28
Map
$428,000
●
Condo -
Off Market
7981 EASTERN AVENUE #304
SILVER SPRING, MD 20910
2 Beds
2 Baths
1,502 Ft²
$641,939
RealtyHop Estimate
48.43%
Since Jul 1, 2014
DC-Washington
Primary Model
About This Property
Open LR/DR/high-end kitchen, 2-story LR with large loft,
washer/dryer, outdoor walkways on each floor in close-knit
pet-friendly multi-generational condo community. Walk to
subway, bus, rail, downtown Silver Spring. Community
amenities: large kitchen/LR/DR; guest suites;
computer/exercise/playroom/gameroom/workshop/bike facilities; green
roof with playground and views of Rock Creek Park.
Unit Size
1,502 Ft²
Days on Market
-
Land Size
-
Price per sqft
$288
Property Type
Condo
Property Taxes
$414
HOA Dues
$499
Year Built
-
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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.
Last updated: 2 months ago (Bright MLS #1002967838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2014 | Sold | ||
| Sold | |||
| Apr 30, 2014 | Listed by Nathalie Mullinix Realty Universal, Inc. | $432,500 | |
| Listed by Nathalie Mullinix Realty Universal, Inc. | |||
Property Highlights
Parking Available
Garage
Elevator
Parking Details
Parking Features: On Site, Handicap Parking
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Combination Dining/Living, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Wood Floors, Floor Plan - Open
Appliances: Washer/Dryer, Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Oven, Range Hood, Refrigerator, Washer/Dryer Stacked, Water Dispenser
Exterior Details
Has Property Attached
Square Footage: 1502
Square Footage Source: $0
Security Features: Fire Detection System, Intercom, Main Entrance Lock, Sprinkler System - Indoor
Architectural Style: Other, Loft
Year Built Source: Estimated
Year Built: 2004
Building Name: EASTERN VILLAGE CONDO
Levels: 2
Other Structures: Above Grade
Construction Materials: Concrete
Water Source: Public
Financial Details
Tax Assessed Value: $375,000
Tax Annual Amount: $4,963
Utilities Details
Cooling Type: Ceiling Fan(s), Heat Pump(s)
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Insurance, Sewer, Trash, Water, High Speed Internet, Lawn Maintenance, Management, Recreation Facility
HOA/Condo/Coop Amenities: Elevator(s), Exercise Course, Party Room, Security, Playground, Common Grounds, Recreational Center, Community Center
Condo/Coop Fee: $499
Condo/Coop Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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
7981 Eastern Avenue
7981 Eastern Avenue, Silver Spring, MD 20910
- 3 Units for Sale
About Silver Spring
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Listed by: Nathalie C. Mullinix
Nathalie Mullinix Realty Universal, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1002967838
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.
Nathalie Mullinix Realty Universal, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1002967838
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