Custom Single-Family
For Sale
$240,000
2916 ENGLISH COLONY Drive, Laplace, LA 70068
Residential, Farm, La Place, LA
Property Size1,622 SF
Price / SF$147.97
Days on Market367
Property Features for 2916 ENGLISH COLONY Drive
General Information
Property type
Residential
Property subtype
Farm
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Appliances
Disposal, Dishwasher, Microwave, Range
Subdivision
Cambridge
Lot features
Regular
Standard status
Active
APN
0450141800
Size
1,622 SF
Taxes and HOA fees
Tax Description
Lot 17 Sq 29 English Colony Dr
Legal 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
(504) 957-7506
Added: Oct 28, 2025
Changed: Oct 27
Last Checked: Oct 29 at 8:06AM
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.
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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
Estimated NOI and Cap Rate
NOI / Yr
$16,640
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,800
$332.8K
Cap Rate 7%
$237,714
$237.7K
Cap Rate 9%
$184,889
$184.9K
Market Conditions
NOI Build-Up for 1,622 SF
Gross rent
$33.3K $20.52/SF
− Vacancy
−$3.0K −$1.87/SF
EGI
$30.3K $18.65/SF
− OpEx
−$13.6K −$8.39/SF
NOI
$16.6K $10.26/SF
Area
St. John the Baptist County, LA
Vacancy
9.10%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,800
Cap Rate 7%
$237,714
Cap Rate 9%
$184,889
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.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 70068, LA
33,213
Population
13,379
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
49.3 sq mi
ZIP Area
674
Density / Sq Mi
$69,334
Median Household Income
$39,585
Median Earnings
$1,117
Median Rent
$191,400
Median Home Value
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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
