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Thurs. Afternoon Rental Option – Living Large in Kalorama

This rental is located at 2138 Bancroft Place, NW:

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The listing says:

“Spectacular Kalorama residence w/esteemed history & up-to-date renovations. Approx. 6000 sq. ft: 5 bedrooms/4 full baths/3 half baths; 2-car garage; chef’s kitchen w/ Viking & Bosch, granite, adj. stone terrace; grand open staircase, spanning main floor to exclusive roof-top terrace overlooking panoramic views of DC & Washington Monument!”

This 5 bedrooms/4 full baths/3 half baths is going for $11,000/Mo.

Category: Dupont Circle, Kalorama, Rental of the Day

By: Prince Of Petworth | 17 January 2013 3:00 PM | 15 Comments

blen18

wow 11K! hmmmm I dont know about that….its a pretty nice area how 11K is a little pushing it.

January 17, 2013 at 3:03 pm
- rowsdower
  
  11k/month would roughly equal the mortgage of a 2.5 million dollar house, which actually seems low for a 6000 square foot house in Kalorama.
  
  January 17, 2013 at 3:51 pm
- kev29
  
  Yeah, a transferred World Bank employee might have to go slightly over their per month housing allowance!
  
  January 17, 2013 at 4:11 pm
Anonymous

Group house for yuppie hipsters (yipsters?)?

January 17, 2013 at 3:53 pm
Anonymous

Yeah, it’s hard to see who the market for this would be. With 5 bedrooms it’s simply too expensive to be a group house even if you had a couple in each room. And it doesn’t work as a family home because really any family that can afford 11K per month can buy a house and build some equity.

January 17, 2013 at 3:54 pm
- textdoc
  
  Maybe someone very well-paid at the IMF or World Bank who has a family in tow?
  
  January 17, 2013 at 4:10 pm
  - kev29
    
    Ha – beat me to it.
    
    January 17, 2013 at 4:12 pm
  - thomsenite
    
    Or a corporate lawyer or someone equally well compensated that is only in DC for the short term. Still probably a relatively niche market.
    
    January 18, 2013 at 9:47 am
- Anonymous
  
  Or a higher-level diplomat..
  
  January 17, 2013 at 4:20 pm
zero_sum

This thing has been on the rental market for a looooooooooong time. Maybe a year? I guess whomever owns it must have the financial means (or they own it outright?) to let it sit empty.

If I was getting married, I’d offer them a couple thousand for a 24 hour rental for a wedding. It would probably be a lot cheaper than most other venues in the city.

January 17, 2013 at 4:05 pm
- andy2
  
  Or rent it for a month – and sublet it for 3 additional weddings/functions.
  You could make money on your wedding!
  
  January 17, 2013 at 4:45 pm
Anonymous

Wow, I’m always railing that the Rent Is Too Damned High, but this one might be the first that I’ve just basically laughed because it’s just too silly.

January 17, 2013 at 4:12 pm
GT

I think you are underestimating the average pocket depth of some regular ole GT or GWU students. I’ve seen much nicer and more expensive go to glorified group homes where each student was paying 2000-2500 a month to share a bathroom.

January 17, 2013 at 5:52 pm
- GT
  
  Been there, done that. I thought I was cool at the time. Now? Not so much.
  
  If your budget stretches to the $11k threshold, quite likely you’re only planning to rent that house for a short while. Maybe you’re here on temporary assignment? Maybe your home is being renovated? But it makes little financial sense otherwise.
  
  January 17, 2013 at 6:01 pm
- z
  
  ….renters might be able to afford it as a group house, but the owner likely wants to protect the asset and not rent to a group…
  
  January 18, 2013 at 10:22 am