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12516 DAVAN DRIVE
About This Property
Step inside to soaring ceilings, massive windows, and sun-drenched rooms on the main level. The living and dining rooms offer an elegant space for entertaining, while a flexible main-level room serves perfectly as a home office or guest bedroom. The kitchen features a lovely breakfast area with skylights that pour in natural light throughout the day.
The expansive family room - anchored by a classic brick fireplace - opens seamlessly into a stunning sunroom addition with skylights and Pella sliding doors, framing panoramic views of the lush backyard. Upstairs, four generously sized bedrooms and two full baths include a spacious primary suite with a sitting area and triple bay windows overlooking the serene landscape.
Recent updates add real peace of mind: fresh paint and new ceiling fans (2026), a fully renovated primary bathroom with new shower, vanity, and tile (2026), new lower-level flooring (2024), a renovated main-level half-bath (2024), new privacy fence (2023), and a freshly power-washed exterior (2026). The lower level offers a recreation room, workshop, and ample storage - ready for hobbies or future finishing.
Completing the picture: a two-car garage, plenty of off-street parking, and a one-of-a-kind natural backdrop that makes this home truly special. This property won't be on the market for long - schedule your tour today!
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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.
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.
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About Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017