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16616 116th Ave, Jamaica, NY 11434
Property Overview
Active Listing
1 / 2
2 listing photos · Tap Enlarge for full-size view
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Specs
3
Beds
2.5
Baths
Interior Living Space (Sq Ft)
1756 sq ft
Lot Size (Sq Ft)
3,049 sq ft
Year Built
1925
Price/Sq Ft (Living Area)
387$
Price/Sq Ft (Lot Size)
223$
Lifestyle
Walk Score
0
Transit Score
0
Neighborhood Vibe
A calculation based on nearby amenity density.
Taxes
%
Latest Check
Tax Year
Annual Tax
N/A
Assessed Value
N/A
Safety & Hazards
A
Safety Rating
Based on Crime & Hazards
Crime Rate Index
Very Low
0/100
Flood Risk
Zone X
Hurricane Ida caused significant flooding in Jamaica, Queens in September 2021, with some areas experiencing water levels of 5-6 feet.
Zumintel Report
EVALUATED FOR: LONG-TERM RENTAL
16616 116th Ave, Jamaica, NY 11434
Single Family•May 13, 2026
36/100
Rental Score
Executive Summary
Verdict Locked
Based on current list price and market conditions.
Est. Price
$679,900
Square Feet
1,756
Year Built
1925
Configuration
3bd / 2.5ba
Market Context
- Pricing PositionPriced competitively within the neighborhood.
- Liquidity RiskStable market, with increased days on market.
- NeighborhoodLocated on a quiet, tree-lined residential block in South Jamaica.
- Local MarketMedian Neighborhood Price: $777,000 (+9.8% YoY)Market Velocity: Stable • Inventory: Balanced • Avg DOM: 53 days
- Investment PotentialEstimated Rent: $3,630/moCap Rate: 4.16% • 5-Year Growth: +59.6%
Location & Commute
- Very walkable location with a Walk Score of 74/100.
- Excellent transit options with a Transit Score of 75/100.
- Proximity to major transportation routes provides convenient access to New York City.
Payment Calculator
$
$
Assumptions & Methodology
- •STR Data: Nightly yields mapped from regional AVM adjusted comps using a conservative median occupancy baseline. Verified via AI context.
- •Cap Rate: Derived mathematically (Market Adjusted Gross Yield minus standard expense, maintenance, and vacancy ratios).
- •Standard Math: Standard principle and interest amortized over 30-year fixed rates. Taxes and insurance are estimations.
Estimated Monthly Payment
$5,335
Principal & Interest
$3,438Operating Expenses/mo
$1,897Long-Term Rental Impact
Estimated Payment$5,335
-Projected Rental Income-$3,630
Net Payment Out-of-Pocket$1,705/mo
The conventional US estimated payment calculation is for informational purposes only. Users are free to make their financial decisions based on their personal economic, ethical and religious belief systems.
Financial Performance
Based on 6.5% rate · 20% down · 30-yr fixedInvestment Analysis Locked
Detailed Cash Flow, Cap Rate, and ROI projections are available for Builder+ plans or by using Top-Up Credits.
Upgrade to Unlock Investment DataComparative Market Analysis
Validate the asking price against recent comparable sales in the area. Includes similarity scoring, price adjustments, and exclusion reasoning.
Strategic Assessment
Key Advantages
- •R3A zoning, typical of modest single- and two-family homes.
- •Located on a quiet, tree-lined residential block.
- •Proximity to major transportation routes providing convenient access to New York City.
Considerations
- •Property condition is reported as fair.
- •Average days on market increased from last year.
- •No cooling system.
Due Diligence
- •Verify property condition and potential repair costs.
- •Check for any unlisted violations or permits with the local municipality.
10-Year Wealth Outlook
10-Year Wealth Outlook · Pro+
Upgrade to Pro to see how this property builds (or erodes) wealth and why.
Verdict Locked
Analyst Verdict
Based on current list price and market conditions.
STRONG BUY
Use-Case Alignment
living
Medium Match
Short-Term
Low Match
Living+STR
Low Match
rental
Medium Match
House Hack
Low Match
flip
Low Match
Disclaimer: This report is for informational purposes only and does not constitute financial or real estate advice. Zumintel is not liable for any inaccuracies or the condition of the property. Users should conduct their own due diligence.
Definitions & Methodology
Cap Rate (Capitalization Rate)Net Operating Income (NOI) divided by the property asset value. It indicates the potential rate of return on the real estate investment.
Investment ScoreA proprietary composite score (0-100):
- 80-100: Excellent (Strong Cashflow & Potential)
- 60-79: Good (Stable, Moderate Returns)
- 40-59: Fair (Value Add Required)
- <40: Risky (Negative Cashflow/High Risk)
Walk ScoreA measure of walkability based on the distance to nearby amenities. 90-100 is a "Walker's Paradise".
Transit ScoreEstimates how well a location is served by public transport. Calculated based on distance to nearest stops and frequency.
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