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.
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
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