5003 Coach Lane
About This Property
and lush tropical setting with coconut, Bismarck, and royal palms. The Coachhouse is Approx. 308 sq. ft., built in 2019 and finished with impact Slider that opens directly to the oversized patio for seamless indoor-outdoor living. The interior layout is an open living area with natural light, full bathroom with standalone shower, a kitchen with granite countertops and stainless appliances, and finished with a loft.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Listed by Motorcoach Resort Realty, Inc | $499,000 | |
| Listed by Motorcoach Resort Realty, Inc | |||
| Jul 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 5, 2024 | Listed by Motorcoach Resort Realty, Inc | $499,900 | |
| Listed by Motorcoach Resort Realty, Inc | |||
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Off-lake site located on the East side of Pelican Lake Motorcoach Resort in the quiet cul-de-sac on Coach Lane. This property is very private expanding approximately 4792 square feet with a western exposure and an enticing extended patio to the north of the coach creating shade most of the day. The site has many upgrades including: a custom built 308 square foot coach house. The landscaping surrounding this property is exquisite and finished with night lighting.
This custom built 308 square foot coach house was built in 2019. The floor plan includes a full kitchen with stainless appliances (refrigerator, oven, microwave), black granite countertops, neutral cabinetry, full bathroom with stand-alone shower, spacious living area with tv, and a loft are with library ladder & railing. The sliders on the coach house open to the large patio area. This area is prepared for the addition of a newly approved screen room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017