11
Map
218 Jericho
About This Property
Listed By
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 11, 2026 | Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | $1,400,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro | |||
| Sep 20, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Listed by Badger Peabody & Smith Realty | $1,400,000 | |
| Listed by Badger Peabody & Smith Realty | |||
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Great Development Opportunity!!! This 7.85 +/- Ac parcel is located on highly traveled NH Route 110 in Berlin, NH. The site was formerly a Bass Shoe factory and retail outlet. The factory building has been removed leaving the concrete slab in place and ready for the next use. There are two remaining buildings...one is the 1,800+/- SF retail outlet and the other is the 8,600+/- SF warehouse/distribution facility with an OHD. The site has been through the NHDES process with the appropriate documents available for review. No further monitoring is required on site. The parcel is in the Jericho Gateway Zone the purpose of which is to provide an area in the City that focuses on the recreational opportunities of the City of Berlin and natural environment that offers many opportunities. The zone was created to focus on recreation, residential and compatible retail opportunities that will make this area a destination for many. With city water/sewer, 3-phase power and the site's proximity to the expansive Jericho Mountain State Park (1.5 miles) this is truly a unique opportunity for the savvy developer/investor. The city's zoning regulations for this zone are included here and outlines the allowable uses by right and by special exception.
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| Apr 9, 2018 | Sold | ||
| Sold | |||
| Nov 18, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017