Deal of the Week: Seven Bedrooms on North Capitol

• May 28, 2012
• 2 Comments

by UrbanTurf Staff

1813 North Capitol Street NE

If you are in the market for a big home and willing to live on one of DC’s busiest streets, this installment of Deal of the Week may be right up your alley.

The four-level Victorian sits on North Capitol Street just to the southeast of the center of Bloomingdale. Sold as-is, the home has its original finishes and is expansive. There are seven bedrooms, four fireplaces, a rear deck and balcony and the original finishes and woodwork are still intact. There is also a two-bedroom English basement (included in the bedroom count above) that rents for $1,075 a month, according to the listing.

Priced at $499,000, this home is sure to attract its fair share of attention, but there are a few issues despite its bargain-worthiness. The home has just 2.5 bathrooms for seven bedrooms, so the eventual owner will probably want to add at least one more. And the noise associated with the home’s location right on North Capitol should not be underestimated. Still, the home is priced so well that we imagine it will be too good a deal for buyers to pass up.

More details and photos below.

• Address: 1813 North Capitol Street NE (map)
• Price: $499,000
• Bedrooms: Seven
• Bathrooms: 2.5
• Year Built: 1900
• Listing Agent: Morgan Knull, RE/MAX Gateway

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.95 percent.

• Loan Amount: $399,200
• Principal and Interest: $1,894
• Property Taxes: $257/month
• Total Monthly Payments: $2,151

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_seven_bedrooms_on_north_capitol/5586

2 Comments

1. Graham said at 2:37 pm on Tuesday May 29, 2012:
   This can be done with 10% down on my portfolio loan if it's considered a true two-unit, otherwise Fannie Mae will need 20% down. We have great portfolio money for things that don't quite fit into Fannie Mae's rules.

1. ectoplasm said at 3:14 pm on Tuesday May 29, 2012:
   This place is in Eckington.