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Freeport 11520 Freeport
45 Lakeview Avenue
Photo of 45 Lakeview Avenue
Sold on Oct 23, 2025

17

Map

Photo of 45 Lakeview Avenue
Photo of 45 Lakeview Avenue
$607,000
● House - Off Market

45 Lakeview Avenue

Hempstead, NY 11520
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,242 Ft²
$3,769
Est. Monthly
11.18%
Cap Rate

About This Property

Welcome to This Totally Renovated 5 Bedroom Colonial on a Corner Lot in the Heart of Freeport. New Kitchen with Stainless Steele Appliances, New Flooring throughout the House, New Boiler and Above Ground Oil Tank. First Floor has two Bedrooms with an Additional Three on the Second Floor and a Newly Updated Full Bath. The Roof is a Year old and the Exterior Siding has just been Completed. With a Full Basement for Storage and a Laundry Room Conveniently Situated on the First Floor, This Home is Move in Ready!
Unit Size
1,242 Ft²
Days on Market
113 days
Land Size
0.14 acres
Price per sqft
$482
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1923

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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: 13 months ago (OneKey MLS #KEY881338)

Price History

Date / Event Date Event Price
Oct 23, 2025 Sold
Premium
Sold
Aug 8, 2025 In contract -
In contract
Jul 16, 2025 Price Decreased $599,000
↓ $10K (1.6%)
Price Decreased
Jun 23, 2025 Listed by Douglas Elliman Real Estate $609,000
Listed by Douglas Elliman Real Estate
May 6, 2021 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 5
  • 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: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,160
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 14
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000141
  • 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: 414400

Geography

  • District: 282009
  • Section: 55
  • Parcel: 55-210-00-0834
  • Block: 210
  • Lot: 834
  • Municipality: FREEPORT
  • Latitude: 40.661
  • Longitude: -73.5712

    Address

  • Full Address: 45 Lakeview Ave
  • Address - House Number: 45
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C010
  • 4-Digit Zip Code: 2504
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $804,004
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 487,840
  • High Value: 582,635
  • Low Value: 393,045

    Market Valuation

  • Market Total Value: $356,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $356
  • Assessed Land Value: $132
  • Assessed Improvements Value: $224

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: May 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-060591
  • Previous Sale Recording Date: Mar 01, 1996
  • Previous Sale Contract Date: Feb 16, 1996
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

2731 ft²

Average Home Age

67.4 years

Currently For Sale

79 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 1750 Henry Road, Merrick, NY, 11566

$6,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,425 ft²
1750 Henry Road, Merrick, NY, 11566 Listing by Ellen Visconti-Olson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 13 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 45 Lakeview Avenue built and last sold?
The property at 45 Lakeview Avenue was built in 1923 and last sold on Apr 26, 2021 for $270,000.
How much is this home worth?
The estimated value of the home located at 45 Lakeview Avenue is $0.
What are some comparable homes to 45 Lakeview Avenue?
There are currently no comparable homes to 45 Lakeview Avenue.
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