314 LAFAYETTE STREET
About This Property
Just one block from Monroe Bay and three blocks from the Potomac River, this charming 2-bedroom, 1-bath cottage captures the laid-back lifestyle Colonial Beach is known for.
A welcoming wraparound porch offers the perfect spot to relax with coffee or evening breezes, while a covered back deck extends your outdoor living space. Inside, you'll find hardwood floors, spacious living areas with an arched opening between the living room and kitchen, and two generously sized bedrooms.
Set on a large, flat lot, this property is designed for outdoor enjoyment with a firepit area, storage shed, and plenty of space for entertaining, gardening, or simply unwinding. Recent updates include a new roof and gutters for peace of mind.
📍 Highlights:
2 Bedrooms | 1 Bath
Prime Point location - 1 block to Monroe Bay, 3 blocks to the Potomac
Wraparound porch & covered back deck
Hardwood floors & arched opening between living and kitchen
Large flat lot with firepit area & storage shed
New roof & gutters
Whether you're looking for a full-time home, a weekend retreat, or an investment property, this cottage offers timeless charm and a location that's hard to beat.
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017