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Freeport 11520 Freeport
54 Lester Avenue
$499,000
● House - Off Market

54 Lester Avenue

Hempstead, NY 11520
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,968 Ft²
$756,365
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Completely Renovated 4 Bedroom 2.5 Bath Splanch W/ Hardwood Floor Throughout, Featuring Granite Kitchen W Ss Appliances, Dinrm/Livrm With Open Floor Plan & 1/2 Bth! 2nd Level Has Lrg Family Room 3rd Level Has Master Suite W/Bath, 3 Additional Bedrooms & Full Bth. Lower Level Has A Den, Office, Laundry W/Mudroom. Property Is Beautifully Landscaped With Beautiful Views Of The Water!!, Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
$953
HOA Dues
-
Year Built
1966

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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 #KEYL3026458)

Price History

Date / Event Date Event Price
Oct 3, 2018 Sold
Premium
Sold
Aug 10, 2018 No longer available -
No longer available
Aug 8, 2018 Price Increased $499,999
↑ $999 (0.2%)
Price Increased
Jun 19, 2018 Listed $499,000
Listed
Completely Renovated 4 Bedroom 2.5 Bath Splanch W/ Hardwood Floor Throughout, Featuring Granite Kitchen W Ss Appliances, Dinrm/Livrm With Open Floor Plan & 1/2 Bth! 2nd Level Has Lrg Family Room 3rd Level Has Master Suite W/Bath, 3 Additional Bedrooms & Full Bth. Lower Level Has A Den, Office, Laundry W/Mudroom. Property Is Beautifully Landscaped With Beautiful Views Of The Water!! The manager has listed the unit size as 1968 square feet.
May 2, 2018 Listed by Signature Premier Properties $499,999
Listed by Signature Premier Properties
Show More

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 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: 7
  • Basement Area: 228
  • Garage Type: 7
  • Garage Square Area: 171
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • 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: 54-334-00-0054
  • Block: 334
  • Lot: 54-56
  • Municipality: FREEPORT
  • Latitude: 40.635
  • Longitude: -73.5943

    Address

  • Full Address: 54 Lester Ave
  • Address - House Number: 54
  • Address - Street Name: Lester
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Freeport
  • Carrier Code: C009
  • 4-Digit Zip Code: 5913
  • Zip Code: 11520

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $855,214
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 77
  • Final Value: 648,273
  • High Value: 763,281
  • Low Value: 533,266

    Market Valuation

  • Market Total Value: $439,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439
  • Assessed Land Value: $141
  • Assessed Improvements Value: $298

    Sales

  • Current Sale Contract Date: Sep 21, 2018
  • Current Sale Recording Date: Oct 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018-089256
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

2630 ft²

Average Home Age

68.5 years

Currently For Sale

84 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 54 Lester Avenue built and last sold?
The property at 54 Lester Avenue was built in 1966 and last sold on Sep 21, 2018 for $499,000.
How much is this home worth?
The estimated value of the home located at 54 Lester Avenue is $520,468.
What are some comparable homes to 54 Lester Avenue?
There are currently no comparable homes to 54 Lester Avenue.
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