Custom Single-Family
2916 ENGLISH COLONY Drive Laplace, LA 70068
For Sale
$240,000
SINGLE_FAMILY - La Place, LA
Property Size1,622 SF
Price / SF$147.97
Days on Market273
Property Features for 2916 ENGLISH COLONY Drive
General Information
Property type
Residential
Property subtype
Farm
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Appliances
Disposal, Dishwasher, Microwave, Range
Standard status
Active
APN
0450141800
Size
1,622 SF
Taxes and HOA fees
Tax Description
Lot 17 Sq 29 English Colony Dr
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Joann Jolly · License #000031554
(985) 727-7000
Added: Oct 28, 2025
Changed: Jul 16
Last Checked: Jul 27 at 3:06PM
MLS# 2526355
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This custom new construction home is planned as a 3-bedroom, 2-bath residence. The build is described as still underway enough to allow the buyer to select features, including wall and cabinet colors, to tailor the interior finishes.
The property is located at 2916 English Colony Drive in La Place, within St. John Parish, Louisiana (ZIP 70068).
The stated size is 1,622 square feet.
The property is located at 2916 English Colony Drive in La Place, within St. John Parish, Louisiana (ZIP 70068).
The stated size is 1,622 square feet.
Key Highlights
- Custom new construction home to be built with 3 bedrooms and 2 bathrooms
- Year built: 2025
- Central heating and central air conditioning
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $20.52 |
| − Vacancy | −$3.0k | −$1.87 |
| EGI | $30.3k | $18.65 |
| − OpEx | −$13.6k | −$8.39 |
| NOI | $16.6k | $10.26 |
1,622 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$237.7K
$208.0K – $277.3K
NOI $16,640 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$427.9K
$374.4K – $499.3K
NOI $29,955 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Custom new construction offering a 3-bedroom, 2-bath layout with options for finishes.
Where is this single family property located?
The property is located at 2916 ENGLISH COLONY Drive Laplace, LA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Custom new construction home to be built with 3 bedrooms and 2 bathrooms; Year built: 2025; Central heating and central air conditioning
