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531 Ray St

Freeport, NY 11520

3 bd 3 ba 1,545 sqft Built 2016 condos
Most recent sale
$515,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2023 Listing removed $525,000 OneKeyMLS
Sep 8, 2022 Sold $515,000 MLS #3412090
Jun 29, 2022 Listed $515,000 MLS #3412090
Jun 29, 2018 Sold $459,000 MLS #2999962
Jan 28, 2018 Listed $449,000 MLS #2999962

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $450 $450 $1,594
2022 $450 $450 $1,997
2021 $450 $450 $1,045
2020 $425 $425 $28,456

Property facts

Year built
2016
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
1,545 sqft
Lot size
ZIP code
11520
City
Freeport
Street
Ray St
Coordinates
40.64185, -73.59854

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,253
Gross rental yield
12.24%
Implied cap rate
7.96%
Trend-extrapolated value

Frequently asked questions

When did 531 Ray St last sell?
531 Ray St most recently sold on Sep 8, 2022 for $515,000.
What is the current tax assessment for 531 Ray St?
The most recent total assessment for 531 Ray St (year 2024) is $450 with $1,594 in property tax.
How does 531 Ray St's assessment compare to its last sale price?
The current assessment is 99.9% below the last sale price of $515,000.
When was 531 Ray St built?
531 Ray St was built in 2016.
How does 531 Ray St compare to others on Ray St?
We track 8 other properties on Ray St. Browse the list under "Other properties on Ray St" to compare beds, baths, and sale history.
What are the property facts for 531 Ray St?
531 Ray St is a 3 bed, 3 bath, 1,545 sqft condos.
Is 531 Ray St a flip candidate?
No — 531 Ray St does not appear in our flips dataset.
Is 531 Ray St a tax-appeal candidate?
No — 531 Ray St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.2%
2026 Q3
$684.4K
2026 Q4
$699.4K
ZIP 11520 — Median Price History + Forecast

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