Deal of the Week: A Logan Circle Steal

By Mark Wellborn UrbanTurf
|  Wednesday, Jun 9, 2010  |  Updated 2:16 PM EDT
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Deal of the Week: A Logan Circle Steal

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For this installment of Deal of the Week, we find an 1,100-square-foot two-bedroom in Logan Circle that has a number of attributes making it worthy of this feature. The first is price per square foot. At $496, it is a solid $30 lower than the average price per square foot in the neighborhood, and if you factor in that the listing price includes parking, it looks like an even better deal. The second is the layout.

While the bedrooms won't be the largest that you'll find in the neighborhood, the living room has a loft-like feel with high ceilings, hardwood floors and a fireplace. Lastly, is the unit’s location. The block of R Street where this unit is located is smack in the middle of Logan Circle, three blocks north of Whole Foods and three blocks south of the U Street Metro on the Green Line. More details and photos below. For the full listing, click here.

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Exterior of 1326 R St. N.W.
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Stairs into Living Room
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Kitchen

1326 R St. N.W. #4 (map)

  • Price: $549,900
  • Bedrooms: Two
  • Bathrooms: Two
  • Square Footage: 1,111
  • Year Built: 1890

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

  • Loan Amount: $439,920
  • Principal and Interest: $2,362
  • Property Taxes: $595/month
  • Total Monthly Payments: $2,957

 

More recent articles about D.C.-area real estate from UrbanTurf:

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