$463,431*
●
Condo -
Off Market
700 ROEDER RD. #602
SILVER SPRING, MD 20910
2 Beds
1 Bath
639 Ft²
$385,000 - $469,000
Reference Base Price*
8.43%
Since Jan 1, 2022
DC-Washington
Primary Model
About This Property
Year-End incentive. Write an offer by December 31st and buyers will
receive a $5,000 closing cost credit. This top floor 2-bedroom unit
has breathtaking views! Open kitchen complete with quartz counters
and stainless steel appliances. Second room has North and East
windows so perfect for your in-home office or 2nd bedroom area with
beautiful views towards the green tree lined neighborhood. Designed
to reflect the most important elements of your life these homes
feature luxury vinyl plank flooring, porcelain tile in the
bathrooms, W/D in unit, open living spaces and views of downtown
Silver Spring. The building features private conference rooms
optimal for 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.
Featuring studios, 1BR, and 2BR homes, sales have just begun and
our model is available for tours by appointment. Photos shown are
of the model residence.
The manager has listed the unit size as 639 square feet.
The manager has listed the unit size as 639 square feet.
Unit Size
639 Ft²
Days on Market
-
Land Size
-
Price per sqft
$669
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1980
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Monthly Rental Income
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2022 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Aug 16, 2022 | Listed | $419,900 | |
| Listed | |||
| | |||
|
This, NEW construction, 2-bedroom corner unit has beautiful NE exposure over the trees and downtown Silver Spring's Best Location to it all! The second bedroom would be perfect for your home office with beautiful views towards the green tree lined neighborhood. The open kitchen is complete with quartz counters and stainless steel appliances. Purchase a two bedroom and get a private storage unit, on the same floor as your unit when you purchase by Labor Day 2022. Private Storage is $7500 value.Designed to reflect the most important elements of your life these homes feature luxury vinyl plank flooring, porcelain tile in the bathrooms, W/D in unit, open living spaces and views of downtown Silver Spring. The building features private conference rooms optimal for 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 and the new Mom's Organic Grocery coming 2023. ELAN is Silver Spring's newest condominium, with over 80% sold with 1 bedroom, and 2 bedrooms options available. The manager has listed the unit size as 639 square feet.
| |||
| Jun 20, 2022 | No longer available | - | |
| No longer available | |||
| Apr 19, 2022 | Listed | $419,900 | |
| Listed | |||
| | |||
|
This 1BR + den corner unit, with East and North views, is a must-see! Open kitchen complete with quartz counters and stainless steel appliances. Den has two windows so perfect for your in-home office or 2nd bedroom area with beautiful views towards the green tree lined neighborhood. Designed to reflect the most important elements of your life these homes feature luxury vinyl plank flooring, porcelain tile in the bathrooms, W/D in unit, open living spaces and views of downtown Silver Spring. The building features private conference rooms optimal for 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 over 70% sold with 1 bedroom, and 2 bedrooms options available. *Contact sales team for current incentives* The manager has listed the unit size as 639 square feet.
| |||
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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