New Construction, Steps to White House
Check out this new construction and also our Cribline House Pick of the Week, located at 1108 16th St NW #501 downtown near the White House in the Adele!
This mid-rise French Provincial style building boasts Washington Monument and White House views. Its many features include: two (2) bedrooms, two and a half (2.5) bathrooms, and nearly 1,700 square feet of livable space. Additionally it boasts secure garage or valet parking with elegant custom finishes including: 7″ hardwood flooring throughout; top-of-the-line Thermador appliances; marble bathrooms with heated floors; Woodmode cabinets; Calcutta Gold quartz counters, and custom closets.
This intimate boutique condo features 14 luxurious units with one and two bedroom floor plans with 700 – 2,100 SF of living space. There is a roof terrace with White House and Monument views, summer kitchen; 24 hour concierge, and safe and secure access. Its coveted downtown locale is mins from metro, restaurants, shopping and boasts a Walk Score of 99! That is an all-time record for Cribline House Picks of the Week.
It’s just on the market for $1,699,900. See how much this will cost per month in the Cribline math analysis below:
Cribline Math Analysis:
With 20 percent down on $1,699,900 of $339,980, the mortgage amount would be $1,359,920. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $8,450 per month. After tax deductions, the net payment would be about $7,900 per month. Home Owners Association Fees run approximately $1,277 per month.
Happy House Hunting near the White House!