13700 MODRAD WAY #8A13
About This Property
The manager has listed the unit size as 950 square feet.
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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.
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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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jul 2, 2023 | In contract | - | |
| In contract | |||
| Jun 28, 2023 | Listed | $205,000 | |
| Listed | |||
| | |||
|
Welcome home to this bright, well maintained ground floor 2bd/2 full ba condo in Silver Spring. Maintenance free living at its best! Updates include HVAC (2022), washer & dryer(2023), and vinyl plank flooring throughout (2022). Open floor plan features living room with fireplace, separate dining area, and kitchen with new quartz countertops! Spacious master bedroom with walk through closet to private master bathroom. 2nd bedroom includes a walkout to a semi-enclosed patio to enjoy the outdoors. Conveniently located to shopping, restaurants, public transportation, major routes 29, 200, & 95, downtown silver spring, and DC. Condo fee includes water & sewer, community pool, fitness center, clubhouse, tot lots, exterior building & lawn maintenance, snow removal, and parking passes. Additional locked storage space is located on the same level as the condo.
| |||
| May 19, 2020 | No longer available | - | |
| No longer available | |||
| Dec 19, 2019 | Listed | $180,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2025
|
2 Bed
|
2 Bath
|
1000 ft²
|
$260,000
2 Bed
2 Bath
1000 ft²
|
$244,000
-6.15%
12/12/2025
|
Xun Yu
Samson Properties
| |
|
06/28/2023
|
2 Bed
|
2 Bath
|
950 ft²
|
$205,000
2 Bed
2 Bath
950 ft²
|
$226,000
+10.24%
07/18/2023
|
Dusty Ellinger
ExecuHome Realty
| |
|
05/19/2022
|
3 Bed
|
2 Bath
|
1182 ft²
|
$230,000
3 Bed
2 Bath
1182 ft²
|
$251,000
+9.13%
06/20/2022
|
Robert Myers
RE/MAX Realty Services
| |
|
08/19/2021
|
1 Bed
|
1 Bath
|
864 ft²
|
$179,900
1 Bed
1 Bath
864 ft²
|
-
-
|
Kelly Glen
KW Metro Center
| |
|
06/08/2020
| |
2 Bed
|
2 Bath
|
-
|
$180,000
2 Bed
2 Bath
|
-
-
|
-
|
|
12/19/2019
|
2 Bed
|
2 Bath
|
950 ft²
|
$180,000
2 Bed
2 Bath
950 ft²
|
-
-
|
-
|
Building Info
About Fairland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017