Is Freeport, New York Good for Airbnb Investment?

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Freeport, New York Airbnb Investment Overview

Is Airbnb a Good Investment in Freeport, New York?

Investing in Airbnb properties in Freeport, New York, presents a dynamic opportunity, largely influenced by its coastal appeal and proximity to New York City. The current market conditions show a steady demand for short-term rentals, particularly during peak seasons, driven by tourists seeking a getaway with access to beaches, boating, and a charming maritime atmosphere. Tourism trends indicate consistent interest in Freeport's nautical attractions, local eateries, and community events, which contributes to favorable occupancy rates. While property values in Freeport have seen consistent growth, making the initial investment noteworthy, the potential for solid rental income and capital appreciation remains strong. The investment potential is further enhanced by the area's ongoing development and its attractiveness as a summer destination.

How Much Does an Average Airbnb Earn in Freeport?

Based on available market data and rental analytics, Airbnb hosts in Freeport, New York typically earn between $1,200 to $3,500 per month, with average monthly revenues around $2,100 for a standard two-bedroom property. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 40-60% due to proximity to beaches and Long Island attractions, while winter months typically see a 20-30% decrease in bookings and rates. Properties closer to the waterfront or with water views command premium rates of $150-250 per night compared to inland properties averaging $80-140 per night. Key factors affecting earnings include property size and amenities, with entire homes outperforming private rooms by approximately 65%, proximity to Freeport's Nautical Mile entertainment district, seasonal demand from New York City visitors seeking weekend getaways, and competition from approximately 200-300 active listings in the area. Occupancy rates typically range from 45-55% annually, with successful hosts achieving 60-70% occupancy through competitive pricing and strong guest reviews, while properties with pools, parking, or unique features can command 15-25% higher nightly rates than comparable standard accommodations.

Airbnb Return on Investment in Freeport

Airbnb investments in Freeport, New York typically generate ROI between 8-12% annually, with higher-end properties near the waterfront achieving up to 15% returns during peak summer months when demand from New York City visitors increases significantly. The average payback period ranges from 7-10 years, depending on initial investment and property type, with single-family homes near Cow Meadow Park and the Nautical Mile performing better than apartments further from attractions. Compared to traditional long-term rentals in Freeport, which average 6-8% ROI annually, short-term rentals can generate 30-40% higher returns but require substantially more active management and face seasonal fluctuations, with occupancy rates dropping to 40-50% during winter months versus 75-85% in summer. Properties within walking distance of the LIRR station command premium rates of $150-250 per night during peak season, while those requiring car access typically earn $100-180 nightly, making location the primary factor in determining investment success in this Nassau County market.

Average Airbnb Occupancy Rate in Freeport

Airbnb occupancy rates in Freeport, New York typically average around 65-70% annually, with significant seasonal variations that peak during summer months (June through August) at approximately 80-85% occupancy due to its proximity to beaches and summer attractions on Long Island. Spring and fall months generally see moderate occupancy rates of 60-65%, while winter months drop to around 45-50% as tourism declines. Peak season extends from Memorial Day through Labor Day, with July being the highest occupancy month, while January and February represent the lowest occupancy period. Compared to New York State's average Airbnb occupancy rate of approximately 60-65%, Freeport performs slightly better due to its coastal location and accessibility to New York City, though it falls below the national average of around 70-75% for short-term rentals. The village benefits from both leisure travelers seeking beach access and business travelers due to its transportation links, creating a more stable year-round demand compared to purely seasonal destinations, though it still experiences the typical Northeast seasonal tourism patterns with summer dominance.

