2110 Vermont Avenue NW
While the price per square of this installment of Deal of the Week is fairly average, the lower level rental brings the monthly outlay into deal territory.
2110 Vermont Avenue NW is located about half a block from an UrbanTurf favorite — Blind Dog Cafe — and across the street from the 9:30 Club.
The home is divided into two living areas: the first and second stories contain a living room, kitchen, master bedroom and a large bathroom, and the lower level has a studio-like living space, a smaller kitchen, and a bathroom. With two entrances, the lower level is a legally rentable unit that the current owner leases for $1,100 per month. By our calculations, that should cover more than half of a typical monthly mortgage payment.
While the main house only has one bedroom, it could be a good condo alternative, with the additional perk of having a deep, landscaped backyard. More photos and details below.
- Full Listing: 2110 Vermont Avenue NW (map)
- Price: $499,000
- Bedrooms: Two
- Bathrooms: Two
- Year Built: 1900
- Price per Square Foot: $426
- Listing Agent: Jeffrey Sachse, TTR Sotheby’s International Realty
Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.6 percent.
- Loan Amount: $399,200
- Principal and Interest: $1,815
- Property Taxes: $273
- Total Monthly Payments: $2,088
Photos courtesy of HomeVisit.
This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_u_street_condo_alternative_with_a_rental_unit/6836
Most Popular... This Week • Last 30 Days • Ever
The Somerset House, an 84-unit building at 16th and S Street NW, is converting from... read »
One of UrbanTurf's most popular features is Pipeline, our database of multifamily... read »
Political consultants Mary Matalin and James Carville purchased a 5,000 square-foot... read »
The trouble with open-concept kitchens; the elusive million-dollar home; and a NoMa... read »
Real estate investor and Washington Post contributor Justin Pierce says flipping... read »
Eataly has signed a letter of intent for somewhere in the vicinity of 30,000 to... read »
Small living is about to take on a whole new meaning on one of the city's hippest... read »
An oversupply of apartments and an undersupply of condos can't be fixed by... read »
A new Zillow study examined affordability by zip code in the country's top metros.... read »
How much does a deeded parking spot run you in the District? And what about renting?... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting... read »
President Obama travels to Denver this morning to sign the stimulus bill that has... read »
At Wednesday night's ANC 2F Design Review Committee meeting, developers presented... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We’ve collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!