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Tuesday's Deal of the Week

  • October 6th 2009

by Mark Wellborn

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Tuesday's Deal of the Week: Figure 1

This week’s Deal of the Week is a two-bedroom-plus-den corner unit in the heart of the U Street Corridor that may be the best-priced new condo of its size in the neighborhood. The 1,200 square-foot property at the Solea has floor-to-ceiling windows, downtown views, a den that could easily serve as a third bedroom and a garage parking space. The price was recently reduced by $50K, making the unit just $414 per square foot. (Compare that to over $500, which is common in the U Street Corridor.) More photos and info below. For the full listing, click here.

Tuesday's Deal of the Week: Figure 2
Living Room

Tuesday's Deal of the Week: Figure 3
Kitchen

Tuesday's Deal of the Week: Figure 4
Master Bedroom

1414 Belmont Street NW, #104 (see map here)


  • Price: $499,900
  • Bedrooms: Two
  • Bathrooms: Two
  • Square Footage: 1,207
  • Price per SF: $414

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.98 percent.

  • Loan Amount: $400,000
  • Principal and Interest: $2,142
  • Monthly Fees: Approximately $432
  • Est. Insurance: $50
  • Total Monthly Payments: $2,624

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

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/tuesdays_deal_of_the_week25/1383.

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