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11909 CORONADA PLACE
About This Property
The updated kitchen shines with new quartz countertops, a new deep stainless-steel sink and disposal, and bright recessed lighting. Gas cooking! Plenty of cabinets! A newly carpeted stairwell leads to a spacious, fully finished basement with durable LVP flooring throughout. The large family room provides flexible space for a recreation area, billiards room, or media center, while two bonus rooms are ideal for hobbies, exercise, or extra storage. A centrally located office makes working from home or homeschooling both comfortable and convenient.
The utility room includes a washer and gas dryer, along with an electrical outlet for a future electric dryer if desired. Major systems have been thoughtfully updated, including a new HVAC system and hot water heater installed in July 2025, and a new electric panel with whole-house surge protection added in January 2024. The chest freezer conveys with the property. A concrete staircase provides access from the lower level to the back yard.
Outside, the concrete driveway provides off-street parking for one car, with additional street parking available. The CertainTeed 25-year XT fiberglass shingle roof, installed in 2006, is in good condition and is estimated to have four to six years of remaining life based on a recent professional inspection.
The location truly completes the package. The home backs up to the Kenmont Swim & Tennis Club on Faulkner Place and is adjacent to Westfield Wheaton Plaza and close to the Wheaton Metro station and bus routes along Georgia Avenue. Its central location offers easy access to Connecticut Avenue, Viers Mill Road, University Boulevard, and Georgia Avenue, with shopping, dining, parks, recreation, entertainment, and houses of worship all nearby.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Weichert, REALTORS | $549,000 | |
| Listed by Weichert, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017