4,500 SF Penthouse in the West End, $5.75M
Okay we have one (1) more Cribline Luxury House Pick of the Wee, this week that we just couldn’t resist: check out this super impressive 4,500 square foot Penthouse in the West End, located at 2501 Pennsylvania Avenue NW PH 2B. Fun fact: the West End is so named because it was the westernmost part of the original L’Enfant Plan for the city of Washington, before the annexation of Georgetown.
This three (3) bedroom, three and a half (3.5) bathroom penthouse unit has everything and then some with interior design elements by Barry Dixon. Private elevator opens to flowing first floor with living room, formal dining room, family room, library, and top-of-the-line kitchen. Master suite with his-hers closets and a large bath. Two (2) main level balconies and a very large second level terrace. Three car garage parking, oversized storage room, and 24-hour front desk.
It’s just on the market for $5,750,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $5,750,000 of $1,150,000, the mortgage amount would be $4,600,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $26,600 per month. After tax deductions, the net payment would be about $22,000 per month.
Happy Luxury PentHouse Hunting!