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Deal of the Week: Under $300/Square Foot on Capitol Hill

  • March 22nd 2011

by UrbanTurf Staff

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Deal of the Week: Under $300/Square Foot on Capitol Hill: Figure 1
1233 F Street NE, Unit B

This installment of Deal of the Week lies at the intersection of Capitol Hill, the H Street Corridor and the neighborhood that has been coined Hill East. The 1,780 square-foot two-bedroom plus den listing has a two-level floor plan with a large main level that includes a living/dining area, a fireplace and a patio, and an upper level with two bedrooms and a den, plus a balcony. In addition to a price per square foot of just $298, the listing has low monthly fees and comes with a parking space.

Deal of the Week: Under $300/Square Foot on Capitol Hill: Figure 2
Living Area

There aren’t many condos in the vicinity to compare this unit to, but an 1,130 square-foot two-bedroom unit a few blocks to the west sold for $535,000 not too long ago. Two-bedroom homes nearby that have less square footage and interiors in need of updating have also been selling for $30,000 to $40,000 more than what this listing is asking.

More details and photos below.

  • Address: 1233 F Street NE, Unit B (map)
  • Price: $529,990
  • Bedrooms: Two
  • Bathrooms: 2.5
  • Square Footage: 1,780
  • Price Per Square Foot: $298

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.8 percent.

  • Loan Amount: $423,992
  • Principal and Interest: $2,225
  • Condo Fees: $188/month
  • Total Monthly Payments: $2,413

Deal of the Week: Under $300/Square Foot on Capitol Hill: Figure 3
Living Room Into Kitchen

Deal of the Week: Under $300/Square Foot on Capitol Hill: Figure 4
Bedroom

Deal of the Week: Under $300/Square Foot on Capitol Hill: Figure 5
Rear Balcony

Photos courtesy of Chris Zimmer Photography

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week_under_300_square_foot_on_capitol_hill/3194.

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