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Freeport 11520 Freeport
49 Lester Avenue
Photo of 49 Lester Avenue

33

Map

Photo of 49 Lester Avenue
Photo of 49 Lester Avenue
$674,999
● House - In Contract

49 Lester Avenue

Hempstead, NY 11520
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,785 Ft²
$4,233
Est. Monthly

About This Property

Welcome to this distinguished colonial residence tucked away in the coveted enclave of South Freeport, just minutes from the famed Nautical Mile, fine dining, boutique shopping, and convenient transit. Built in 2017 and gracefully elevated, this exquisite home offers 3 generously sized bedrooms, 2.5  bathrooms, and an expansive 1,700 sq. ft. of refined interior living space, perfectly situated on a 5,000 sq. ft. lot.From the moment you step inside, you'll be captivated by the thoughtful layout, elegant finishes, and natural light that pours through every room. Enjoy panoramic daytime views and unwind in the evening with the gentle bay breeze drifting through your windows.

This is a truly rare opportunity to own a newer-construction home in one of Freeport's most sought-after neighborhoods, offering timeless charm, modern comforts, and a lifestyle defined by relaxed luxury.
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$378
Property Type
House
Property Taxes
$918
HOA Dues
-
Year Built
2017

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 months ago (OneKey MLS #KEY974308)

Price History

Date / Event Date Event Price
Jul 31, 2026 In contract -
In contract
Jun 25, 2026 Price Decreased $674,999
↓ $25K (3.6%)
Price Decreased
Jun 11, 2026 Price Decreased $699,999
↓ $50K (6.7%)
Price Decreased
Jun 11, 2026 Relisted $749,999
Relisted
Jun 10, 2026 In contract -
In contract
Show More

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Formal Dining
Appliances: Other
Rooms: 6
Basement: Finished, Full
Exterior Details
Square Footage: 1785
Square Footage Source: $0
Architectural Style: Colonial
Year Built: 2017
Waterfront Features: Canal Access, Water Access
Building Area Total: 1785
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 4800
Lot Size Units: Square Feet
Lot Size Acres: 0.1102
Lot Size Square Feet: 4800
Water Source: Public
Financial Details
Tax Assessed Value: $447
Tax Annual Amount: $11,015
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Baseboard
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP AMENDING MAP OF MEISTER BEACH
  • Land Acres: 0000000110
  • 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: 54
  • Parcel: 54-336-00-0028
  • Block: 336
  • Lot: 28-30
  • Municipality: FREEPORT
  • Latitude: 40.6352
  • Longitude: -73.5939

    Address

  • Full Address: 49 Lester Ave
  • Address - House Number: 49
  • Address - Street Name: Lester
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C009
  • 4-Digit Zip Code: 5912
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,435
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 640,790
  • High Value: 748,928
  • Low Value: 532,652

    Market Valuation

  • Market Total Value: $438,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $438
  • Assessed Land Value: $148
  • Assessed Improvements Value: $290

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2017
  • Current Sale Recording Date: Dec 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017-120402
  • Previous Sale Recording Date: Oct 17, 2013
  • Previous Sale Contract Date: Oct 09, 2013
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 12

    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

$416

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2838 ft²

Average Home Age

68.7 years

Currently For Sale

71 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: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 49 Lester Avenue built and last sold?
The property at 49 Lester Avenue was built in 2017 and last sold on Oct 30, 2017 for $490,000.
How much is this home worth?
The estimated value of the home located at 49 Lester Avenue is $641,943.
What are some comparable homes to 49 Lester Avenue?
There are currently no comparable homes to 49 Lester Avenue.
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