the upper level.
Step outside and the entertaining possibilities multiply: a huge deck and a screened gazebo make the most of the property's mature wooded setting, perfect for long summer evenings with family and friends. Tucked on the property is a bonus artist studio, ready for its next owner's vision - a studio, office, workshop, or creative retreat, the choice is yours. And best of all perhaps, this home is rich in character but not subject to historic designation, so future updates and renovations can move forward without added red tape.
Homes like this - with this much history, this much land, and this much personality - rarely come to market. Welcome to 9407 Hale Pl!
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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%.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$1,000,000
↓ $49K
(4.7%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by TTR Sotheby's International Realty | $1,049,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017