Best Neighborhoods for Airbnb in Freeport

The best Airbnb investment neighborhoods in Freeport include **Downtown Freeport** near the Nautical Mile, which offers prime waterfront access to restaurants, boating, and fishing charters with strong pricing power due to tourist demand; **South Main Street area** provides affordable entry points with good rental yields from visitors to Jones Beach and nearby attractions; **Woodcleft Canal district** attracts boating enthusiasts and waterfront seekers willing to pay premium rates for canal-front properties; **East Freeport residential areas** offer family-friendly accommodations for longer stays from visitors to local beaches and parks with steady occupancy rates; **Baldwin Harbor border area** captures overflow demand from more expensive Nassau County markets while maintaining proximity to transportation and beaches; **Cow Meadow Park vicinity** appeals to families visiting the recreational facilities and offers competitive rates with good occupancy; and **Roosevelt Raceway area** benefits from proximity to shopping and dining while offering lower acquisition costs with potential for solid returns from both leisure and business travelers accessing nearby commercial districts.

Short-term Rental Regulations in Freeport

In Freeport, New York, short-term rentals are subject to local zoning regulations that generally restrict such operations in residential districts, requiring property owners to obtain special use permits or variances from the Village Board of Appeals before operating rentals for periods less than 30 days. The village typically limits occupancy to two persons per bedroom plus two additional guests, with a maximum of 10 occupants total, and requires that properties meet all building and fire safety codes including proper egress windows and smoke detectors. Owner-occupancy requirements vary by zoning district, with some areas mandating that the property owner reside on-site during rental periods, while others allow non-owner-occupied rentals with proper permits. The registration process involves submitting applications to the Building Department with site plans, proof of insurance, and payment of permit fees ranging from $200-500, along with annual renewal requirements. Zoning restrictions generally prohibit short-term rentals in single-family residential districts without special permits, while allowing them more readily in commercial and mixed-use zones. Recent regulatory changes have included stricter enforcement of existing codes, increased penalties for unpermitted operations up to $1,000 per violation, and enhanced neighbor notification requirements during the permit application process.

Short-term Rental Fees and Taxes in Freeport

Short-term rentals in Freeport, New York are subject to New York State sales tax of 8% plus Nassau County sales tax of 4.25%, totaling 12.25% on rental income. The New York State occupancy tax adds an additional 5% for rentals under 30 days. Property owners must register with the New York State Department of Taxation and Finance at no cost, but are required to obtain a Certificate of Authority which costs approximately $20. Nassau County requires a business license costing around $100-150 annually. The Village of Freeport may impose additional local permit fees estimated at $200-300 per year for short-term rental operations. Property owners must also pay standard property taxes which average 2.8-3.2% of assessed value annually in Nassau County. Additional costs may include liability insurance requirements and potential homeowners association fees if applicable, though these vary by property location and type.

Is Airbnb a Good Investment in Freeport, New York?

Investing in Airbnb properties in Freeport, New York, presents a dynamic opportunity, largely influenced by its coastal appeal and proximity to New York City. The current market conditions show a steady demand for short-term rentals, particularly during peak seasons, driven by tourists seeking a getaway with access to beaches, boating, and a charming maritime atmosphere. Tourism trends indicate consistent interest in Freeport's nautical attractions, local eateries, and community events, which contributes to favorable occupancy rates. While property values in Freeport have seen consistent growth, making the initial investment noteworthy, the potential for solid rental income and capital appreciation remains strong. The investment potential is further enhanced by the area's ongoing development and its attractiveness as a summer destination.

How Much Does an Average Airbnb Earn in Freeport?

Based on available market data and rental analytics, Airbnb hosts in Freeport, New York typically earn between $1,200 to $3,500 per month, with average monthly revenues around $2,100 for a standard two-bedroom property. Seasonal variations show peak earnings during summer months (June through August) when revenues can increase by 40-60% due to proximity to beaches and Long Island attractions, while winter months typically see a 20-30% decrease in bookings and rates. Properties closer to the waterfront or with water views command premium rates of $150-250 per night compared to inland properties averaging $80-140 per night. Key factors affecting earnings include property size and amenities, with entire homes outperforming private rooms by approximately 65%, proximity to Freeport's Nautical Mile entertainment district, seasonal demand from New York City visitors seeking weekend getaways, and competition from approximately 200-300 active listings in the area. Occupancy rates typically range from 45-55% annually, with successful hosts achieving 60-70% occupancy through competitive pricing and strong guest reviews, while properties with pools, parking, or unique features can command 15-25% higher nightly rates than comparable standard accommodations.

