700 ROEDER RD. #605
About This Property
The manager has listed the unit size as 541 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.
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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2022 | Listed | $339,900 | |
| Listed | |||
| | |||
|
This NEW construction, this Junior 1-bedroom on the top floor, allows for sunlight to flow into your open living area from its panoramic windows. 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. Also available is unit #501 for the same list price - this open floor plan 1 bed unit offers East Facing Unit has a Juliet balcony allows natural light to pour in.
You're at the center of convenience. A walk score of 96 and a transit score of 85, you'll soon be within walking distance to Whole Foods, the Silver Spring Metro (Red Line), The Fillmore, AFI movie theater, Farmer's market, Ellsworth Place, and a variety of restaurants and breweries. Downtown Silver Spring's newest condominium in 6 years is over 88% sold. 3 units remain.
*Contact sales team for updated incentives*
| |||
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Jun 17, 2022 | Listed | $339,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017