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Deal of the Week: Two-Bedroom Condo in Takoma Gated Community

  • November 24th 2009

by Mark Wellborn

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Deal of the Week: Two-Bedroom Condo in Takoma Gated Community: Figure 1

This week’s Deal of the Week is a two-floor, two-bedroom unit in the Watkins Condos development in Takoma DC. The development is essentially a gated community with secure entry and private parking for all the units. The unit itself measures out at about 1,000 square feet with a wall of windows in both the living room and master bedroom. There are hardwood floors throughout as well as a wood-burning fireplace in the living room. With the Takoma Metro stop on the Red Line about two minutes away, the convenience and price per square foot of this home makes it a very good deal. More photos and info below. For the full listing, click here.

Deal of the Week: Two-Bedroom Condo in Takoma Gated Community: Figure 2
Living Room

Deal of the Week: Two-Bedroom Condo in Takoma Gated Community: Figure 3
Master Bedroom

408 Cedar Street NW, #13-G (see map here)


  • Price: $335,000
  • Bedrooms: Two
  • Bathrooms: 1.5
  • Square Footage: 1,000
  • Price per SF: $335
  • Year Built: 1984

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.85 percent.

  • Loan Amount: $268,000
  • Principal and Interest: $1,414
  • Taxes and Fees: Approximately $660
  • Est. Insurance: $50
  • Total Monthly Payments: $2,124

See other articles related to: dclofts, deal of the week, takoma, watkins condos

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week_two-bedroom_condo_in_takoma_park_gated_community/1544.

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