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Freeport 11520 Freeport
38 Hubbard Avenue
$495,000
● House - Off Market

38 Hubbard Avenue

Hempstead, NY 11520
bedrooms
3 Beds
bathrooms
1 Bath
square feet
825 Ft²
$3,201
Est. Monthly
7.73%
Cap Rate

About This Property

Beautiful 3 bedroom Ranch with updated Kitchen & Bathroom, Livingroom with fireplace, central Air, large fenced back yard for entertaining 1.5 detached garage!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr
Unit Size
825 Ft²
Days on Market
112 days
Land Size
0.12 acres
Price per sqft
$594
Property Type
House
Property Taxes
$794
HOA Dues
-
Year Built
1954

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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 #KEYL3592767)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Jan 1, 2025 In contract -
In contract
Dec 19, 2024 Relisted $490,000
Relisted
Dec 11, 2024 In contract -
In contract
Oct 30, 2024 Listed by Signature Premier Properties $490,000
Listed by Signature Premier Properties
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 8
  • 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: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 825
  • Building Area: 825
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 825
  • Heating Fuel Type: 6

    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: 414502

Geography

  • District: 282009
  • Section: 62
  • Parcel: 62-105-00-0328
  • Block: 105
  • Lot: 328
  • Municipality: FREEPORT
  • Latitude: 40.6315
  • Longitude: -73.5785

    Address

  • Full Address: 38 Hubbard Ave
  • Address - House Number: 38
  • Address - Street Name: Hubbard
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C022
  • 4-Digit Zip Code: 6249
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $583,799
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 447,199
  • High Value: 526,547
  • Low Value: 367,850

    Market Valuation

  • Market Total Value: $297,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297
  • Assessed Land Value: $150
  • Assessed Improvements Value: $147

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-056004
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Jan 30, 2015
  • Previous Sale Amount: $165,000
  • 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

93

Average Home Size

2598 ft²

Average Home Age

69.1 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 31 Casino Street, Freeport, NY, 11520

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
31 Casino Street #4B, Freeport, NY, 11520 Listing by Maria Carusone Bolen
Unit for rent at 70 S Main Street, Freeport, NY, 11520

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
70 S Main Street #307, Freeport, NY, 11520 Listing by Lucien Saintfort

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 38 Hubbard Avenue built and last sold?
The property at 38 Hubbard Avenue was built in 1954 and last sold on Mar 23, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 38 Hubbard Avenue is $0.
What are some comparable homes to 38 Hubbard Avenue?
There are currently no comparable homes to 38 Hubbard Avenue.
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