11640 PINEY SPRING LANE
About This Property
The light-filled main level features a two-story family room and spacious kitchen with two dishwashers, opening to a morning room, breakfast area, and large rear deck overlooking the private setting. Formal living and dining rooms provide additional entertaining space. The recently added main-level primary suite with full bath, combined with a stepless rear entrance, offers excellent flexibility for multi-generational living, guests, or a private home office. A backup generator adds convenience and peace of mind.
Upstairs are four spacious bedrooms and three full baths, including a second primary suite with a private sitting room. The expansive finished lower level includes a large recreation room, office, and additional flexible space for a theater, gym, studio, or other uses.
All of this in a peaceful two-acre setting convenient to Potomac Village, Cabin John, Trader Joe's, Westfield Montgomery, Great Falls Park, the C&O Canal, golf, parks, shopping, and dining.
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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%.
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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 24, 2026 | Price Decreased |
$1,799,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$1,899,000
↓ $100K
(5%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Compass | $1,999,000 | |
| Listed by Compass | |||
| Mar 2, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017