Good Deal or Not? Reader Request Affordable Edition

northcapcondo

This condo is located at 5200 North Capitol Street, NW:


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The flier says:

“ART DECCO POST-WAR GARDEN COOPERATIVE, SITUATED WITHIN BLOCKS OF FORT TOTTEN METRO. COOP FEE OF $542.66 INCLUDES ALL UTILITIES AS WELL AS PROPERTY TAXES AND MAINTENANCE. FRESHLY PAINTED WITH NEW CARPET AND APPLIANCES. COMPARE AND YOU’LL SEE THIS A QUITE A VALUE! COOP FEE INCLUDES UTIL,COMMON AREA MAINTENANCE, WATER AND UNDERLYING MTGE PAYMENT.”

You can find more info and photos here.

A reader who lives in this building sent in the above condo after we had a discussion on the small loft for sale in Mt. P above Tonic. This 2 bed/1 bath is going for $149,500. Sound reasonable?

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