by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Freeport 11520 Freeport
55 Lester Avenue
Photo of 55 Lester Avenue
Sold on Jul 28, 2026

38

Map

Photo of 55 Lester Avenue
Photo of 55 Lester Avenue
$700,000
● House - Off Market

55 Lester Avenue

Hempstead, NY 11520
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,030 Ft²
$4,731
Est. Monthly

About This Property

Lovely Waterfront Home just seconds away from Beautiful Open Bay! Large yard with great access. Working Fireplace, Large first floor for entertaining inside and out. Private and quiet Meister Beach! 4 Bedrooms to accommodate the whole crowd! Full Bath on first floor, garage attached to house. Come on home!
Unit Size
2,030 Ft²
Days on Market
161 days
Land Size
0.13 acres
Price per sqft
$357
Property Type
House
Property Taxes
$1,171
HOA Dues
-
Year Built
1937

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 months ago (OneKey MLS #KEY961918)

Price History

Date / Event Date Event Price
Jul 28, 2026 Sold
Premium
Sold
Apr 16, 2026 In contract -
In contract
Feb 17, 2026 Listed by Clark Realty Corp Of New York $725,000
Listed by Clark Realty Corp Of New York
Jan 13, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 7
  • 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: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 14

    Dimensions

  • Lot Size Square Feet: 5,840
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 730
  • Total Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: LOTS 31-33,124 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: 54-336-00-0031
  • Block: 336
  • Lot: 31
  • Municipality: FREEPORT
  • Latitude: 40.635
  • Longitude: -73.5939

    Address

  • Full Address: 55 Lester Ave
  • Address - House Number: 55
  • 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: $859,683
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1687
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 687,393
  • High Value: 803,395
  • Low Value: 571,390

    Market Valuation

  • Market Total Value: $462,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462
  • Assessed Land Value: $169
  • Assessed Improvements Value: $293

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 1997
  • Current Sale Recording Date: Jan 13, 1998
  • Current Sale Price:
    Premium
  • Current 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

$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 201 Stuyvesant Avenue, Merrick, NY, 11566

$5,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,244 ft²
201 Stuyvesant Avenue, Merrick, NY, 11566 Listing by Kevin Coons
Unit for rent at 725 Miller Avenue, Freeport, NY, 11520

$2,895 /mo

  • 1 Bed
  • 1 Bath
  • 1,200 ft²
725 Miller Avenue #123, Freeport, NY, 11520 Listing by Lisa J. DeTurris
Unit for rent at 265 Randall Avenue, Freeport, NY, 11520

$5,300 /mo

  • 4 Beds
  • 1 Bath
  • 1,626 ft²
265 Randall Avenue, Freeport, NY, 11520 Listing by Nataly Fuentes

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 55 Lester Avenue built and last sold?
The property at 55 Lester Avenue was built in 1937 and last sold on Dec 29, 1997 for $172,000.
How much is this home worth?
The estimated value of the home located at 55 Lester Avenue is $0.
What are some comparable homes to 55 Lester Avenue?
There are currently no comparable homes to 55 Lester Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Freeport Homes for Sale
Freeport Houses for Sale
Freeport Condos for Sale
Freeport Co-Ops for Sale
Freeport Townhouses for Sale
Freeport Multifamily for Sale
Freeport Land for Sale
Freeport Commercial for Sale
Nearby Cities
Oceanside Homes for Sale
East Meadow Homes for Sale
Hempstead Homes for Sale
Merrick Homes for Sale
Rockville Centre Homes for Sale
Baldwin Homes for Sale
Bellmore Homes for Sale
North Bellmore Homes for Sale
Nearby Property Records
Nassau County, NY Property Records
New York, NY Property Records
Hudson County, NJ Property Records
Bergen County, NJ Property Records
Westchester County, NY Property Records
Union County, NJ Property Records
Essex County, NJ Property Records
Monmouth County, NJ Property Records
Neighborhoods
South Bellmore Real Estate
The Canals Real Estate
Nearby Counties
Hempstead Homes for Sale
Top Real Estate Agents
Top Agents in Freeport
Top Agents in Hempstead
Top Agents in 11561
Top Agents in 11520
Top Agents in 11566
Top Agents in Oceanside
Top Agents in 11572
Top Agents in 11510