Classic meets contemporary in the Cribline’s Luxury House Pick of the Week, located at 1442 Q St. NW, in the heart of Logan Circle.
This beautiful three (3) bedroom, three (3) bathroom home has been completely renovated and boasts nearly three-thousand (3,000) square feet of modern interior, soaring lower-level ceilings, an expansive main level with a separate dining room, a large eat-in gourmet kitchen with stainless steel and top-of-the-line appliances, chic exposed brick walls placed perfectly, secure garage parking (with lots of additional storage space) for one (1) car, and separate basement apartment.
The home is flooded with natural light and its location, on one of the trendiest blocks in the city, makes this a must-see. There is an open house this Saturday, April 15, 2017, beginning at 1PM. Come see for yourself! It’s just on the market for $2,100,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $2,100,000 of $420,000, the mortgage amount would be $1,680,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $10,200 per month. If you were to rent out the basement apartment for $1,700 per month, that would reduce the gross payment to $8,500 per month. After tax deductions, the net payment would be about $6,100 per month.
Happy Luxury House Hunting in Logan’s Circle!