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Condo in the Richmond, $516K, Walk Score 99!

Condo in the Richmond, $516K, Walk Score 99!

Rounding out the week with an unofficial “snow day” – and a Cribline Most Affordable House Pick of the Week, a bright and open one (1) bedroom condo at The Richmond, located at 1401 17th St NW, in Dupont Circle just listed for $516,000.

The Richmond is a contemporary high-rise condo located on 17th street between O Street and P Street in Dupont Circle. Delivered in 1987, the 10-story building is pet-friendly, offering 130 residences distinguished by private balconies and hardwood floors. Additional amenities include secure desk/entry, pool with lounging area and garage parking available for a separate fee. The closest Metro Station to The Richmond is Dupont Circle.

Unit #611 is a one (1) bedroom, one (1) bathroom unit boasting over seven hundred (700) square feet of livable space with additional features including an open living room, surrounded by windows on every side, providing tons of natural light; walk out balcony, offering amazing courtyard view from kitchen. The bedroom boasts french doors and an en-suite bath. There is a washer and dryer in unit and plenty of storage space. Included in the building are access to a beautiful outdoor pool and BBQ for entertaining. Secure garaged parking is also included in the price! But with a Walk Score of 99, you might not need it!

It’s just on the market for $516,000. See how much this will cost per month in the Cribline math analysis below:

Cribline Math Analysis:

With 20 percent down on $516,000 of $103,200, the mortgage amount would be $412,800.  At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $2,800 per month. After tax deductions, the net payment would be about $2,100 per month. 

Happy House Hunting at the Richmond!

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