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Freeport 11520 Freeport
51 Shonnard Avenue
$505,000
● House - Off Market

51 Shonnard Avenue

Freeport, NY 11520
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$581,636
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Picture Perfect And Updated Colonial With Almost 2000 Sq Ft In The Heart Of North Freeport With Beautiful Curb Appeal. Walk Right Into A Magazine When You Enter This Meticulous Home. Cozy Formal Living Room And Formal Dining Room Both With Gorgeous Bamboo Floors, Designer Moldings, & High Hat Lighting. Open Floor Plan From Dining Room To Kitchen With Views Of The Massive Backyard.  Enjoy Three Bedrooms And Full Bath On Second Floor With Pull Down Stairs To Finished Attic Space For Limitless Storage And Fourth Bedroom Located On First Floor. Full Basement With High Ceilings & OSE. Updated Roof, Electric, Hot Water Tank, Stainless Steel Appliances, Etc. Home Sits On A 100x100 Fully Fenced In Property With Two PVC Gates. No Flood Insurance Required. Freeport School District. Taxes Being Grieved!
Unit Size
-
Days on Market
102 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,595
HOA Dues
-
Year Built
1924

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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 #ONE3283196)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 7, 2021 Sold
Premium
Sold
Mar 11, 2021 In contract -
In contract
Feb 22, 2021 Price Decreased $489,000
↓ $10K (2%)
Price Decreased
Feb 11, 2021 Price Increased $499,000
↑ $10K (2%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,958
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 55-225-00-0467
  • Block: 225
  • Lot: 467-470
  • Municipality: FREEPORT
  • Latitude: 40.6608
  • Longitude: -73.5764

    Address

  • Full Address: 51 Shonnard Ave
  • Address - House Number: 51
  • Address - Street Name: Shonnard
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C010
  • 4-Digit Zip Code: 2416
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,885
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 602,969
  • High Value: 706,848
  • Low Value: 499,089

    Market Valuation

  • Market Total Value: $449,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $449
  • Assessed Land Value: $172
  • Assessed Improvements Value: $277

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2021-093260
  • Previous Sale Recording Date: Jun 27, 2002
  • Previous Sale Contract Date: Jun 21, 2002
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27
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

$413

Below Asking

0.01%

Average Days on Market

89

Average Home Size

3852 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 3369 Bay Front Drive, Baldwin, NY, 11510

$4,500 /mo

  • 4 Beds
  • 1 Bath
  • 1,562 ft²
3369 Bay Front Drive, Baldwin, NY, 11510 Listing by Paul A. Conforti

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 51 Shonnard Avenue built and last sold?
The property at 51 Shonnard Avenue was built in 1924 and last sold on May 7, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 51 Shonnard Avenue is $493,890.
What are some comparable homes to 51 Shonnard Avenue?
There are currently no comparable homes to 51 Shonnard Avenue.
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