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Two Residences Combined, Logan Luxury Pick

Two Residences Combined, Logan Luxury Pick

Own two residences combined in today’s Cribline Luxury House Pick of the Week, located at 1309 P St. NW in the heart of Logan Circle.

Originally built in 1990, this is the first offering by the original developer and features two (2) bedrooms, three (3) bathrooms, and over twenty five hundred (2,500) square feet of livable space. This listing provides extraordinary space for entertaining with an open floor plan/ concept; generous living/dining areas with separate wet bar and custom built-ins; two (2) master bedroom suites; home office and/or gym, two (2) powder rooms, two (2) full baths, two (2) large patios, two (2) gas fireplaces and secure parking for two (2) cars. This house has two of everything, and was originally two separate units, hence the two residences combined advertisement. 

Its location, perfectly situated in the heart of Logan Circle, boasts a Walk Score of 97!! That’s a record high for a Cribline House Pick from this neighborhood. There is an open house this Saturday, October 14, 2017 from 1:00PM to 4:00PM. Come check it out!

It’s just on the market for $1,449,000. See how much this will cost per month in the Cribline math analysis below:

DC10076752_0 DC10076752_1_0 DC10076752_2_0 DC10076752_6_0 DC10076752_8_0 DC10076752_10_0 DC10076752_11_0 DC10076752_13_0 DC10076752_16_0 DC10076752_20_0 DC10076752_24_0 DC10076752_27_0 DC10076752_29_0

Cribline Math Analysis:

With 20 percent down on $1,449,000 of $289,800, the mortgage amount would be $1,159,200. At an estimated 4 percent interest rate fixed for 30 years the gross payment would be about $7,000 per month.  After tax deductions, the net payment would be about $4,900 per month. Home Owners Association fees run about $530 per month. 

Not a bad price for two residences combined!

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