5197 COLEBROOK DRIVE
About This Property
The main level is designed for effortless flow - perfect for mornings that start slow, evenings that wind down comfortably, and everything in between. Bedrooms and bathrooms are thoughtfully placed to support a lifestyle where living, resting, and gathering all happen on one level.
Downstairs, the full basement opens the door to endless possibilities. Whether you envision extra living space, a home gym, hobby area, or generous storage, this level provides the flexibility to adapt as life evolves.
Situated on a flat, open corner lot, the yard offers space to enjoy outdoor time without the upkeep of steep grades - ideal for relaxing, entertaining, or simply enjoying a bit of fresh air. A carport adds everyday convenience and protection from the elements.
All of this is just minutes from La Plata's shopping, dining, parks, schools, and local amenities, making errands quick and weekends easy.
If you're looking for a home that supports a simpler, more comfortable lifestyle with room to grow and space to breathe this one delivers.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017