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Bloomingdale, Classic Victorian, Fresh Renovation, New Price! - The Cribline

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Bloomingdale, Classic Victorian, Fresh Renovation, New Price!

Bloomingdale, Classic Victorian, Fresh Renovation, New Price!

Check out the Cribline’s House Pick of the Week, a freshly renovated Victorian located at 155 Randolph Pl. NW in Bloomingdale. This spectacular find blends perfectly with the other historic Victorian homes on one of Bloomindale’s most charming and iconic streets.

This four (4) bedroom, four-and-a-half (4.5) bathroom Grand Victorian boasts over sixteen hundred (1,600) square feet of livable space and features four (4) gorgeous levels; a sleek, well-equipped gourmet kitchen with stainless steel/top-of-the-line appliances; an open floor plan with custom mill work; a top floor that opens up to a stellar rooftop deck, perfect for entertaining; a fully separate and potentially lucrative lower level unit with family room, guest room, and en-suite bathroom. Its proximity to major transportation hubs, shops, and restaurants has led to this home’s receiving a walk score of 96! There is an open house this Sunday, June 25, 2017 from 2:00PM-4:00PM.

There is an open house this Sunday beginning at 2PM. It’s just on the market for $995,000- a $100,000 reduction in price from the original listing offer! See how much this will cost per month in the Cribline math analysis below:

Cribline Investment Pick DC9983153_1_0[1] DC9983153_2_0[1] DC9983153_3_0[1] DC9983153_4_0[1] DC9983153_5_0[1] DC9983153_8_0[1] DC9983153_9_0[1] DC9983153_12_0[1] DC9983153_13_0[1] DC9983153_14_0[1] DC9983153_16_0[1] DC9983153_17_0[1] DC9983153_19_0[1] DC9983153_21_0[1]

Cribline Math Analysis:

With 20 percent down on $995,000 of $199,000, the mortgage amount would be $796,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $5,250 per month. If you were to rent out the lower level unit for $1,050 per month, that would reduce the gross payment to $4,200 per month. After tax deductions, the net payment would be about $3,900 per month. 

Happy House Hunting in Bloomingdale for new prices!

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