Cribine DC House Pick of the Week – Classic Kalorama Row that Excites with Looks and Price
Check out this exquisite 5 bedroom 3.5 bath (approx. 3,650sf) grand Victorian home built in 1910 located in Kalorama at 1817 BELMONT Rd NW.
The style and details capture the home’s original character, while integrating modern touches and upgrades perfect for contemporary, luxurious, urban living.
Among the main features is a spectacular Chef’s Kitchen w/ Island Bar and coffered ceiling, a sumptuous Master Suite plus study, bonus Garden Studio, a LL in-law suite, and garage.
It’s on the market for $1,849,900. See how much this would cost in the Cribline Math analysis below.
Cribline Math analysis:
With 20 percent down on $1,849,900 of about $370,000, the mortgage would be about $1,480,000. At an estimated 3.75 percent interest rate fixed for 30 years, the gross payment would be about $8,400 per month. If the in-law suite was rented on Airbnb that would reduce the gross payment by an estimated $4,000 a month (maybe more). The final net payment would be about $3,000 after tax deductions.
Happy house hunting!