$341,958*
●
Condo -
Off Market
700 ROEDER RD. #501
SILVER SPRING, MD 20910
1 Bed
1 Bath
541 Ft²
$306,000 - $372,000
Reference Base Price*
0.61%
Since May 1, 2022
DC-Washington
Primary Model
About This Property
Location, Location, Location. In this 1-bedroom unit, morning light
will pour through your Juliet balcony and into your open living
area. Designed to reflect the most important elements of your life
these homes feature luxury vinyl plank flooring, stainless steel
appliances, quartz countertops, porcelain tile in the bathrooms,
W/D, large living spaces and views of downtown Silver Spring. The
building features private conference rooms optimal for meetings and
working from home as well additional storage. With a walk score of
95 and a transit score of 85 Elan is within close proximity to
Whole Foods, the Silver Spring Metro (Red Line),The Fillmore, AFI
and a variety of restaurants and breweries. ELAN is Silver Spring's
newest condominium, with 35 units total, and inventory is selling
fast.
The manager has listed the unit size as 541 square feet.
The manager has listed the unit size as 541 square feet.
Unit Size
541 Ft²
Days on Market
-
Land Size
-
Price per sqft
$628
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate Calculator
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2022 | No longer available | - | |
| No longer available | |||
| Sep 27, 2022 | Listed | $339,900 | |
| Listed | |||
| | |||
|
Tucked away, in the heart of Downtown Silver Spring, you'll find a perfect balance at 700 Roeder. The Juliet balcony allows morning light to pour into the open layout in this NEW construction 1-bedroom.700 Roeder is designed to reflect the most important elements of your life these homes feature luxury vinyl plank flooring, stainless steel appliances, quartz countertops, porcelain tile in the bathrooms, W/D, large living spaces and views of downtown Silver Spring and Spring St. The building features private conference rooms optimal for meetings and working from home as well additional storage available.Location, location, location. With a walk score of 96 and a transit score of 85, 700 Roeder is within walking distance to Whole Foods, the Silver Spring Metro (Red Line),The Fillmore, AFI, Ellsworth Place, and a variety of restaurants and breweries. Downtown Silver Spring's newest condominium in 6 years is over 80% sold.*Contact sales team for updated incentives* The manager has listed the unit size as 541 square feet.
| |||
| Aug 4, 2022 | No longer available | - | |
| No longer available | |||
| Jun 6, 2022 | Listed | $339,900 | |
| Listed | |||
| | |||
|
Morning light will pour through your East facing Juliet balcony and into your open living area. Located in the heart of downtown Silver spring, ELAN is designed to reflect the most important elements of your life these homes feature luxury vinyl plank flooring, stainless steel appliances, quartz countertops, porcelain tile in the bathrooms, W/D, large living spaces and views of downtown Silver Spring and Spring St. The building features private conference rooms optimal for meetings and working from home as well additional storage. With a walk score of 95 and a transit score of 85 Elan is within close proximity to Whole Foods, the Silver Spring Metro (Red Line),The Fillmore, AFI and a variety of restaurants and breweries. ELAN is Silver Spring's newest condominium, with 35 units total and over 80% sold.*Contact sales team for updated incentives* The manager has listed the unit size as 541 square feet.
| |||
| Apr 8, 2022 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Air Conditioning
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 |
|---|---|---|---|---|---|---|---|
|
09/20/2025
|
1 Bed
|
1 Bath
|
585 ft²
|
$295,000
1 Bed
1 Bath
585 ft²
|
$290,000
-1.69%
02/08/2026
|
Gary Walker
RE/MAX Realty Services
| |
|
07/11/2025
|
1 Bed
|
1 Bath
|
585 ft²
|
$299,900
1 Bed
1 Bath
585 ft²
|
$280,000
-6.64%
09/26/2025
|
Charles Gilroy
Redfin Corp
| |
|
05/18/2025
|
2 Bed
|
1 Bath
|
639 ft²
|
$380,000
2 Bed
1 Bath
639 ft²
|
$345,000
-9.21%
09/05/2025
|
Brenda Mejia
Compass
| |
|
08/10/2023
|
1 Bed
|
1 Bath
|
-
|
$349,900
1 Bed
1 Bath
|
$351,000
+0.31%
10/03/2023
|
Jennifer Hurley
Coldwell Banker Realty
| |
|
04/06/2022
| |
1 Bed
|
1 Bath
|
-
|
$334,900
1 Bed
1 Bath
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
|
|
06/17/2022
|
1 Bed
|
1 Bath
|
541 ft²
|
$339,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
06/16/2022
|
2 Bed
|
1 Bath
|
639 ft²
|
$399,900
2 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
541 ft²
|
$339,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
04/19/2022
|
1 Bed
|
1 Bath
|
639 ft²
|
$419,900
1 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
08/02/2022
|
1 Bed
|
1 Bath
|
541 ft²
|
$294,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
06/03/2022
|
Studio
|
1 Bath
|
354 ft²
|
$209,900
Studio
1 Bath
354 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
05/13/2022
|
1 Bed
|
1 Bath
|
639 ft²
|
$349,900
1 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
04/06/2022
|
1 Bed
|
1 Bath
|
541 ft²
|
$334,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
04/06/2022
|
1 Bed
|
1 Bath
|
598 ft²
|
$329,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
639 ft²
|
$419,900
1 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
585 ft²
|
$357,400
1 Bed
1 Bath
585 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
598 ft²
|
$319,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
01/24/2022
|
1 Bed
|
1 Bath
|
598 ft²
|
$344,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
01/21/2022
|
1 Bed
|
1 Bath
|
639 ft²
|
$379,900
1 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
12/16/2021
|
2 Bed
|
1 Bath
|
639 ft²
|
$412,400
2 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
12/16/2021
|
1 Bed
|
1 Bath
|
585 ft²
|
$362,400
1 Bed
1 Bath
585 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
12/08/2021
|
1 Bed
|
1 Bath
|
541 ft²
|
$299,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
07/08/2021
|
2 Bed
|
1 Bath
|
639 ft²
|
$397,400
2 Bed
1 Bath
639 ft²
|
-
-
|
Lisa Frazier
Urban Pace, a Long & Foster Company
| |
|
11/12/2021
|
1 Bed
|
1 Bath
|
598 ft²
|
$324,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
598 ft²
|
$294,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
541 ft²
|
$329,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
10/15/2021
|
1 Bed
|
1 Bath
|
598 ft²
|
$339,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
10/15/2021
|
2 Bed
|
1 Bath
|
639 ft²
|
$427,400
2 Bed
1 Bath
639 ft²
|
-
-
|
Aaron Cartier
Urban Pace, a Long & Foster Company
| |
|
07/08/2021
|
1 Bed
|
1 Bath
|
585 ft²
|
$344,900
1 Bed
1 Bath
585 ft²
|
-
-
|
Lisa Frazier
Urban Pace, a Long & Foster Company
| |
|
07/08/2021
|
1 Bed
|
1 Bath
|
541 ft²
|
$324,900
1 Bed
1 Bath
541 ft²
|
-
-
|
Lisa Frazier
Urban Pace, a Long & Foster Company
| |
|
07/08/2021
|
1 Bed
|
1 Bath
|
598 ft²
|
$299,900
1 Bed
1 Bath
598 ft²
|
-
-
|
Lisa Frazier
Urban Pace, a Long & Foster Company
| |
|
07/08/2021
|
Studio
|
1 Bath
|
354 ft²
|
$199,900
Studio
1 Bath
354 ft²
|
-
-
|
Lisa Frazier
Urban Pace, a Long & Foster Company
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017