Offers due today at 12PM so you have 2 hours to put an offer on this house, our Cribline Least Expensive House of the Week, located at 1616 11th St. NW in Logan Circle. Here’s why we think it’s a great investment.
This 1st floor one (1) bedroom, one (1) bathroom condo features nearly six hundred (600) square feet of open space, dramatic floor to ceiling windows and soaring nine (9) foot ceilings! Originally built in 2008, quality finishes include gourmet kitchen with stainless steel appliances, Porcelanosa cabinets and gorgeous maple hardwood floors. Common roof top terrace has breathtaking city views, grill and firepit. The Logan Circle location, minutes to Whole Foods and other neighborhood action contributes to the address’s Walk Score of 96. A storage space is Included and secure garage parking is available for sale (not included in the listing price).
It’s just on the market for $399,900. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $399,900 of $79,980, the mortgage amount would be $319,920. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $1,950 per month. After tax deductions, the net payment would be about $1,475 per month.
Offers due today 12PM! Can you make it in time?
Happy House Hunting!