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Good Deal or Not? “Oversized upper deck” edition
This condo is located at 809 Maryland Avenue, NE:
The listing says:
“A very bright & Charming 2-Level Condominium Residence in historic Capitol Hill. Beautiful finishes and gourmet kitchen. Gated 2-Car tandom-deeded space. Bamboo H/W on all floors. Very private. Oversized upper deck adds to the enjoyment of active life. Walking to Metro, Dynamic Eastern Market, Union Station.”
You can see more photos here and a virtual tour here.
This 2 bed/2 bath is going for $584,500 ($191 monthly fee.)
Category: Capitol Hill, Real Estate
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Recent Comments
Anon
3:39am
I live literally across the street in a two bedroom and total rent is over $1000 less a... 
Logan_Lady
1:17am
Obviously--the building is haunted.
11:07pm
Not really non-traditional, but for me it's hard to beat a nice thick (1-2") ribeye or...
10:33pm
It may be too early for this one, but last summer I grilled peaches (with brown sugar and...
Mike
10:00pm
I swear that every summer, outdoor movie line-up features the same films. I realize that...
The layout is kind of weird… and pretty pricy for a two bedroom that far from metro. Cap Hill though…
Easy 10 minute walk down D or E St from Union Station. $460 per sq/ft isn’t out of line for that neighborhood – just keeps going up and up.
I am sure it will sell and pretty close to asking.
Don’t think it is a great deal as you can still get a decent rowhome in the area for same cost.
Not really, but maybe for $50k more
Ok but even still, 50K does not equate to $191 in mortage payment.
According to Redfin, 695K is the closest I can find for a row home in that area. – so its really another 100K, not 50K, more.
Ok maybe immediate area, but expand several blocks and I’m sure you can find something for list price. Besides I’d 100K extra for an additional bedroom, plus a basement with additional bath is worth it no? Even more so if it has a rental unit. If you would live in this area, I’d go out on a limb and say you’d look north of H street area. Just my opinion.
But that’s a really nice immediate are. People pay for immediate areas.
The condo fee is too low and is meant to make the high price seem less burdensome–it’s likely to escalate in the future. The $191/mo is less than what a homeowner can easily spend on routine stuff that would be subsumed in a condo fee. Homeownership comes with costs and a house has bigger utility bills/demands.
I want to know more about how a deck helps with the “enjoyment of active life.”
Ugh, I would not live by that 7-11 on the corner or the crosstown bus stops. Too much craziness…
The price is in line with the neighborhood (said as someone who lives a block down Maryland and pays close attention to the market). The person who mentions being willing to pay $100k more for another bedroom misses the point. And no, you won’t find anything at this price in this area that also has a basement rental. It is close to a sketchy 7-11, though.
hope you like 7-11 and all the drama it brings.
No way would I live next to that 7-11. Always way too much activity and loitering around there.