Airbnb Return on Investment in Freeport

Airbnb investments in Freeport, New York typically generate ROI between 8-12% annually, with higher-end properties near the waterfront achieving up to 15% returns during peak summer months when demand from New York City visitors increases significantly. The average payback period ranges from 7-10 years, depending on initial investment and property type, with single-family homes near Cow Meadow Park and the Nautical Mile performing better than apartments further from attractions. Compared to traditional long-term rentals in Freeport, which average 6-8% ROI annually, short-term rentals can generate 30-40% higher returns but require substantially more active management and face seasonal fluctuations, with occupancy rates dropping to 40-50% during winter months versus 75-85% in summer. Properties within walking distance of the LIRR station command premium rates of $150-250 per night during peak season, while those requiring car access typically earn $100-180 nightly, making location the primary factor in determining investment success in this Nassau County market.

Average Airbnb Occupancy Rate in Freeport

Airbnb occupancy rates in Freeport, New York typically average around 65-70% annually, with significant seasonal variations that peak during summer months (June through August) at approximately 80-85% occupancy due to its proximity to beaches and summer attractions on Long Island. Spring and fall months generally see moderate occupancy rates of 60-65%, while winter months drop to around 45-50% as tourism declines. Peak season extends from Memorial Day through Labor Day, with July being the highest occupancy month, while January and February represent the lowest occupancy period. Compared to New York State's average Airbnb occupancy rate of approximately 60-65%, Freeport performs slightly better due to its coastal location and accessibility to New York City, though it falls below the national average of around 70-75% for short-term rentals. The village benefits from both leisure travelers seeking beach access and business travelers due to its transportation links, creating a more stable year-round demand compared to purely seasonal destinations, though it still experiences the typical Northeast seasonal tourism patterns with summer dominance.

Best Neighborhoods for Airbnb in Freeport

The best Airbnb investment neighborhoods in Freeport include **Downtown Freeport** near the Nautical Mile, which offers prime waterfront access to restaurants, boating, and fishing charters with strong pricing power due to tourist demand; **South Main Street area** provides affordable entry points with good rental yields from visitors to Jones Beach and nearby attractions; **Woodcleft Canal district** attracts boating enthusiasts and waterfront seekers willing to pay premium rates for canal-front properties; **East Freeport residential areas** offer family-friendly accommodations for longer stays from visitors to local beaches and parks with steady occupancy rates; **Baldwin Harbor border area** captures overflow demand from more expensive Nassau County markets while maintaining proximity to transportation and beaches; **Cow Meadow Park vicinity** appeals to families visiting the recreational facilities and offers competitive rates with good occupancy; and **Roosevelt Raceway area** benefits from proximity to shopping and dining while offering lower acquisition costs with potential for solid returns from both leisure and business travelers accessing nearby commercial districts.

Short-term Rental Regulations in Freeport

In Freeport, New York, short-term rentals are subject to local zoning regulations that generally restrict such operations in residential districts, requiring property owners to obtain special use permits or variances from the Village Board of Appeals before operating rentals for periods less than 30 days. The village typically limits occupancy to two persons per bedroom plus two additional guests, with a maximum of 10 occupants total, and requires that properties meet all building and fire safety codes including proper egress windows and smoke detectors. Owner-occupancy requirements vary by zoning district, with some areas mandating that the property owner reside on-site during rental periods, while others allow non-owner-occupied rentals with proper permits. The registration process involves submitting applications to the Building Department with site plans, proof of insurance, and payment of permit fees ranging from $200-500, along with annual renewal requirements. Zoning restrictions generally prohibit short-term rentals in single-family residential districts without special permits, while allowing them more readily in commercial and mixed-use zones. Recent regulatory changes have included stricter enforcement of existing codes, increased penalties for unpermitted operations up to $1,000 per violation, and enhanced neighbor notification requirements during the permit application process.

