Cherry Blossom House Pick: H Street, Metro, and HQ2?
Check out the Cribline House Pick of the Week, located at 325 19th St NE, a stunning renovated row home fully renovated, 3 blocks from the Metro, H street corridor streetcar, and the possible new site of Amazon’s HQ2!
Originally built in 1939 and renovated in 2016, this three (3) bedroom, three and a half (3.5) bathroom row home offers an inviting covered front porch that is perfect for relaxing in the summer, open main level with beautiful wide-plank wood floors, gourmet kitchen perfect for cooking and entertaining, fully finished lower level with extra high ceilings-bedroom and wet-bar with separate rear entrance. Large rear yard with off street parking. And if Amazon decides to base its second North American headquarters at one of the proposed sites, RFK stadium, this would be a fantastic investment.
It’s just on the market for $719,900. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $719,900 of $143,980, the mortgage amount would be $575,920. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $3,100 per month. If you were to rent out the basement apartment for $1,000 per month, or net a similar figure via HomeShare, that would reduce the gross payment to $2100 per month. After tax deductions, the net payment would be about $1,900 per month.
Happy House Hunting! Hope you’re out enjoying the cherry blossoms this week!