55
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406 LEIGHTON AVENUE
About This Property
From the moment you enter, the home's thoughtful renovations and generous proportions are immediately apparent. Brand-new wood flooring flows through the main living areas, which include a welcoming family room and an impressive, expanded living and dining space with high ceilings and abundant natural light. At the heart of the home is a newly renovated gourmet kitchen featuring granite countertops, stainless-steel appliances, a tile backsplash, marble flooring, a gas range, and a spacious pantry. A beautifully appointed laundry area adds both style and convenience. A renovated powder room and ample storage complete the main level.
Upstairs, four spacious bedrooms and three beautifully renovated bathrooms provide exceptional comfort and flexibility. The gracious primary suite includes an elegant ensuite bathroom, and a private guest suite has its own full bathroom. A third full bathroom is conveniently located off the hallway. All upstairs bathrooms are newly renovated with full bathtub and separate shower areas.
The 1,000 sq. ft. walk-out lower level offers even more versatility, with a private guest bedroom and full bathroom, generous storage, direct access to the garage, and an additional room ideal for a home office, gym, recreation room, or extended living space. With a walk out exit, the space is perfect for an in-law or au pair suite.
Outside, the home truly shines with both a screened porch and an additional open deck overlooking the expansive backyard-perfect for morning coffee, evening gatherings, and memorable time with family and friends. The driveway accommodates two additional vehicles.
Ideally located just minutes from Downtown Silver Spring, Sligo Creek Park, Metro, MARC, Georgia Avenue, Colesville Road, and I-495, this move-in-ready residence offers the space, quality, and convenience today's discerning buyer desires. The property is also served by Montgomery County Public Schools. Your home your way with no HOA, front foot or special assessment fees!
This is a rare opportunity to own an exceptional home in a wonderful neighborhood. Welcome home!
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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 |
|---|---|---|---|
| Oct 10, 2026 | Listed by Real Broker, LLC | $979,000 | |
| Listed by Real Broker, LLC | |||
| Nov 3, 2008 | Sold | ||
| Sold | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017