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118-18 197th St

Jamaica, NY 11412

6 bd 3 ba 2,125 sqft Built 1930 Lot 3,810 sqft multi_family
Most recent sale
$916,425
Jan 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 11, 2023 Sold $916,425 Public Record
Dec 30, 2022 Sold $900,000 OneKeyMLS
Nov 1, 2022 Listing removed OneKeyMLS
Oct 6, 2022 Listed $849,900 OneKeyMLS
Dec 15, 2020 Listing removed $524,900 OneKeyMLS
Apr 17, 2019 Listed $524,900 OneKeyMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,540 $13,020 $52,560 $6,575
2024 $39,540 $13,020 $52,560 $6,356
2023 $32,220 $13,020 $45,240 $6,064
2022 $27,840 $13,020 $40,860 $4,381
2021 $27,900 $13,020 $40,920 $6,158
2020 $24,840 $13,020 $37,860 $5,917
2019 $25,740 $13,020 $38,760 $5,517
2018 $13,634 $11,249 $24,883 $5,205
2017 $12,755 $11,629 $24,384 $4,970
2016 $14,494 $9,890 $24,384 $4,875
2015 $12,784 $10,512 $23,296 $4,555
2014 $11,888 $10,091 $21,979 $4,211
2013 $11,450 $9,286 $20,736 $3,680
2011 $10,767 $9,553 $20,320 $3,226
2010 $9,219 $11,101 $20,320 $3,040
2009 $7,902 $11,512 $19,414 $2,894
2007 $14,311 $2,623 $16,934 $2,414

Property facts

Year built
1930
Property type
multi_family
Stories
3
Beds
6
Baths
3
Living area
2,125 sqft
Lot size
3,810 sqft
ZIP code
11412
City
Jamaica
Street
197th St
Coordinates
40.69204, -73.75466

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,225
Gross rental yield
9.46%
Implied cap rate
6.15%
Trend-extrapolated value

Frequently asked questions

When did 118-18 197th St last sell?
118-18 197th St most recently sold on Jan 11, 2023 for $916,425.
What is the current tax assessment for 118-18 197th St?
The most recent total assessment for 118-18 197th St (year 2025) is $52,560 with $6,575 in property tax.
How does 118-18 197th St's assessment compare to its last sale price?
The current assessment is 94.3% below the last sale price of $916,425.
When was 118-18 197th St built?
118-18 197th St was built in 1930.
How does 118-18 197th St compare to others on 197th St?
We track 4 other properties on 197th St. Browse the list under "Other properties on 197th St" to compare beds, baths, and sale history.
What are the property facts for 118-18 197th St?
118-18 197th St is a 6 bed, 3 bath, 2,125 sqft, 3,810 sqft lot multi_family.
Is 118-18 197th St a flip candidate?
No — 118-18 197th St does not appear in our flips dataset.
Is 118-18 197th St a tax-appeal candidate?
No — 118-18 197th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.8%
2026 Q2
$845.5K
2026 Q3
$863.4K
ZIP 11412 — Median Price History + Forecast

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