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Jericho 11753 Jericho
7 Chemung Place
Photo of 7 Chemung Place
Sold on Jun 16, 2025

48

Map

Photo of 7 Chemung Place
Photo of 7 Chemung Place
$2,250,000
● House - Off Market

7 Chemung Place

Oyster Bay, NY 11753
bedrooms
5 Beds
bathrooms
4 Baths
$11,785
Est. Monthly

About This Property

**Stunning New Construction in Jericho - Your Dream Home Awaits!**  Welcome to this exquisite 5-bedroom, 4-bathroom residence, situated in the Jericho School District. This brand-new home boasts modern elegance and exceptional energy efficiency with energy star features.   Step inside to discover an open-concept layout adorned with gleaming hardwood floors that flow throughout the main living areas. The spacious living room seamlessly connects to a gourmet kitchen- perfect for entertaining.  Retreat to the luxurious primary suite, featuring a spa-like ensuite bathroom and ample closet space. Four additional well-appointed bedrooms provide comfort and versatility. Each bathroom is beautifully designed with modern fixtures and stylish finishes. Set on a generous lot, the outdoor space offers plenty of room for play, gardening, or future landscaping projects.  Don't miss this incredible opportunity to own a stunning new construction home in Jericho, where quality meets convenience. Make this dream home yours!, Additional information: Appearance:New,Interior Features:Guest Quarters,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
251 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

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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: 2 years ago (OneKey MLS #KEYL3582885)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Premium
Sold
Apr 18, 2025 In contract -
In contract
Mar 20, 2025 Price Decreased $2,399,999
↓ $88K (3.5%)
Price Decreased
Oct 2, 2024 Listed by Douglas Elliman Real Estate $2,488,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 52
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,699
  • Building Area: 1,699
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,699
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2100
  • Legal Description 1: TOWN #3 SCH DIST 015

Neighborhood

  • School District Name: Jericho Union Free School District
  • School Tax School District: 015
  • Census Tract: 518501

Geography

  • District: 282489
  • Section: 11
  • Parcel: 11-471-00-0018
  • Block: 471
  • Lot: 18
  • Municipality: OYSTER BAY UNINCORPORATED
  • Latitude: 40.781
  • Longitude: -73.5481

    Address

  • Full Address: 7 Chemung Pl
  • Address - House Number: 7
  • Address - Street Name: Chemung
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Jericho
  • Carrier Code: C019
  • 4-Digit Zip Code: 1501
  • Zip Code: 11753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,815,304
  • Tax Rate Code Area: 542

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 79
  • Final Value: 1,065,494
  • High Value: 1,237,434
  • Low Value: 893,554

    Market Valuation

  • Market Total Value: $768,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768
  • Assessed Land Value: $419
  • Assessed Improvements Value: $349

    Exemptions

  • Homeowner Exemption: Yes
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 Jericho

Stats & Trends

Median Asking:

$1,298,888

Sale Price/ft²

$594

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2748 ft²

Average Home Age

53 years

Currently For Sale

43 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

Unit for rent at 207 Maytime Drive, Jericho, NY, 11753

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,936 ft²
207 Maytime Drive, Jericho, NY, 11753 Listing by Cheryl M. Ackerman CBR
Unit for rent at 47 Orange Dr, Jericho, NY, 11753

$7,400 /mo

  • 5 Beds
  • 3 Baths
  • 3,022 ft²
47 Orange Dr, Jericho, NY, 11753 Listing by Shehla N. Tripathi

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Chemung Place built and last sold?
The property at 7 Chemung Place was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Chemung Place is $0.
What are some comparable homes to 7 Chemung Place?
There are currently no comparable homes to 7 Chemung Place.
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