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Freeport 11520 Freeport
160 Cedar Street
$720,000
● House - Off Market

160 Cedar Street

Hempstead, NY 11520
bedrooms
4 Beds
bathrooms
2 Baths
$4,752
Est. Monthly

About This Property

Don't miss this NEWLY renovated 1 of a kind Single Family home in the heart of South Freeport. This 4 Level beauty features 4 bedrooms, 2 full baths, living room with a fireplace, formal dining room, full deck & a 1.5 Car garage. Beautifully situated on a Corner Property lot with an Oversized front, side, and back yard with 2 sheds, located just 2 minutes away from the reputable and prestige attraction known as The Nautical Mile!! This will NOT last!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,167
HOA Dues
-
Year Built
1953

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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: 6 months ago (OneKey MLS #KEYL3512792)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Dec 5, 2023 Sold
Premium
Sold
Nov 6, 2023 In contract -
In contract
Nov 5, 2023 Price Increased $729,999
↑ $30K (4.3%)
Price Increased
Oct 25, 2023 Listed by Fave Realty Inc $699,999
Listed by Fave Realty Inc
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 414501

Geography

  • District: 282009
  • Section: 62
  • Parcel: 62-137-00-0013
  • Block: 137
  • Lot: 13
  • Municipality: FREEPORT
  • Latitude: 40.6419
  • Longitude: -73.5896

    Address

  • Full Address: 160 Cedar St
  • Address - House Number: 160
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NY
  • City Name: Freeport
  • Carrier Code: C034
  • 4-Digit Zip Code: 5430
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,976
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 699,162
  • High Value: 764,437
  • Low Value: 633,888

    Market Valuation

  • Market Total Value: $395,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395
  • Assessed Land Value: $165
  • Assessed Improvements Value: $230

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2024-11520
  • Previous Sale Recording Date: Dec 28, 2022
  • Previous Sale Contract Date: Oct 27, 2022
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 33
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

$419

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2598 ft²

Average Home Age

69.1 years

Currently For Sale

87 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

Unit for rent at 539 Nassau Avenue, Freeport, NY, 11520

$6,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,369 ft²
539 Nassau Avenue, Freeport, NY, 11520 Listing by Joseph A. Scavo
Unit for rent at 50 Florence Avenue, Freeport, NY, 11520

$3,800 /mo

  • 2 Beds
  • 1 Bath
  • 2,451 ft²
50 Florence Avenue, Freeport, NY, 11520 Listing by Lisa J. DeTurris
Unit for rent at 87-89 Main Street, Freeport, NY, 11520

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
87-89 Main Street #204, Freeport, NY, 11520 Listing by Angelo P. Pastore

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 160 Cedar Street built and last sold?
The property at 160 Cedar Street was built in 1953 and last sold on Dec 5, 2023 for $720,000.
How much is this home worth?
The estimated value of the home located at 160 Cedar Street is $737,299.
What are some comparable homes to 160 Cedar Street?
There are currently no comparable homes to 160 Cedar Street.
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