Prime Investment Opp, Luxury 2 Bdr Loft Condo in Eckington
Check out the Cribline’s Investment House Pick of the Week, an incredible brand new luxury loft style condo, located at 1912 3rd St. NE in Eckington.
This two (2) bedroom, two (2) bathroom condo boasts over 1,477 square feet of livable space and features tremendous double height nine (9) foot ceilings; an innovative floor plan, featuring European White Oak wide plank flooring throughout the unit; a gourmet chef’s kitchen with Carrara Marble counters and stainless steel appliances; stacked washer and dryer; private patio; luxury bathrooms; industrial metal stairs; oversized windows; Elfa closets; a separate entrance, and crisp custom finishes throughout.
Its prime location in Eckington, exactly one mile north of the Capitol Building, is just blocks from Union Market, Union Station, Trader Joe’s, and two metro stations. You cannot beat that.
Cribline Math Analysis:
With 20 percent down on $649,900 of $129,980, the mortgage amount would be $519,920. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $3,100 per month. After tax deductions, the net payment would be about $2,180 per month.
Happy House Hunting!