11706 MILBERN DRIVE
About This Property
Discover the true meaning of "Location, Location, Location" with this perfectly situated home in Potomac's highly coveted Regency Estates. This well-maintained home offers a rare and exciting opportunity for creative buyers to infuse their personal style and truly make it their own. Step inside to find gleaming hardwood floors throughout the main level, leading you to the heart of the home: an updated kitchen featuring ceramic tiles, soft-close wood cabinets, and solid-surface countertops – a dream for every cook eager to get their creativity flowing.
Entertain with ease in the formal dining room, or flow into the adjoining sitting room, a versatile space perfect for a home office, library, or media room for those big game nights. Continue back to gather in the inviting family room, boasting cathedral ceilings, a cozy wood-burning fireplace, and a convenient wet bar – ideal for lively gatherings. The sliding glass doors enable the entertainment to seamlessly continue to the expansive backyard.
Adjoining the entry foyer and offering another comfortable living area set on its own level is a spacious living room, bathed in natural light from sunny bay windows.
Upstairs, you'll find three generously sized bedrooms and a full hall bath, along with a private primary suite complete with an updated en suite bath and two walk-in closets, providing a serene retreat at the end of the day.
Outside, a two-car driveway provides ample parking, complemented by mature landscaping. The expansive back patio offers endless possibilities for outdoor enjoyment, whether you envision vibrant gardens, a lively play area, or a tranquil oasis for relaxation.
Enjoy unparalleled convenience with easy access to I-270 and I-495, and just a short drive to popular destinations like Park Potomac, Cabin John Village, Westfield Montgomery Mall, and Potomac Village, along with countless parks and trails. This true 4-bedroom Colonial offers an incredible value in a sought-after neighborhood!
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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%.
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Price Decreased |
$899,000
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Jun 28, 2025 | Listed by RLAH @properties | $929,000 | |
| Listed by RLAH @properties | |||
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017