Chic Cap Hill Condo, Converted from School, $600K
Check out this stunning loft style condo (in a chic building that was converted from a former school) on Capitol Hill, located at 440 12th St. NE #6.
This two (2) bedroom, two (2) bathroom condo boasts nearly fourteen hundred (1,400) square feet of livable space and features an open floor plan with tasteful exposed brick surfaces; brand new windows, providing tons of natural light; soaring nine (9′) foot ceilings; a gourmet modern kitchen with granite countertops and eat-in island; and off street parking with assigned parking spot on property.
The building, a former school, is awesome, and so is the location, on a quiet block near Lincoln Park, Barracks Row, and the H Street Corridor. It boasts a solid Walk Score of 88, one of our favorite metrics here at the Cribline, meaning most errands can be done without a car.
There is an open house this evening (October 5th) from 5:30PM-7:30PM, and additional open houses this weekend beginning at 1:00PM. Check it out!
It’s just on the market for $600,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $600,000 of $120,000, the mortgage amount would be $480,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $2,900 per month. After tax deductions, the net payment would be about $2,050 per month. Home Owners Association fees run approximately $499 per month.
Happy House Hunting on Cap Hill!