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Listing MDMC2244034 , Silver Spring, MD 20910
$258,000
Est. Payment: $1,373.18/mo
1 Bed
1 Bath
460 Sqft
Status: active | Days on site: 121
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House Description

This is an FHA and VA Financing Approved Condo and eligible for a $5,000.00 grant (never have to pay back) for the down payment or closing costs which makes helps saves from the out-of-pocket costs and makes it more affordable than ever! Perched on the 8th floor of The Octave in Downtown Silver Spring, this bright 1BR/1BA condo makes every one of its 460 square feet work hard. A wall of glass with a sliding door opens to your private balcony with wide city and treetop views, filling the home with natural light. The sleek, open kitchen is anchored by a center island and modern quartz counters, with stainless steel appliances and wood‑style plank flooring creating a clean, contemporary look. The open living/dining area flows easily for movie nights or work‑from‑home days, while the bedroom offers good closet storage and an oversized bath. An in‑unit washer/dryer and energy‑efficient windows keep life simple and comfortable. Octave 1320 spoils residents with a concierge‑attended lobby, fitness room, club/meeting space, secured bike storage, and an enclosed rooftop sky lounge plus open‑air roof terrace with grills and sweeping western views. Directly across the street is the brand‑new Silver Spring Recreation & Aquatic Center with multiple pools, spa, fitness facilities and community rooms, and it’s just a short stroll to MOM’s Organic Market, restaurants, cafés, AFI, The Fillmore, breweries and the year‑round farmers' market. No Car, No Problem! All this less than half a mile to the Red Line Metro (and future Purple Line), buses, and major commuter routes; urban convenience at its smartest scale

Highlights

Listed by Brian G Mason , 2027598869 Signature Move Real Estate , 2028581101. Bright MLS

Property Type

Condo

Year Built

1964

County

Montgomery

Neighborhood

Downtown Silver Spring

School District

Montgomery County Public Schools

Listing ID

MDMC2244034

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Built-In Microwave, Dryer, Washer, Refrigerator, Stove, ENERGY STAR Dishwasher, Disposal
Air Cond:Heat Pump(s),Central A/C
Fireplaces:
Floor:Laminate Plank
Above Ground Sq Ft:460
Other:
  • ▪ Main Floor Bedrooms:1
  • ▪ Additional:Combination Kitchen/Living, Elevator, Efficiency, Flat, Floor Plan - Open, Kitchen - Island, Cats OK, Dogs OK, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:CR5.0
Roof:Flat,Tar/Gravel
Others:
  • ▪ Additional:BBQ Grill, Extensive Hardscape, Gutter System, Roof Deck, Sidewalks, Street Lights, Excellent, Exercise Room, Elevator, Meeting Room, Party Room, Water, Ext Bldg Maint, Management
Sewer:Public Sewer
Parking Features:Parking Fee,Paved Parking,Rented/Permit Required,Secure Parking,Public,On Street,Off Site,Parking Lot
Principal Interest
$1,373
Taxes
$277

Home Price

$258,000

Loan Details

30 yrs
7%

Down Payment

20%
$51,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,373.18

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,373.18 $277.08 $481.94 $2,132.21
Yearly $16,478.21 $3,325.00 $5,783.28 $25,586.49
Total $494,346.37 $99,750.00 $173,498.40 $767,594.77
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Silver Spring, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS