Hot Historic Town Home, Lincoln Park
Check out this hot historic town home located at 1215 Independence Avenue NE, just a block away from the iconic Lincoln Park!
This three (3) bedroom, three-and-a-half (3.5) bathroom home features nearly twenty-two hundred (2,200) square feet of livable space and boasts soaring nine (9) foot ceilings; luxurious dark hardwoods; four (4) fireplaces; spacious spa-like master bathroom with sauna; remodeled gourmet kitchen with new cabinets, granite counters, and heated slate flooring.
The top level bedrooms feature new en-suite bathrooms, and a sunny breakfast room opens to fully fenced back yard with brick patio that blends perfectly with the charm of the Lincoln Park neighborhood. Bonus points for secure parking and proximity to H Street Corridor and Eastern Market shops, dining, and transportation hubs.
There is an open house this Saturday, May 13, 2017 at 2:00 PM where you can check the home out for yourself. It’s just on the market for $1,249,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $1,249,000 of $249,800, the mortgage amount would be $999,200. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $5,900 per month. If you were to rent out a boat slip for $1,000 per month, that would reduce the gross payment to $22,200 per month. After tax deductions, the net payment would be about $4,200 per month.
Happy House Hunting in Lincoln Park!