by RH Advisors

Check Availability
$780,000
● House - In Contract

101 Wallace Street

Hempstead, NY 11520
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,051 Ft²
$4,837
Est. Monthly
10.73%
Cap Rate

About This Property

Set on a peaceful, tree lined street in Freeport, this arts and crafts style home beautifully blends timeless charm with modern comfort. From its inviting wraparound porch to its mature oak trees and ten-foot privacy hedges, every corner exudes warmth and character.

Inside, solid tiger oak parquet floors, triple bay windows, and elegant crown molding showcase true craftsmanship. The main level flows effortlessly through spacious living and dining areas, including a den with oak paneling, a sunroom with French doors, and a gracious foyer. Upstairs, a grand oak staircase leads to four comfortable bedrooms including a serene primary suite with its own ensuite bath.

The full finished basement adds valuable living space, featuring solid oak paneling, a wet bar, laundry room, and walkout access to the yard. A long private driveway, garage, and parking for four cars complete the property.

Located near Freeport's vibrant Nautical Mile, with waterfront dining, parks, shopping, and easy access to the LIRR and major highways, this home offers a lifestyle rooted in comfort, character, and connection. Disclaimer: Sold AS IS, House got water damage and needs New Heating System.
Unit Size
3,051 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$256
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
1913

Listed By

Rafael Ching
Rafael Ching
Keller Williams Realty Greater

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (OneKey MLS #KEY1005957)

Price History

Date / Event Date Event Price
Jun 30, 2026 In contract -
In contract
May 29, 2026 No longer available -
No longer available
May 28, 2026 Listed by Keller Williams Realty Greater $780,000
Listed by Keller Williams Realty Greater
Jan 15, 2026 In contract -
In contract
Oct 7, 2025 Price Decreased $949,000
↓ $1K (0.1%)
Price Decreased
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Property Highlights

Parking Available
Garage
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Covered, Detached, Driveway, Garage, Private
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen
Appliances: Oven, Range, Refrigerator
Rooms: 8
Has Fireplace
Fireplaces: 2
Basement: Finished, Full
Exterior Details
Square Footage: 3051
Square Footage Source: $0
Security Features: Fire Alarm
Property Condition: Fixer
Architectural Style: Other
Year Built: 1913
Building Area Total: 3078
Levels: Two
Building Area Units: Square Feet
Construction Materials: Aluminum Siding, Frame, Vinyl Siding
Patio and Porch Features: Porch
Lot Features: Near Public Transit, Near School, Near Shops
Lot Size Area: 18748
Lot Size Units: Square Feet
Lot Size Acres: 0.4304
Lot Size Square Feet: 18748
Water Source: Public
Financial Details
Tax Annual Amount: $12,079
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Hot Water, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Total Rooms: 13
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 27
  • Garage Type: 10
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,051
  • Building Area: 3,051
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,051
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #1 SCH DIST 009

Neighborhood

  • School District Name: Freeport Union Free School District
  • School Tax School District: 009
  • School Tax District Code 2: FPT
  • Census Tract: 414202

Geography

  • District: 282009
  • Section: 55
  • Parcel: 55-271-00-0016
  • Block: 271
  • Lot: 16
  • Municipality: FREEPORT
  • Latitude: 40.6606
  • Longitude: -73.5907

    Address

  • Full Address: 101 Wallace St
  • Address - House Number: 101
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: NY
  • City Name: Freeport
  • Carrier Code: C005
  • 4-Digit Zip Code: 2731
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,207,915
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 877,068
  • High Value: 1,018,601
  • Low Value: 735,534

    Market Valuation

  • Market Total Value: $660,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $660
  • Assessed Land Value: $251
  • Assessed Improvements Value: $409

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 1997
  • Current Sale Recording Date: Aug 20, 1997
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Freeport


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Frequently Asked Questions

When was property at 101 Wallace Street built and last sold?
The property at 101 Wallace Street was built in 1913 and last sold on Aug 12, 1997 for $180,000.
How much is this home worth?
The estimated value of the home located at 101 Wallace Street is $816,521.
What are some comparable homes to 101 Wallace Street?
There are currently no comparable homes to 101 Wallace Street.

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