11405 SPUR WHEEL LANE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Listed by Washington Fine Properties, LLC | $1,876,000 | |
| Listed by Washington Fine Properties, LLC | |||
| | |||
|
This custom Potomac residence offers 7,852 square feet of light-filled living space and a flowing open floor plan with soaring ceilings in the Mid-Century Modern style. A long driveway circular driveway through entry gates, leads to the impressive residence set on 2.12 acres of breathtakingly beautiful grounds backing to woodlands and a stream. A welcoming entry foyer opens to a sumptuous living room with fireplace which opens in turn to an elegant dining room. A large main level primary bedroom suite provides a sitting area, luxury bath and walk-in closet. The chef's kitchen at the heart of the residence offers quality cabinetry, granite countertops and stainless appliances. Adjoining the kitchen is a comfortable breakfast room with views of the grounds, and a lovely comfortable family room with fireplace. A solarium at the back of the home opens to several decks for outdoor relaxing and outdoor entertaining. Upstairs, two large bedrooms for guests and family share a full bath. A separate upper level provides a private guest or au pair suite. The fully finished walkout lower level has a large recreation room, home office, storage rooms and the 6th bedroom with its own bath. The current owners have invested heavily in updates during their 7-year ownership, opening walls on the main level, adding a new architectural quality roof, 3 new HVAC units, new electrical panel, granite countertops, new pantry, new skylights, closet customization, new appliances, new garage door and flooring, exterior drainage and staircases and brick work. Windows convey as is. The house is on public water and sewer, can accommodate a pool and tennis court, is minutes from Potomac Village and in boundaries of Potomac ES, Hoover MS and Churchill HS. Enjoy your visit.
| |||
| Mar 1, 2017 | Sold | ||
| Sold | |||
| Aug 25, 2016 | Listed by Coldwell Banker Realty - Washington | $989,900 | |
| Listed by Coldwell Banker Realty - Washington | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017