Gem of a Unit in Kalorama’s Westmoreland, Affordable
Check out this gem of a unit in Kalorama’s distinguished Westmoreland, a classic six-story NY-style beaux arts building located at 2122 California St. NW #254 in the center of one of DC’s most expensive neighborhoods.
Originally built in 1905, this one (1) bedroom, one (1) bathroom condo provides its owner with a versatile layout that features: spacious sleeping area that fits a queen bed and offers additional storage space; open floor plan with space for entertaining; kitchen with high-end stainless steel appliances and granite countertops. The Westmoreland boasts spectacular views from its roof deck, extra storage underground, lobby attendants, and is within walking distance of Dupont Circle and Woodley Park Metro stations. This particular unit features an ultra-low coop fee that includes tax and utilities as well. There is an open house this Sunday from 1:00PM-3:00PM. Check it out for yourself!
It’s just on the market for $290,000. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $290,000 of $58,000, the mortgage amount would be $232,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $1,435 per month. After tax deductions, the net payment would be about $1,025 per month. Home Owners Association fees will run an additional $269 per month, for a grand total of $1294 per month.
Happy House Hunting in Kalorama’s Westmoreland for that price!