11709 MILBERN DRIVE
About This Property
A fabulous addition with cathedral ceilings, storage closets, and an abundance of natural light provides endless possibilities as an additional Recreation Room, office, or playroom. Main level also includes a Powder Room and Laundry Room with washer/dryer, utility sink, and extra storage. Upper level features a spacious Primary Suite with dressing area and vanity, walk-in closet, and additional closet space. The remodeled Primary Bath offers a walk-in shower with glass enclosure, dual shower heads, and skylight. Three additional generously sized bedrooms and a beautifully remodeled hall bath complete the upper level. Hall bath features a large vanity, ceramic tile flooring, jetted shower/tub combination, and linen closet. The unfinished lower level provides tremendous storage space or the opportunity to customize to your liking. Recent upgrades include a hot water heater (2025) and HVAC system (2017). Ideally located in the highly regarded school cluster of Beverly Farms ES, Hoover MS, and Churchill HS. Fantastic commuter location with easy access to Bethesda, Washington, DC, and Northern Virginia.
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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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by RLAH @properties | $988,000 | |
| 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