Deal of the Week: Two-Bedroom Condo in Takoma Park

The Red Line's about two minutes away

By Mark Wellborn
|  Tuesday, Nov 24, 2009  |  Updated 4:30 PM EDT
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Deal of the Week: Two-Bedroom Condo in Takoma Park

UrbanTurf

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This week’s Deal of the Week is a two-floor, two bedroom unit in the Watkins Condos development in Takoma Park, D.C. The development is essentially a gated community with secure entry and private parking for all the units. The unit itself measures out at about 1,000 square feet with a wall of windows in both the living room and master bedroom. There are hardwood floors throughout as well as a wood-burning fireplace in the living room. With the Takoma Metro stop on the Red Line about two minutes away, the convenience and price per square foot of this home makes it a very good deal. More photos and info below. For the full listing, click here.

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Living Room
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Master Bedroom

408 Cedar Street NW, #13-G (see map here)

 

  • Price: $335,000
  • Bedrooms: Two
  • Bathrooms: 1.5
  • Square Footage: 1,000
  • Price per SF: $335
  • Year Built: 1984

 

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.85 percent.
 

  • Loan Amount: $268,000
  • Principal and Interest: $1,414
  • Taxes and Fees: Approximately $660
  • Est. Insurance: $50
  • Total Monthly Payments: $2,124

 

More recent articles about DC area real estate from UrbanTurf:

 

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