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Freeport 11520 Freeport
170 Colonial Avenue
$590,000
● House - Off Market

170 Colonial Avenue

Hempstead, NY 11520
bedrooms
3 Beds
bathrooms
3 Baths
$635,471
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Location, Location, location!! ultramodern, custom-renovated, highly desirable, Ideal for entertaining both indoors and out, this home's open concept living areas flow among all rooms The private yard is perfect for gatherings both big and small right beside this bright, inviting and beautiful home. Incredible attention to detail has been paid both inside and out. Be the next owner of this spectacular, one of a kind, fully renovated home. Spacious interior, and quality materiels have a unique flow you'll have to see for yourself!! renovated in 2022. Walk out basement with opportunities.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1961

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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: 5 months ago (OneKey MLS #KEYL3422085)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Oct 31, 2022 In contract -
In contract
Aug 30, 2022 Price Decreased $599,000
↓ $25K (4%)
Price Decreased
Aug 8, 2022 Listed by Voro LLC $624,000
Listed by Voro LLC
May 27, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: 414100

Geography

  • District: 282009
  • Section: 55
  • Parcel: 55-360-00-0829
  • Block: 360
  • Lot: 829-830
  • Municipality: FREEPORT
  • Latitude: 40.6699
  • Longitude: -73.5806

    Address

  • Full Address: 170 Colonial Ave
  • Address - House Number: 170
  • Address - Street Name: Colonial
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C017
  • 4-Digit Zip Code: 1205
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $719,509
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 517,162
  • High Value: 610,753
  • Low Value: 423,572

    Market Valuation

  • Market Total Value: $319,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319
  • Assessed Land Value: $136
  • Assessed Improvements Value: $183

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2023-979
  • Previous Sale Recording Date: Jun 07, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: 12
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

$416

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2847 ft²

Average Home Age

71.9 years

Currently For Sale

68 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 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
Unit for rent at 2674 Johnson Place, Baldwin, NY, 11510

$4,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,016 ft²
2674 Johnson Place, Baldwin, NY, 11510 Listing by Natalia Hernandez Lopez
Unit for rent at 1654 Grand Avenue, Baldwin, NY, 11510

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
1654 Grand Avenue #2, Baldwin, NY, 11510 Listing by Kadiatou Balde LHC

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 170 Colonial Avenue built and last sold?
The property at 170 Colonial Avenue was built in 1961 and last sold on Dec 16, 2022 for $615,000.
How much is this home worth?
The estimated value of the home located at 170 Colonial Avenue is $604,990.
What are some comparable homes to 170 Colonial Avenue?
There are currently no comparable homes to 170 Colonial Avenue.
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