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East Hampton 11937
26 Jericho Road
Photo of 26 Jericho Road

1

Map

$16,995,000
● Land - In Contract

26 Jericho Road

East Hampton, NY 11937
bedrooms
Studio
bathrooms
0 Bath
$84,897
Est. Monthly
0.04%
Cap Rate

About This Property

Whether you're a builder in search of an exciting project, or if you're simply looking for the ideal location to construct your Hamptons dream home, this property is the perfect choice. These 7 acres offer the potential for 3 lots and are located in a serene South of the Highway setting, close proximity to beautiful ocean beaches, as well as the shops and restaurants in the Village of East Hampton. The potential here is endless- don't let this incredible opportunity pass you by!
Unit Size
-
Days on Market
-
Land Size
7.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,448
HOA Dues
-
Year Built
-

Listed By

Justin Agnello
Justin Agnello
[email protected]
Douglas Elliman Real Estate
Hara Kang
Hara Kang
[email protected]
Douglas Elliman Real Estate

Payment Calculator

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Cap Rate Calculator

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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: 6 months ago (OneKey MLS #KEYL3549161)

Price History

Date / Event Date Event Price
May 3, 2024 Listed by Douglas Elliman Real Estate $16,995,000
Listed by Douglas Elliman Real Estate
Nov 29, 2017 Sold
Premium
Sold

Property Highlights

Exterior Details
Lot Features: Wooded
Lot Size Area: 305356
Lot Size Units: Square Feet
Lot Size Acres: 7.01
Lot Size Square Feet: 305356
Lot Size Dimensions: 7.01
Tax Lot: 13
Water Source: Well
Financial Details
Tax Annual Amount: $17,380
Utilities Details
Sewer : None

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 305,356
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007010
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Hampton Union Free School District
  • School Tax School District: EAST HAMPTON
  • Census Tract: 200901

Geography

  • District: 0301-0
  • Section: 12.00
  • Parcel: 0301-012.00-02.00-013.000
  • Block: 2
  • Lot: 13.000
  • Municipality: EAST HAMPTON
  • Latitude: 40.949
  • Longitude: -72.2154

    Address

  • Full Address: 26 Jericho Ln
  • Address - House Number: 26
  • Address - Street Name: Jericho
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: East Hampton
  • Carrier Code: R777
  • 4-Digit Zip Code: 8451
  • Zip Code: 11937

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472401

    Appraisal Valuation

  • Standard Deviation: 0.2696
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,602,007
  • High Value: 2,033,954
  • Low Value: 1,170,060

    Market Valuation

  • Market Total Value: $49,189
  • Market Land Value: $20,270
  • Market Improvement Value: $28,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,200
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $10,700

    Sales

  • Current Sale Contract Date: Oct 06, 2017
  • Current Sale Recording Date: Nov 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0017-0211174
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 East Hampton

Stats & Trends

Median Asking:

$4,995,000

Sale Price/ft²

$1,641

Above Asking

0.00%

Average Days on Market

119

Average Home Size

4211 ft²

Average Home Age

50.7 years

Currently For Sale

11 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 26 Jericho Road built and last sold?
The property at 26 Jericho Road was built in and last sold on Oct 6, 2017 for $100,000.
How much is this home worth?
The estimated value of the home located at 26 Jericho Road is $17,164,950.
What are some comparable homes to 26 Jericho Road?
There are currently no comparable homes to 26 Jericho Road.
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