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7981 EASTERN AVENUE #219
About This Property
The condo fee for this unit is $665.84 per month and includes gas, water/sewer, hot water, basic Wi-Fi, free common laundry machines, professional management, common area maintenance and use of the many common area amenities. Owners only pay electricity for their individual units. While basic Wi-Fi is provided, unit owners also have the right to purchase their own cable/internet based on their needs. The community has a geothermal system built below the lovely courtyard that supplements the heating and cooling needs of the individual units so that the in-unit heat pumps work more efficiently. A huge rooftop solar array substantially offsets the community's common electricity costs. Amenities include an expansive walkable green roof with a covered gazebo, playground, bike storage shells, an area to air-dry clothing and a stunning view. There are "share closets" where residents can store items that they are willing to share with other residents like car racks for bicycles, vacuum cleaners, luggage, ladders, etc. In addition to the bicycle storage shells on the roof, there are other areas in the building designated for bicycle storage. There is a community kitchen and seating area for large gatherings, a common living room with a fireplace and big-screen TV, a teen gathering/game room, a kid's playroom, a fitness room, a crafting/woodworking room, a library/music room and a computer room. Additionally, Eastern Village has guest suites that can be rented for $20/night for visiting family and friends.
A big plus for this condo is its proximity to the Silver Spring Metro ( 4 blocks) and all the grocery stores, restaurants, bars, gyms and shopping options nearby. One can access arts and education events at the MoCo Community College campus as well as the renovated public library. Street parking is available and the MoCo Parking Garage immediately adjacent to Eastern Village provides discounted monthly rates to Eastern Village residents.
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Relisted | $389,999 | |
| Relisted | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Listed by Douglas Realty LLC | $389,999 | |
| Listed by Douglas Realty LLC | |||
| May 8, 2026 | Listed by Douglas Realty LLC | $399,999 | |
| Listed by Douglas Realty LLC | |||
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If you looking for instant community where neighbors genuinely care about one another, as well as come together to keep the condominium wheels greased and running smoothly, then the co-housing concept may be for you! In the spirit of working together, the seller is open to helping with closing costs or helping to buy down a purchaser's interest rates. Welcome to this spotless, freshly painted unit in the vibrant Eastern Village Co-Housing Condominium that prides itself on never having needed a special assessment! In 2005, this was one of the first LEED Silver certified residential buildings in the area. With two bedrooms, a full bathroom, a half bathroom, multiple closets plus built-ins, it has plenty of space in which to live comfortably. Being on the second floor and southwest facing, Unit 219 gets nice natural light. The floor plan is open with ample room for entertaining. The kitchen is modern and in wonderful condition, with quartz counters and gas cooking. Unlike many units in the community, this one has its own washer and dryer. It also has two assigned planters outside the unit on the common balcony for herbs, flowers, etc.
The condo fee for this unit is $665.84 per month and includes gas, water/sewer, hot water, basic Wi-Fi, free laundry, professional management, common area maintenance and use of the many common area amenities. Owners only pay electricity for their individual units. While basic Wi-Fi is provided, unit owners also have the right to purchase their own cable/internet based on their needs. The community has a geothermal system built below the common courtyard that supplements the heating and cooling needs of the individual units so that the in-unit heat pumps work more efficiently. Amenities include an expansive walkable green roof with a covered gazebo, playground, bike storage shells, an area to air-dry clothing and a stunning view. There are “share closets” where residents can store items that they are willing to share with other residents like car racks for bicycles, vacuum cleaners, luggage, ladders, etc. In addition to the bicycle storage shells on the roof, there are other areas in the building designated for bicycle storage. There is a community kitchen and seating area for large gatherings, a common living room with a fireplace and big-screen TV, a teen gathering/game room, a kid’s playroom, a fitness room, a crafting/woodworking room, a library/music room and a computer room. Additionally, Eastern Village has guest suites that can be rented for $20/night for visiting family and friends.
A big plus for this condo is its proximity to the Silver Spring Metro ( 4 blocks) and all the grocery stores, restaurants, bars, gyms and shopping options nearby. Street parking is available and the Montgomery County Parking Garage immediately adjacent to Eastern Village provides discounted monthly rates to Eastern Village residents. OPEN SUN 6/14, 1-3pm
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2025
|
1 Bed
|
1 Bath
|
746 ft²
|
$299,500
1 Bed
1 Bath
746 ft²
|
$265,000
-11.52%
05/20/2026
|
LaKisa Carter
Keller Williams Capital Properties
| |
|
05/27/2024
|
2 Bed
|
2 Bath
|
1490 ft²
|
$510,000
2 Bed
2 Bath
1490 ft²
|
$590,000
+15.69%
07/31/2024
|
Joseph Hawkins
JOE HAWKINS REALTY
| |
|
12/11/2023
|
1 Bed
|
1 Bath
|
751 ft²
|
$320,000
1 Bed
1 Bath
751 ft²
|
$320,000
01/16/2024
|
Danielle Kenny
Wind Chime Properties
| |
|
03/10/2022
|
2 Bed
|
1 Bath
|
835 ft²
|
$375,000
2 Bed
1 Bath
835 ft²
|
-
-
|
Andrew Essreg
RLAH Real Estate
| |
|
07/23/2020
|
1 Bed
|
1 Bath
|
612 ft²
|
$267,000
1 Bed
1 Bath
612 ft²
|
$266,995
0.00%
03/04/2021
|
Kimberly Webb
| |
|
11/07/2019
| |
1 Bed
|
1 Bath
|
-
|
$240,000
1 Bed
1 Bath
|
-
-
|
-
|
|
09/04/2019
|
2 Bed
|
2 Bath
|
833 ft²
|
$362,000
2 Bed
2 Bath
833 ft²
|
-
-
|
-
| |
|
04/30/2014
|
2 Bed
|
2 Bath
|
1502 ft²
|
$432,500
2 Bed
2 Bath
1502 ft²
|
$428,000
-1.04%
06/06/2014
|
Nathalie Mullinix
Nathalie Mullinix Realty Universal, Inc.
| |
|
07/25/2013
|
2 Bed
|
1 Bath
|
862 ft²
|
$345,000
2 Bed
1 Bath
862 ft²
|
$343,000
-0.58%
08/30/2013
|
Anthony Golden
RE/MAX Realty Group
| |
|
05/08/2013
|
1 Bed
|
1 Bath
|
612 ft²
|
$229,900
1 Bed
1 Bath
612 ft²
|
$210,000
-8.66%
07/08/2013
|
Paul Butterfield
RE/MAX Realty Services
|
Building Info
- 3 Units for Sale
About Silver Spring
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$4,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017