Check out the Cribline’s House Pick of the Week, a luxury penthouse apartment that overlooks Logan Circle, located at 1 Logan Circle NW #72, in the epicenter of its eponymous circle.
This two (2) bedroom, two (2) bathroom, two (2) story condo boasts over fifteen hundred (1,500) square feet of livable interior space and over one thousand (1,000) square feet of a private outdoor deck space that offers sweeping city views. The layout of the home, perfect for entertaining, features hardwood floors throughout; high-end fixtures with custom finishes; galley kitchen; home-office nook; washer and dryer combination; brand new windows; recessed lighting; soaring high ceilings; and plenty of great natural light and sun exposure.
The seller has also included a secure parking spot for one (1) year, a $250 value, with this purchase. The unit is just on the market for $1,399,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $1,399,000 of $279,800, the mortgage amount would be $1,119,200. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $6,600 per month. After tax deductions, the net payment would be about $4,700 per month, excluding the Home Owners Association fees, which run about $580 per month.
Happy Penthouse Hunting in Logan Circle!