11816 PRESTWICK ROAD
About This Property
Located in the Churchill School district which includes Beverly Farms Elementary and Hoover Middle School, this light-filled colonial home has been immaculately maintained by the original owner.
Sited on a professionally landscaped lot and offering a great floor plan, this home awaits your personal touches.
Generously sized rooms include a formal living room and dining room. The family room with a fireplace, and additional dining space opens to a most delightful screened porch which overlooks a beautiful, serene back yard. The kitchen offers ample counter and cabinet space. The primary bedroom includes a sitting area and an ensuite bathroom. Three additional bedrooms and a full bathroom in the hall complete the second level.
The fine millwork includes hardwood floors, crown molding and chair railings. A second family room is located in the walk-out basement and the abundance of unfinished space in the lower level offers expanded living potential.
The air conditioner compressor, water heater, and chimney liner were replaced just now (May 2025.)
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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 8, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$900,000
↓ $25K
(2.7%) | |
| Price Decreased | |||
| Jul 3, 2025 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Jun 20, 2025 | Relisted | $950,000 | |
| Relisted | |||
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017