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The Cribline: Special Feature of the Week – Rare Capitol Hill Home | Real Estate

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The Cribline: Special Feature of the Week – Rare Capitol Hill Home
Real Estate
The Cribline: Special Feature of the Week – Rare Capitol Hill Home

Hello Cribline readers:

Occasionally, I’ll get a heads up on a listing (and I always welcome a heads up) on a special home that catches my eye.

Not until now have I felt compelled to have a special feature of the week, but this rare Capitol Hill home at 316 16th St, SE is one of a kind and represents some of the Hill’s best living. The home just came on the market.

This early 1900′s row house blends the traditional features with modern day amenities. These rarities come together in the new chef’s kitchen in the heart of the home between the living/dining rooms and the open loft-like family/entertainment/relaxation room. The open plan offers high ceilings and bountiful light, that leads out to a small patio and parking.

That’s just the first floor!

The home was architecturally re-designed in 2007, to enlarge the house significantly which included a large extension, an added level, a balcony, and a sunny roof terrace with wonderful views.

Now onto the second and third floors… they include 4 bedrooms and 3 baths.

And, finally, there's a roof deck

This home is listed at $829,500. The first open house is this weekend on Sunday from 1-4pm.

 

To the Point Analysis:

With 20 percent down of about $166,000, the mortgage amount would be about $663,000. With interest rates around 4 percent, we estimate the gross monthly payment to be around $3,850/mo. After the tax deductions, we estimate the final net payment to be around $2,800/mo.

I know many people renting 2 bedroom one bath apartments for that amount, and rents keep rising.

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