Short-term Rental Fees and Taxes in Freeport

Short-term rentals in Freeport, New York are subject to New York State sales tax of 8% plus Nassau County sales tax of 4.25%, totaling 12.25% on rental income. The New York State occupancy tax adds an additional 5% for rentals under 30 days. Property owners must register with the New York State Department of Taxation and Finance at no cost, but are required to obtain a Certificate of Authority which costs approximately $20. Nassau County requires a business license costing around $100-150 annually. The Village of Freeport may impose additional local permit fees estimated at $200-300 per year for short-term rental operations. Property owners must also pay standard property taxes which average 2.8-3.2% of assessed value annually in Nassau County. Additional costs may include liability insurance requirements and potential homeowners association fees if applicable, though these vary by property location and type.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Freeport, New York?

To start an Airbnb in Freeport, New York, begin by researching Nassau County's short-term rental regulations, which typically require registration and compliance with local zoning laws that may restrict rentals to certain residential areas and limit rental periods to minimum 30-day stays in some zones. Contact Freeport's Building Department at (516) 377-2300 to obtain necessary permits including a Certificate of Occupancy for short-term rentals, fire safety inspections, and potential business licenses, with fees ranging from $200-500 annually. Find a suitable property by searching residential areas near Freeport's waterfront or train station for accessibility to NYC, ensuring the property allows short-term rentals per HOA or lease agreements, with typical purchase prices ranging $400,000-800,000 or rental costs $2,500-4,000 monthly. Furnish the space with essential amenities including quality bedding, kitchen appliances, WiFi, smart TV, and safety equipment like smoke detectors and fire extinguishers, budgeting approximately $5,000-15,000 for complete furnishing. List your property on Airbnb and VRBO platforms with professional photography highlighting proximity to Jones Beach (10 minutes), Nautical Mile restaurants, and 45-minute train access to Manhattan via LIRR, setting competitive rates of $150-300 per night based on seasonal demand. Manage operations by implementing 24/7 guest communication, coordinating cleaning services between stays, maintaining property insurance coverage, collecting Nassau County's 13.25% combined sales and occupancy taxes, and ensuring compliance with noise ordinances and parking restrictions specific to Freeport's residential neighborhoods.

What's the best way to identify good STR properties in Freeport, New York?

To identify profitable short-term rental properties in Freeport, New York, focus on locations within walking distance of Nautical Mile waterfront district, near Jones Beach State Park access points, and properties with water views or proximity to marinas, as these areas attract tourists visiting Long Island's south shore attractions. Target 2-4 bedroom single-family homes or condos built after 1980 with modern amenities, parking spaces, outdoor areas like decks or patios, and updated kitchens and bathrooms, as families and groups visiting nearby beaches and fishing charters prefer these features. Analyze pricing by researching comparable Airbnb listings in Freeport, Baldwin, and Merrick, aiming for properties under $400,000 that can command $150-300 nightly rates during peak summer season (May-September) when beach tourism peaks. Research competition using AirDNA and Mashvisor to identify occupancy rates and revenue potential, noting that Freeport has moderate STR competition compared to Hampton markets, with opportunities near Cow Meadow Park and Roosevelt Raceway casino area. Utilize tools like Zillow, LoopNet for property searches, Nassau County property records for tax and zoning information, and consult with local real estate agents familiar with Freeport's tourism patterns, while ensuring compliance with Nassau County's short-term rental regulations which may require permits and have occupancy restrictions.

How to get an Airbnb permit in Freeport, New York?

