Check out the Cribline’s Luxury House Pick of the Week, an ultra lavish condo located at 2501 M Street NW #302 in the heart of DC’s West End, so named for being the westernmost part of the original city of Washington, before the annexation of Georgetown.
This third (3rd) floor, two (2) bedroom, two-and-a-half (2.5) bathroom ultra luxury condo boasts over two thousand (2,000+) square feet of livable space and features a gourmet kitchen with Thermador and Bosch appliances; refined Italian flooring throughout; floor-to-ceiling windows; elegantly finished spa-like bathrooms with luxurious ceramic and porcelain tiles and other top-of-the line fixtures; and secure underground garage parking for two (2) cars.
The building features elevators, twenty four (24) hour Concierge, Fitness Center, Party Room, and several meeting rooms, and is only a short walk from Rock Creek Park, Foggy Bottom, Georgetown, Dupont Circle, and the up and coming Nobu restaurant.
There is an open house this Saturday, May 6, 2017 and this Sunday, May 7, 2017, from 11AM-5PM.
It’s just on the market for $2,898,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $2,898,00 of $579,600, the mortgage amount would be $2,318,400. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $13,000 per month, including the Home Owner’s Association fee. After tax deductions, the net payment would be about $10,000 per month.
Happy Luxury House Hunting in the West End!