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Freeport 11520 Freeport
116 Porterfield Place
$670,000
● House - Off Market

116 Porterfield Place

Freeport, NY 11520
bedrooms
4 Beds
bathrooms
3 Baths
$869,190
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Fully Renovated Large 4 Bedroom/3 Bath Colonial In A Great Location! Open Floor Plan! Living Rm, Formal Dr, Eat In Kitchen.  Working Fireplace. Granite Floors. Large Windows w/ Tons Of Natural Sunlight. New Eat In Kitchen w/ White Shaker Cabinets, Stainless Steel Appliances and A Gorgeous Island w/ Quartz Counter Top. Sliding Doors In Kitchen Lead To A Beautiful Wooden Deck In The Back Facing An Oversized Yard w/ 1 Car Garage. Master Bedroom w/ Walk In Closet & Full Bath. Bluetooth Speaker Installed In Bathroom! Full Finished Basement w/ Pvt Entrance. Laundry/Utility Room. New Siding & Roofing. Gas Heat. Brand New Black Top Circular Driveway. Gorgeous Home With Lots Of Great Features! A MUST SEE PROPERTY!
Unit Size
-
Days on Market
124 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,355
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (OneKey MLS #ONE3268571)

Price History

Date / Event Date Event Price
Mar 15, 2021 Sold
Premium
Sold
Dec 14, 2020 In contract -
In contract
Nov 11, 2020 Listed by Solid Homes Realty Inc $699,000
Listed by Solid Homes Realty Inc
Mar 30, 2020 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • 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: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 414301

Geography

  • District: 282009
  • Section: 54
  • Parcel: 54-089-00-0005
  • Block: 89
  • Lot: 5
  • Municipality: FREEPORT
  • Latitude: 40.6533
  • Longitude: -73.5951

    Address

  • Full Address: 116 Porterfield Pl
  • Address - House Number: 116
  • Address - Street Name: Porterfield
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Freeport
  • Carrier Code: C001
  • 4-Digit Zip Code: 3238
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,049,815
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 670,506
  • High Value: 791,366
  • Low Value: 549,647

    Market Valuation

  • Market Total Value: $450,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450
  • Assessed Land Value: $190
  • Assessed Improvements Value: $260

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-046051
  • Previous Sale Recording Date: Mar 30, 2020
  • Previous Sale Contract Date: Mar 03, 2020
  • Previous Sale Amount: $334,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Freeport

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

3852 ft²

Average Home Age

70.8 years

Currently For Sale

70 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 116 Porterfield Place built and last sold?
The property at 116 Porterfield Place was built in 1920 and last sold on Mar 15, 2021 for $670,000.
How much is this home worth?
The estimated value of the home located at 116 Porterfield Place is $0.
What are some comparable homes to 116 Porterfield Place?
There are currently no comparable homes to 116 Porterfield Place.
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