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Freeport 11520 Freeport
306 Westside Avenue
$515,000
● House - Off Market

306 Westside Avenue

Hempstead, NY 11520
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,367 Ft²
$515,976
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Fully Updated 3 Bedroom, 1.5 Bath Split-level, Featuring Cozy Living Room, Large Formal Dining Rm w/Cath Ceilings, EIK w/Island, Stainless Steel Appliances, New  baths, Hardwood floors thru-out 1st & 2nd level, Large Rear Deck in yard, New gas heat, Cent Air,Just move right in....!, Additional information: Appearance:Excellent,Separate Hotwater Heater:Gas
Unit Size
1,367 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$372
Property Type
House
Property Taxes
$1,140
HOA Dues
-
Year Built
1958

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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 #KEYL3374000)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 29, 2022 Sold
Premium
Sold
Mar 3, 2022 In contract -
In contract
Feb 4, 2022 Listed by Douglas Elliman Real Estate $509,000
Listed by Douglas Elliman Real Estate
Nov 4, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 395
  • Garage Type: 7
  • Garage Square Area: 169
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,367
  • Building Area: 1,367
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,367
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 62-033-00-0320
  • Block: 33
  • Lot: 320
  • Municipality: FREEPORT
  • Latitude: 40.6351
  • Longitude: -73.5893

    Address

  • Full Address: 306 Westside Ave
  • Address - House Number: 306
  • Address - Street Name: Westside
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C023
  • 4-Digit Zip Code: 6029
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $957,635
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.0933
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 91
  • Final Value: 509,689
  • High Value: 557,266
  • Low Value: 462,112

    Market Valuation

  • Market Total Value: $420,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420
  • Assessed Land Value: $150
  • Assessed Improvements Value: $270

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-00060241
  • Previous Sale Recording Date: Mar 09, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $420,000
  • 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

2350 ft²

Average Home Age

68.9 years

Currently For Sale

75 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 306 Westside Avenue built and last sold?
The property at 306 Westside Avenue was built in 1958 and last sold on Apr 29, 2022 for $512,500.
How much is this home worth?
The estimated value of the home located at 306 Westside Avenue is $517,153.
What are some comparable homes to 306 Westside Avenue?
There are currently no comparable homes to 306 Westside Avenue.
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