1420 BILLMAN LANE
About This Property
Inside, you'll find a bright, open layout with hardwood floors, oversized windows, and a flexible floor plan. The main level features a spacious living room, separate dining area, and an updated kitchen-perfect for daily living and entertaining. The home offers five bedrooms and three full bathrooms, with the lower level providing additional living space, bedrooms, and a full bath-great for guests, a home office, or rec room.
The expansive backyard is a true bonus, offering privacy, mature trees, and a large in-ground pool (conveyed as-is) with endless potential.
Notable updates include: fresh paint throughout, new lower-level flooring, power washing, and a newer HVAC, water heater, and roof.
Ideally located just minutes from downtown Silver Spring, local parks, shopping, dining, and major commuter routes-this home is the perfect retreat with easy access to everything you need.
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed by Compass | $685,000 | |
| Listed by Compass | |||
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Tucked away on a quiet, tree-lined street in Silver Spring, 1420 Billman Ln offers the perfect combination of space, comfort, and convenience. Thoughtfully updated and well maintained, this home is move-in ready and ideal for modern living.
Inside, you'll find a bright, open layout with hardwood floors, oversized windows, and a flexible floor plan. The main level features a spacious living room, separate dining area, and an updated kitchen—perfect for daily living and entertaining. The home offers five bedrooms and three full bathrooms, with the lower level providing additional living space, bedrooms, and a full bath—great for guests, a home office, or rec room.
The expansive backyard is a true bonus, offering privacy, mature trees, and a large in-ground pool (conveyed as-is) with endless potential.
Notable updates include: fresh paint throughout, new lower-level flooring, power washing, and a newer HVAC, water heater, and roof.
Ideally located just minutes from downtown Silver Spring, local parks, shopping, dining, and major commuter routes—this home is the perfect retreat with easy access to everything you need.
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by Goldberg Group Real Estate | $649,000 | |
| Listed by Goldberg Group Real Estate | |||
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Welcome to this Warm and inviting HOME on GREAT lot. Fresh and Ready with New Paint inside & Out. Updated Kitchen, Stainless Appliances, Enjoy the Large Deep Lot with in-ground POOL enjoy the Peonies and mature Rose bushes Blooming around the perimeter of the rear yard, Enjoy the Additional Fenced in REAR YARD with some new fence sections, Relax in the Sitting room off kitchen, Lower Level family room with fireplace & Enjoy the extra storage in the oversized laundry room which can be converted to an art studio or home Office...This home has over 2900 sq.ft. of living space. hang in the POOL, or Grill on the patio, Close to METRO, One Car Garage, Great schools, the Famous Brookside Gardens & Wheaton Regional Park nearby & nearby shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017