$145,000
●
Condo -
Off Market
3500 FOREST EDGE DR #153C
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,273 Ft²
$614
Est. Monthly
About This Property
Discover an incredible opportunity with this rare third-floor unit,
boasting amazing bones and endless potential for your personal
redesign. Spacious 2 bedroom, 2 bathroom condo with bonus enclosed
porch, covered parking and additional storage space, wheelchair
accessible and elevator. Located in the sought-after Leisure
World community, this +55 neighborhood offers unparalleled
amenities for an active and vibrant lifestyle. Enjoy access to a
stunning golf course, multiple swimming pools, well-equipped
fitness center, tennis courts, and a wide array of social and
recreational activities. Convenience is at your doorstep with easy
access to Georgia Avenue, the ICC, and nearby shopping center just
steps from the community entrance. The condo fee covers all
utilities, including high-speed internet and cable TV. Bring your
discerning eye and transform this diamond in the rough into your
dream home!
Unit Size
1,273 Ft²
Days on Market
17 days
Land Size
-
Price per sqft
$98
Property Type
Condo
Property Taxes
$222
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDMC2137142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by RE/MAX Town Center | $125,000 | |
| Listed by RE/MAX Town Center | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Attached Carport, Parking Lot
Attached Carport Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Living Area Square Feet Source: Assessor
Exterior Details
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick
Unit Building Type: Mid-Rise 5 - 8 Floors
Building Name: ROSSMOOR MUTUAL
Community Pool
Tidal Water: N
Land Assessed Value: $180,000
Finished Square Feet: 1273
Finished Square Feet Source: Assessor
Financial Details
County Tax: $1,920
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $180,000
Tax Year: 2024
Tax Annual Amount: $2,669
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Central
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Air Conditioning, Cable TV, Electricity, Heat, Pool(s), Sewer, Snow Removal, Trash, Water, Common Area Maintenance, High Speed Internet
HOA/Condo/Coop Amenities: Bowling Alley, Community Center, Elevator, Exercise Room, Extra Storage, Golf Club, Jog/Walk Path, Pool - Indoor, Pool Mem Avail, Pool - Outdoor, Putting Green, Sauna, Security, Spa, Tennis Courts, Golf Course
Condo/Coop Fee: $934
Washer/Dryer/Hook Up in Unit: Yes
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/17/2025
|
1 Bed
|
1 Bath
|
946 ft²
|
$185,000
1 Bed
1 Bath
946 ft²
|
$170,000
-8.11%
01/30/2026
|
William Ta
Long & Foster Real Estate, Inc.
| |
|
08/07/2025
|
1 Bed
|
1 Bath
|
946 ft²
|
$159,000
1 Bed
1 Bath
946 ft²
|
$160,000
+0.63%
08/29/2025
|
Emily Lurie
Long & Foster Real Estate, Inc.
| |
|
11/01/2024
|
2 Bed
|
2 Bath
|
1157 ft²
|
$190,000
2 Bed
2 Bath
1157 ft²
|
$205,000
+7.89%
12/04/2024
|
Marilyn Greggs
Weichert, REALTORS
| |
|
07/11/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$125,000
2 Bed
2 Bath
1273 ft²
|
$145,000
+16.00%
08/01/2024
|
Kenneth Abramowitz
RE/MAX Town Center
| |
|
08/10/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$129,000
1 Bed
2 Bath
946 ft²
|
$105,000
-18.60%
09/15/2023
|
Marilyn Greggs
Weichert, REALTORS
| |
|
10/08/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$155,000
1 Bed
2 Bath
946 ft²
|
$135,000
-12.90%
02/15/2024
|
Lisa Sabelhaus
RE/MAX Town Center
| |
|
09/14/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$219,900
2 Bed
2 Bath
1273 ft²
|
$205,000
-6.78%
11/21/2023
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
09/14/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$194,900
2 Bed
2 Bath
1273 ft²
|
$200,000
+2.62%
12/11/2023
|
Alexandra Magdaleno
Weichert, REALTORS
| |
|
08/02/2023
|
3 Bed
|
2 Bath
|
1415 ft²
|
$265,000
3 Bed
2 Bath
1415 ft²
|
$249,000
-6.04%
09/22/2023
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
12/15/2021
|
2 Bed
|
2 Bath
|
1157 ft²
|
$200,000
2 Bed
2 Bath
1157 ft²
|
$205,000
+2.50%
02/08/2022
|
Arlisha Witcher
Weichert, REALTORS
| |
|
05/14/2021
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$250,000
07/21/2021
|
Marilyn E Greggs
Weichert, REALTORS
| |
|
08/07/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$185,000
2 Bed
2 Bath
1157 ft²
|
$179,000
-3.24%
11/02/2020
|
Margaret Magnanelli
| |
|
04/01/2020
|
2 Bed
|
2 Bath
|
1273 ft²
|
$199,000
2 Bed
2 Bath
1273 ft²
|
$199,000
06/26/2020
|
Marilyn Greggs
Weichert, REALTORS
| |
|
07/30/2017
| |
3 Bed
|
2 Bath
|
1415 ft²
|
-
3 Bed
2 Bath
1415 ft²
|
-
-
|
-
|
|
06/14/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$174,900
3 Bed
2 Bath
1415 ft²
|
$160,000
-8.52%
09/01/2017
|
Ashley Fitzgerald
Weichert, REALTORS
| |
|
12/30/2016
|
2 Bed
|
2 Bath
|
1157 ft²
|
$127,000
2 Bed
2 Bath
1157 ft²
|
$127,000
01/30/2017
|
Marilyn Greggs
Weichert, REALTORS
| |
|
03/27/2015
|
2 Bed
|
2 Bath
|
1273 ft²
|
$129,999
2 Bed
2 Bath
1273 ft²
|
$122,000
-6.15%
06/25/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
01/12/2015
|
1 Bed
|
1 Bath
|
946 ft²
|
$89,900
1 Bed
1 Bath
946 ft²
|
$85,000
-5.45%
02/27/2015
|
Mary Young
RE/MAX Realty Group
| |
|
06/04/2013
|
3 Bed
|
2 Bath
|
1564 ft²
|
$154,999
3 Bed
2 Bath
1564 ft²
|
$153,000
-1.29%
09/18/2013
|
Paula M Nerret
RE/MAX Realty Centre, Inc.
|
Building Info
About Rossmoor
Similar Homes for Sale
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$2,100 /mo
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- 1 Bath
- 982 ft²
$2,100 /mo
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Listed by: Kenneth Abramowitz
RE/MAX Town Center
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDMC2137142
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX Town Center
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDMC2137142
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