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Freeport 11520 Freeport
18 Cary
$385,000
● House - Off Market

18 Cary

Hempstead, NY 11520
bedrooms
1 Bed
bathrooms
1 Bath
$2,642
Est. Monthly
5.47%
Cap Rate

About This Property

Welcome to your cozy South Freeport bungalow! This charming 1-bedroom home sits on a spacious 50x108 lot, offering plenty of room to enjoy as is or expand for future investment. The detached garage is perfect for extra storage or your favorite hobbies. Located in a desirable neighborhood, this gem comes with the perks of super low taxes and a no flood zone designation! Whether you're looking for the perfect starter home or a smart investment, this property has endless possibilities. Don't miss out on this fantastic opportunity!
Unit Size
-
Days on Market
78 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1913

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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 #KEYL3582004)

Price History

Date / Event Date Event Price
Dec 17, 2024 Sold
Premium
Sold
Sep 30, 2024 Listed by Real Broker NY LLC $399,999
Listed by Real Broker NY LLC
Jul 15, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by Real Broker NY LLC $329,000
Listed by Real Broker NY LLC
Dec 31, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Total Rooms: 3
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 12
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 304
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,350
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 500
  • Total Building Area: 558
  • Building Area: 558
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • 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: 54
  • Parcel: 54-320-00-0008
  • Block: 320
  • Lot: 8
  • Municipality: FREEPORT
  • Latitude: 40.6401
  • Longitude: -73.5944

    Address

  • Full Address: 18 Cary Pl
  • Address - House Number: 18
  • Address - Street Name: Cary
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Freeport
  • Carrier Code: C009
  • 4-Digit Zip Code: 5926
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $560,228
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 384,393
  • High Value: 452,363
  • Low Value: 316,423

    Market Valuation

  • Market Total Value: $265,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265
  • Assessed Land Value: $156
  • Assessed Improvements Value: $109

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-74913
  • Previous Sale Recording Date: Dec 31, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $270,000
  • 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

$420

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2599 ft²

Average Home Age

68.2 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 148 S Main Street, Freeport, NY, 11520

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
148 S Main Street, Freeport, NY, 11520 Listing by Otto E. Lugo GRI

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 18 Cary Place built and last sold?
The property at 18 Cary Place was built in 1913 and last sold on Jul 7, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 18 Cary Place is $403,999.
What are some comparable homes to 18 Cary Place?
There are currently no comparable homes to 18 Cary Place.
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