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Freeport 11520 Freeport
24 Lincoln Place
$450,000
● House - Off Market

24 Lincoln Place

Freeport, NY 11520
bedrooms
3 Beds
bathrooms
1 Bath
$535,248
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Comfortable lovely colonial style property with lots of character, located near transportation, schools and highways. Main floor has hardwood floors throughout and features a living room, formal dining room, and kitchen. The second floor features 3 bedrooms, a full bath and access to a walk-up attic. There is also a full finished basement with full bath and outside entrance. This charming home has updated siding, windows and roof, a long driveway, a 1car detached garage and fenced-in large yard with rear deck and shed.
Unit Size
-
Days on Market
145 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1947

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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 #ONE3274803)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Jan 15, 2021 In contract -
In contract
Dec 10, 2020 Listed by American Pride Realty Inc $450,000
Listed by American Pride Realty Inc

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Building Count: 1
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 41,890
  • Lot Size Depth Feet: 317
  • Lot Size Frontage Feet: 137

Building

  • Building Type: Q1
  • Lot Type: 3
  • Land Use: 09
  • Irregular Lot Code: N

Neighborhood

  • Community District: 111
  • City Council District: 9
  • Police Precinct: 25
  • Fire Company: E059
  • Health Area: 1600
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3A
  • School District: 05

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: PARK

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1757
  • Lot: 169
  • Borough Block Lot: 1017570169

    Address

  • Full Address: 5 Avenue
  • Zip Code: 10037

Valuation

    Assessments Valuation

  • Assessed Total Value: $605,250
  • Assessed Land Value: $605,250

    Exemptions

  • Exempt Total Value: $605,250
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

91

Average Home Size

2844 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 21 W Centennial Ave, Roosevelt, NY, 11575

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,176 ft²
21 W Centennial Ave, Roosevelt, NY, 11575 Listing by Ahdehroh Lambert Mortimore
Unit for rent at 175 S Brookside Avenue, Freeport, NY, 11520

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,523 ft²
175 S Brookside Avenue, Freeport, NY, 11520 Listing by Meliza Berrios

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Lincoln Place built and last sold?
The property at 24 Lincoln Place was built in 1947 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 24 Lincoln Place is $0.
What are some comparable homes to 24 Lincoln Place?
There are currently no comparable homes to 24 Lincoln Place.
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