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5381 College Drive
About This Property
If you've been looking for a home with plenty of space, a great layout, and a location right in Graceville, 5381 College Drive is worth a look. This 3-bedroom, 2.5-bath brick home offers approximately 2,266 square feet with several different living and gathering spaces, giving you room to spread out without losing that comfortable, homey feel.
Inside, you'll find a formal living room and dining room, along with a separate den featuring a gas fireplace. The kitchen has custom cabinetry, granite countertops, stainless steel appliances, a large island, and an eat-in breakfast area that works perfectly for everyday meals. Just off the garage are two additional climate-controlled rooms that can easily be used for storage, hobbies, a home office, craft room, or whatever fits your needs.
The primary suite features a double vanity, separate shower, and an accessible soaking tub. Outside, the large covered front porch gives the home classic Southern charm, while the fenced backyard offers a pergola and sitting area with plenty of room to enjoy the outdoors. There is also an RV hookup with electric, adding even more convenience for RV owners, guests, or extra recreational use. You'll also appreciate the concrete circular driveway, attached two-car garage, and additional storage shed.
The roof was replaced approximately six years ago, and the home is connected to public water and sewer. With its brick exterior, spacious floor plan, established yard, RV hookup, and convenient Graceville location, this home offers a lot of flexibility both inside and out. Schedule a showing and come see everything 5381 College Drive has to offer.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$329,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Aug 26, 2026 | Listed by Tri State Stellar Realty LLC | $335,000 | |
| Listed by Tri State Stellar Realty LLC | |||
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| Jul 23, 2022 | Price Decreased |
$364,900
↓ $10K
(2.7%) | |
| Price Decreased | |||
| May 23, 2022 | Listed by Elite Realty | $374,900 | |
| Listed by Elite Realty | |||
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Beautiful, executive brick home in the city limits of Graceville. This three-bedroom, two-bath home has been well maintained and features a foyer, den, formal dining, eat-in breakfast nook, kitchen, formal living room, and two acclimated rooms off of the garage currently used for storage and craft room. The den features a cozy gas fireplace. The kitchen features custom cabinetry, granite countertops, stainless appliances, and a large island. The master bathroom features a double vanity, separate shower, and a handicap accessible tub. It has a large covered front porch, sitting area in the backyard, fenced backyard, concrete circular driveway, attached garage, and storage shed. Roof was replaced in 2020. The manager has listed the unit size as 2427 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017