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Freeport 11520 Freeport
195 Cedar Street
$400,000
● House - Off Market

195 Cedar Street

Hempstead, NY 11520
bedrooms
3 Beds
bathrooms
2 Baths
$603,698
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Totally Renovated Raised Ranch. Feat Lr, Formal Dr, Eik, 3 Br, 2 Full Bath. Huge Full Finished Basement.  Has Central Air Conditioning. New Stainless Steel Appliances & Granite Counter Tops.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,046
HOA Dues
-
Year Built
1952

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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: 4 months ago (OneKey MLS #KEYL3030749)

Price History

Date / Event Date Event Price
Jul 27, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Solid Homes Realty Inc $399,000
Listed by Solid Homes Realty Inc
Jan 3, 2018 Sold
Premium
Sold
Oct 10, 2016 Listed by 360 Realty Group $149,000
Listed by 360 Realty Group
No Offer Considered Accepted Until Fully Executed Contracts; No Commission Due Until Title Passes; Information Is Deemed Accurate, But Not Guaranteed. Prospective Buyers Should Re-Verify All Information. Basement Was Flooded By Sandy And Never Remediated, No Heating System, See Photos

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 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: 996
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 996
  • 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: 62-139-00-0001
  • Block: 139
  • Lot: 1
  • Municipality: FREEPORT
  • Latitude: 40.6414
  • Longitude: -73.5909

    Address

  • Full Address: 195 Cedar St
  • Address - House Number: 195
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: NY
  • City Name: Freeport
  • Carrier Code: C034
  • 4-Digit Zip Code: 5401
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $716,947
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 520,751
  • High Value: 613,150
  • Low Value: 428,351

    Market Valuation

  • Market Total Value: $336,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336
  • Assessed Land Value: $155
  • Assessed Improvements Value: $181

    Sales

  • Current Sale Contract Date: Jul 17, 2018
  • Current Sale Recording Date: Jul 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-066314
  • Previous Sale Recording Date: Jan 03, 2018
  • Previous Sale Contract Date: Dec 08, 2017
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

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 9 N Ann Drive, Freeport, NY, 11520

$4,300 /mo

  • 5 Beds
  • 3 Baths
  • 1,400 ft²
9 N Ann Drive, Freeport, NY, 11520 Listing by Scheffee Wilson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 195 Cedar Street built and last sold?
The property at 195 Cedar Street was built in 1952 and last sold on Jul 17, 2018 for $400,000.
How much is this home worth?
The estimated value of the home located at 195 Cedar Street is $402,990.
What are some comparable homes to 195 Cedar Street?
There are currently no comparable homes to 195 Cedar Street.
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