To obtain an Airbnb/STR permit in Freeport, New York, you must first contact the Village of Freeport Building Department at 46 North Ocean Avenue to determine specific short-term rental regulations, as requirements were updated around 2019-2020. You'll need to submit an application for a Certificate of Occupancy or Special Use Permit, providing documents including property deed or lease agreement, certificate of insurance with minimum $1 million liability coverage, floor plans, fire safety inspection certificate, and proof of parking availability. Required fees typically range from $150-400 for the initial application plus $75-150 for inspections. The process involves submitting your application to the Building Department, scheduling a property inspection with the Fire Marshal, attending a Planning Board or Zoning Board hearing if required, and obtaining final approval from the Building Department. The timeline generally takes 60-90 days from application submission to permit approval. Freeport-specific requirements include maintaining owner occupancy if it's a multi-family dwelling, providing adequate off-street parking, ensuring compliance with residential zoning restrictions, limiting rental periods to minimum 7-day stays, and registering with Nassau County for tax collection purposes.

Is it legal to operate a short-term rental in Freeport, New York?

Short-term rentals (STRs) in Freeport, New York are generally prohibited under the village's zoning regulations, which restrict residential properties to long-term occupancy only. The Village of Freeport, located in Nassau County, has maintained strict zoning codes that do not permit transient accommodations in residential districts, effectively banning platforms like Airbnb and VRBO from operating legally within village limits. Properties zoned for commercial or mixed-use may have limited exceptions, but residential areas, which comprise the majority of Freeport, are off-limits to short-term rental operations. The village has not enacted specific STR legislation but relies on existing zoning enforcement to prevent such uses, with violations potentially resulting in fines and cease-and-desist orders. Unlike some neighboring Long Island communities that have created regulated STR frameworks, Freeport has maintained its restrictive stance, with no recent legal changes indicating a shift toward permitting short-term rentals, reflecting the village's preference for preserving residential neighborhood character and avoiding the potential impacts of transient occupancy on local housing stock and community stability.

What are the best places to invest in Airbnb in Freeport, New York?

The most promising Airbnb investment areas in Freeport, New York include the Nautical Mile waterfront district, which attracts tourists year-round with its restaurants, fishing charters, and marina activities, plus hosts the annual Nautical Mile Festival drawing thousands of visitors. The residential neighborhoods near Jones Beach State Park offer excellent potential due to proximity to one of Long Island's most popular beaches, attracting summer vacationers and weekend visitors from New York City. Areas near the Freeport Recreation Center and Baldwin Harbor provide good investment opportunities for business travelers visiting local companies like Cablevision headquarters and other Nassau County businesses. The historic downtown Freeport area around South Main Street appeals to visitors seeking authentic Long Island charm while remaining close to the LIRR station for easy NYC access. Properties near the Freeport Memorial Library and Cow Meadow Park attract families and longer-term stays, while waterfront areas along the Great South Bay command premium rates for their scenic views and boating access, particularly during peak summer months from Memorial Day through Labor Day.

Airbnb and lodging taxes in Freeport, New York

In Freeport, New York, Airbnb hosts are subject to New York State sales tax of 8% and Nassau County sales tax of 4.25%, totaling 12.25% on rental stays less than 30 days, which applies to the rental amount plus any cleaning fees or additional charges. Additionally, Nassau County imposes a hotel/motel occupancy tax of 3% on short-term rentals under 30 days. These taxes are typically collected by Airbnb directly from guests at the time of booking for most listings, with Airbnb remitting payments quarterly to the New York State Department of Taxation and Finance and Nassau County, though hosts should verify their specific arrangement and may need to register for tax collection permits if Airbnb is not collecting on their behalf. Stays of 30 days or longer are generally exempt from these occupancy taxes, and hosts must maintain detailed records of all bookings and tax collections, with any self-collected taxes due monthly or quarterly depending on volume, filed through the New York State online tax system and Nassau County's tax department.

