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Deal of the Week: Buy This With a Friend

  • July 13th 2010

by Mark Wellborn

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Deal of the Week: Buy This With a Friend: Figure 1

For this installment of Deal of the Week, we find a two-bedroom coop in Kalorama that we think would be a good buy for a couple of young friends who want to live in the neighborhood, don’t want to rent, and can come with the down payment $$. The unit has great views from every room, a kitchen with custom concrete counters, two good-sized bedrooms and access to a spacious roof deck. Of the 13 active or under contract two-bedroom coops in the area, there are only two lower in price (and neither has this unit’s view). The average rent for a two-bedroom in Kalorama hovers around $2,500; the monthly payments on this unit would be about $2,400 if you factor in insurance. More details and photos below. For the full listing, click here.

Deal of the Week: Buy This With a Friend: Figure 2
Kitchen

Deal of the Week: Buy This With a Friend: Figure 3
Master Bedroom

Deal of the Week: Buy This With a Friend: Figure 4
Second Bedroom

Deal of the Week: Buy This With a Friend: Figure 5
Roof Deck

2100 19th Street NW, #502 (map)


  • Price: $399,900
  • Bedrooms: Two
  • Bathrooms: One
  • Year Built: 1928

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.7 percent.

  • Loan Amount: $319,920
  • Principal and Interest: $1,659
  • Coop Fees (Includes Taxes): $543/month
  • Total Monthly Payments: $2,202

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See other articles related to: co-ops, dclofts, deal of the week, kalorama

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week_buy_this_with_a_friend/2256.

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