11842 ENID DRIVE
About This Property
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 12, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by The Agency DC | $1,089,000 | |
| Listed by The Agency DC | |||
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Welcome to 11842 Enid Dr - This stunning property is nestled in the highly sought-after Regency Estates neighborhood, offering the perfect blend of comfort, convenience, and style. This brick exterior residence boasts gleaming hardwood floors and a flexible floor plan designed for entertaining. Flooded with natural sunlight, the home features a refinished deck, perfect for outdoor gatherings. On the main level, a large bay window and eat-in area provide the perfect spot for morning breakfasts, while the kitchen, equipped with stainless steel appliances, seamlessly opens to the formal dining room. Recessed lighting illuminates the living room area, adorned with built-in shelving and a bay window overlooking the spacious backyard oasis. Upstairs, retreat to the primary suite boasting a custom-built closet and a recently renovated bathroom featuring a rain shower and modern tiling. Two additional bedrooms and another full bathroom complete the upper level. The lower level offers a large recreational room with a wood-burning stove, providing versatility for various activities. Ample entertaining space awaits, along with an oversized pantry, storage space, a second fridge, and a washer/dryer room with plenty of storage. Outside, the large fenced backyard offers privacy and includes a shed for additional storage. Additional amenities include a generator for the whole house, a Tesla charger, and a commercial-grade water filtration system. Recent updates include a newer HVAC system (2018) and water heater (2018). Situated close to Cabin John Village, Montgomery Mall, and an array of shopping and dining options, this home presents an ideal location for modern living. Commuters will appreciate the easy access to I-495, I-270, and the Grosvenor-Strathmore Metro Station, while families will enjoy the proximity to top-rated schools. Don't miss the opportunity to make this exceptional property your new home!
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| Jan 8, 2019 | Sold | ||
| Sold | |||
| Nov 2, 2018 | Listed by RE/MAX Realty Services | $700,000 | |
| Listed by RE/MAX Realty Services | |||
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About Potomac
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017