Cap Hill House of the Week, Near Stadium Armory Metro
Check out the Cribline Capitol Hill House Pick of the Week, located 225 14th St NE near the Stadium Armory Metro on the Hill.
Originally built in 1910, this renovated 1,500 square feet, three (3) bedroom, two and a half (2.5) 3 BR/ 2.5 extra wide Federal row house has a fantastic location on the Hill. You are blocks to all the retail and restaurants H Street offers plus the Metro. Its many other features include hardwood floors, exposed brick, soaring high ceilings, stainless steel appliances, fireplace, recessed lighting, open floor plan with versatile space, landscaped front yard and oversized fully fenced private courtyard, lower & upper decks. All prepped! The very first open house is this Saturday, June 23, 2018 from 2:00PM-4:00PM and there is another one on Sunday, June 24, 2018, from 1:00PM-4:00PM.
It’s just on the market for $799,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $799,000 of $159,800, the mortgage amount would be $639,200. At an estimated 4.5 percent interest rate fixed for 30 years the gross payment would be about $3,600 per month. If you were to rent out a bedroom for $1,000 per month, that would reduce the gross payment to $2,600 per month. After tax deductions, the net payment would be about $2,200 per month.
Happy House Hunting on Cap Hill!