16 Jericho Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Realty One Group Nest | $549,900 | |
| Listed by Realty One Group Nest | |||
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Bring your vision and make this home shine again! With great bones and plenty of potential, this contemporary-style property offers an open-concept layout on 1.9 wooded acres in a well-established neighborhood near Route 125, shopping, and restaurants. The light-filled living room features skylights, a striking brick fireplace with wood-stove insert, and a loft above for extra versatility. Three bedrooms and 1.5 baths provide comfortable space, while multi-level decks overlook the private wooded setting. A two-car garage opens directly into a finished lower level, adding flexible living or workspace. The house is set back from the street, offering excellent privacy. A fantastic opportunity to update and create your dream home. May not qualify for FHA or VA financing.
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| May 14, 2004 | Sold | ||
| Sold | |||
| Feb 10, 2004 | Listed by Coldwell Banker Residential Brokerage - Newburyport | $324,900 | |
| Listed by Coldwell Banker Residential Brokerage - Newburyport | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017