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Renovated Wardman, Bloomingdale, $2,330 per Month!

Renovated Wardman, Bloomingdale, $2,330 per Month!

Check out this totally remodeled Wardman style row home in Bloomingdale, located at 4 W St. NW, our Cribline House Pick of the Week. 

The style is named after Harry Wardman, a real estate developer in Washington, D.C. during the early 20th century whose developments included landmark hotels, luxury apartment buildings, and of course, many rowhouses. When he died in 1938, one-tenth of the residents of Washington were said to live in his eponymous style home

This particular Wardman boasts four (4) wide bedrooms; three-and-a-half (3.5) bathrooms; nearly twenty-three hundred (2,300) square feet of livable space with an open floor plan, ideal for comfortable living or grand entertaining; an elegant chef’s kitchen with top-of-the-line-appliances; beautiful oak wood floors throughout; a fantastic deck; and a finished basement with egress and secure parking. And it has a Walk Score of 85

It’s just on the market for $910,000. See how much this will cost per month in the Cribline math analysis below:

Renovated Wardman DC10049344_2_0 DC10049344_4_0 DC10049344_5_0 DC10049344_7_0 DC10049344_9_0 DC10049344_10_0 DC10049344_12_0 DC10049344_16_0 DC10049344_20_0

Cribline Math Analysis:

With 20 percent down on $910,000 of $182,000, the mortgage amount would be $728,000. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $4,325 per month. If you were to rent out the guest suite  for $1,000 per month, that would reduce the gross payment to $3,325 per month. After tax deductions, the net payment would be about $2,330 per month. 

Happy Wardman Style House Hunting!

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