Luxury Loft Condo Prime Investment Deal Eckington

Prime Investment Opp, Luxury 2 Bdr Loft Condo in Eckington

Cribline Investment

Check out the Cribline’s Investment House Pick of the Week, an incredible brand new luxury loft style condo, located at 1912 3rd St. NE in Eckington.  

 This two (2) bedroom, two (2) bathroom condo boasts over 1,477 square feet of livable space and features tremendous double height nine (9) foot ceilings; an innovative floor plan, featuring European White Oak wide plank flooring throughout the unit; a gourmet chef’s kitchen with Carrara Marble counters and stainless steel appliances; stacked washer and dryer; private patio; luxury bathrooms; industrial metal stairs; oversized windows; Elfa closets; a separate entrance, and crisp custom finishes throughout.

Its prime location in Eckington, exactly one mile north of the Capitol Building, is just blocks from Union Market, Union Station, Trader Joe’s, and two metro stations. You cannot beat that.  

Redfin just listed this property twenty one (21) hours ago. It’s just on the market for $649,900.  See how much this will cost per month in the Cribline math analysis below:

Cribline Investment DC9898671_1_0 DC9898671_2_0 DC9898671_3_0 DC9898671_5_0 DC9898671_8_0 DC9898671_10_0 DC9898671_12_0 DC9898671_14_0 DC9898671_17_0 DC9898671_18_0 DC9898671_23_0 DC9898671_27_0 DC9898671_28_0 DC9898671_29_0

Cribline Math Analysis:

With 20 percent down on $649,900 of $129,980, the mortgage amount would be $519,920.  At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $3,100 per month.   After tax deductions, the net payment would be about $2,180 per month. 

Happy House Hunting!


No comments yet.

Leave a Reply

Leave your opinion here. Please be nice. Your Email address will be kept private.