Deal of the Week: Competitively Priced Victorian Near Lincoln Park

by Mark Wellborn

16 10th Street NE

Presently, there are 25 homes for sale within a five-block radius north of Eastern Market with a median asking price of $899,000. The median asking price approaching seven figures might have something to do with why over 100 people visited this past weekend’s open house at 16 10th Street NE. The three-bedroom, two-bath home is attractive for a number of reasons including the unpainted brick facade and iron stairs, the combined kitchen-dining room area and the home’s outdoor space, which includes a rear deck that overlooks a back patio and a small roof deck that looks out at the gardens of the neighboring houses. (There is also a lower level in-law suite with front and rear entrances that currently rents for $1,200 a month.)

But what likely caught most people’s eye was the price tag. Prospective buyers in Capitol Hill will find it fairly difficult these days to find a full house this close to Eastern Market for less than $800,000. At $416, the price per square foot of 16 10th Street NE is well-below market for the area and one of the last homes of this size to sell in the vicinity fetched $789,000 and was under contract in three days.

More details and photos below. For the full listing, click here.

Living Room
  • Address: 16 10th Street NE (map)
  • Price: $775,000
  • Bedrooms: Three
  • Bathrooms: Two
  • Square Footage: 1,863

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.7 percent.

  • Loan Amount: $620,000
  • Principal and Interest: $3,216
  • Property Taxes: Approx. $419/month
  • Total Monthly Payments: $3,635
Rear Deck
Roof Deck

Photos courtesy of HomeVisit.

See other articles related to: lincoln park, deal of the week, dclofts, capitol hill

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_competitively_priced_victorian_near_lincoln_park/2860


  1. jones said at 9:54 am on Tuesday January 18, 2011:

    I was one of the dozens that showed up at the listing this weekend and then immediately ran home and crunched the numbers to see if an offer was possible. Unfortunately, it wasn’t in the cards, but this is a great house that won’t be around very long.

  1. 10th St said at 10:46 am on Tuesday January 18, 2011:

    Wow, that seems wildly underpriced.  Am I missing something?

  1. Buffalo said at 12:02 pm on Tuesday January 18, 2011:

    Beautiful. Nice $1,200 rental income to offset the mortgage.

  1. Ginger said at 10:16 am on Wednesday January 19, 2011:

    Not overpriced at all. I am not the real estate for this property but am an agent in DC. This is very well priced property. It offers an amazing location and good space. Most importantly it is particularly attractive to the buyer that is moving up from, say, a two bedroom condo. With the rental income to offset the mortgage, its a fabulous opportunity.

Comments are closed.

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!

Northern Virginia

Profiles of 14 neighborhoods across Northern Virginia

Looking to Give People A Reason to Stay Past 6pm
Happily Straddling the Line Between City and Suburb
Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
Crystal City
Turning Lemons into Lemonade
Lyon Village
Developing An Air of Exclusivity?
Hitting Its Growth Spurt
An Urban Village Hitting Its Stride
Del Ray
Virginia’s Small Town Near the Big City
Eisenhower Avenue
The Vibrancy Might Take a Few Years
The Quiet Neighborhood By the Beltway
Old Town
Mayberry By The Potomac
132 Commerical-Free Acres
Downtown Falls Church
Staying the Same in the Midst of Change
Tysons Corner
Radical Change Could Be On The Way

See more Northern Virginia »


Profiles of 14 neighborhoods in suburban Maryland

Small-Town Living in the State Capital
Bedroom Community Gets Buzzing Cache
Cabin John
In With The New While Maintaining the Old
Chevy Chase
Affluence, Green Lawns and Pricey Homes
Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
A Suburb on Steroids
Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
Takoma Park
More Than a Little Bit Quirky
A Foodie Magnet on the Verge of Change
Capitol Heights
Kudzu, Front Porches and Crime
Glass Half Full or Half Empty?
Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
National Harbor
A Development Rises Next to the Potomac
Riverdale Park
A Town Looking For Its Identity

See more Maryland »

Northwest DC

30+ neighborhood profiles for the city's biggest quadrant

16th Street Heights
DC's Sleeper Neighborhood
Where (Almost) Everyone Knows Your Name
AU Park
One of DC’s Last Frontiers Before the Suburbs
DC’s Northern Neighborhood on the Cusp
DC’s 535 House Neighborhood
Cathedral Heights
Do You Know Where That Is?
Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
Cleveland Park
Coming Back After A Rough Year
Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
An Island of Serenity East of the Park
Dupont Circle
The Best of DC (For a Price)
Foggy Bottom & West End
Where the Institutional Meets the International
Forest Hills
Ambassadors and Adventurous Architecture
Foxhall Village
350 Homes Just West of Georgetown
Friendship Heights
A Shopping Mecca With a Few Places to Live
History, Hoyas and H&M
Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
A Posh View From Embassy Row
LeDroit Park
A Quiet Enclave in the Middle of the City
Logan Circle
Trendy Now, But Not By Accident
Mount Pleasant
Sought-After Homes Surround Main Street in Transition
Mount Vernon Triangle
From Seedy to Sought-After
The Long, Skinny Neighborhood at the City’s Northwest Edge
Park View
It’s Not Petworth
Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
Getting a Vibrancy of Its Own
The Duke’s Former Stomping Ground
Shepherd Park
DC’s Garden of Diversity
Spring Valley
A Suburb With a DC Zip Code
Not To Be Confused With Takoma Park
Not Quite Like Its Neighbors
U Street Corridor
The Difference a Decade Makes
Woodley Park
Deceptively Residential
Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents

See more Northwest DC »

Southwest DC

The little quadrant that could

Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come

See more Southwest DC »

Northeast DC

Profiles of 10 neighborhoods in NE

New Development Could Shake Up Pastoral Peace
A Little Bit of Country Just Inside the District’s Borders
Not to Be Confused With Bloomingdale
Fort Totten
Five Years Could Make a Big Difference
H Street
A Place To Party, and To Settle Down
The Northeast Neighborhood That Few Know About
Michigan Park
A Newsletter-On-Your-Doorstep Community
Evolving from a Brand to a Neighborhood
Ripe for Investment Right About Now
The Difference 5 Years Makes
Big Houses, A Dusty Commercial Strip and Potential

See more Northeast DC »

Southeast DC

6 neighborhoods from Capitol Hill to East of the River

Capitol Riverfront
Still Growing
Hill East
Capitol Hill’s Lesser Known Neighbor
Congress Heights
Gradually Rising
Notable for Its Neighborliness
Historic Anacostia
Future Promise Breeds Cautious Optimism
Eastern Market
A More European Way of Living

See more Southeast DC »

Upcoming Seminars ▾