1316 WINDMILL LANE
About This Property
Welcome to this beautifully updated and spacious home in Silver Spring offering over 3,500 square feet of living space. Featuring 6 bedrooms and 4 full bathrooms, this home delivers the perfect blend of size, comfort, and modern updates.
Recent upgrades include brand new flooring (2026), fresh paint throughout, and fully renovated bathrooms, creating a move-in ready experience for the next owner. The home offers generous living and entertaining spaces, along with a fully finished walk-out basement providing additional flexibility for guests, recreation, or extended living.
Step outside to a large backyard situated on a generous lot, perfect for outdoor gatherings, gardening, or relaxation.
Major system updates include HVAC (2022), roof (2022), and water heater (2021) - offering peace of mind and long-term value.
Conveniently located near major commuter routes, shopping, dining, and all that Silver Spring has to offer, this home truly checks all the boxes.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017