Total cost to purchase, furnish and operate an Airbnb in Freeport, New York

To start an Airbnb in Freeport, New York, expect total costs around $650,000-$750,000. Property purchase represents the largest expense at approximately $550,000-$600,000 based on median home prices in Nassau County. Furnishing costs typically range $15,000-$25,000 for a complete 2-3 bedroom setup including furniture, appliances, linens, and décor. Initial setup costs including professional photography, listing creation, and basic renovations average $5,000-$8,000. Permits and fees in Nassau County include short-term rental permits ($500-$1,000), business licenses ($200-$500), and potential homeowner association approvals. Insurance costs run $2,000-$4,000 annually for short-term rental coverage beyond standard homeowner's insurance. Monthly utilities including electricity, gas, water, internet, and cable average $300-$500 monthly. First six months operating costs encompass utilities ($1,800-$3,000), cleaning services ($2,400-$3,600 assuming $40-60 per turnover), maintenance reserves ($1,000-$2,000), marketing ($500-$1,000), and platform fees to Airbnb averaging 3% of bookings. Additional considerations include property taxes ($8,000-$12,000 annually), potential property management fees (10-20% of revenue), and emergency repair funds ($2,000-$5,000).

Are Airbnb properties in Freeport, New York profitable?

Airbnb properties in Freeport, New York typically generate annual revenues between $15,000-$35,000 for entire homes and $8,000-$18,000 for private rooms, with occupancy rates averaging 45-65% during peak summer months due to proximity to beaches and Jones Beach State Park. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($75-$125 per turnover), property management (15-25% of revenue), utilities ($150-$300 monthly), insurance ($1,200-$2,400 annually), and maintenance costs. Net profit margins typically range from 15-35% for well-managed properties, with waterfront or beach-adjacent homes commanding premium rates of $150-$300 per night compared to inland properties at $80-$180 per night. Success factors include strategic pricing during summer beach season, professional photography showcasing proximity to attractions, maintaining high cleanliness standards, and offering amenities like beach equipment or parking. Properties within walking distance of Freeport's Nautical Mile restaurant district and charter fishing operations tend to outperform suburban locations by 20-30% in both occupancy and nightly rates, with some hosts reporting annual profits of $8,000-$15,000 after expenses on properties that maintain 4.5+ star ratings and respond quickly to guest inquiries.

What is the expected return on investment for an Airbnb in Freeport, New York?

Airbnb investments in Freeport, New York typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10%, depending on property type and location within the village. Properties near Freeport's waterfront areas and close to the Long Island Rail Road station tend to perform better, with investors seeing profitability within 18-24 months after initial setup costs. The market benefits from proximity to NYC (45-minute train ride), attracting business travelers and weekend visitors, with average daily rates of $120-180 for well-appointed properties. Seasonal variations show stronger performance during summer months due to boating and fishing tourism, with occupancy rates averaging 65-75% annually. Initial investment recovery typically occurs within 2-3 years, factoring in property acquisition, renovation costs, and operational expenses, while properties in prime locations near Cow Meadow Park and the Nautical Mile can achieve the higher end of ROI projections.

What company can help me find and buy a profitable Airbnb in Freeport, New York?

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Freeport, New York, offering comprehensive market analysis and property recommendations. Local real estate agents specializing in Airbnb investments in the Freeport area include Keller Williams Nassau County agents who focus on investment properties, Coldwell Banker residential specialists with vacation rental expertise, and RE/MAX agents experienced in the Long Island short-term rental market. National services like BiggerPockets connects investors with local experts, while AirDNA provides detailed market analytics for the Freeport area including occupancy rates and revenue projections. Mashvisor offers investment property analysis specifically for short-term rentals in Nassau County, and Awning provides end-to-end Airbnb investment services including property acquisition in the New York market. Local property management companies such as RedAwning and Vacasa also assist with identifying and managing profitable Airbnb properties in Freeport, while investment-focused brokerages like Roofstock and Arrived Homes occasionally feature Long Island properties suitable for short-term rental conversion.

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