1000 NEW JERSEY AVE SE #1026
Washington, DC 20003

Description:

-Exceptional Value in Capitol Hill Tower — Asking $365,000 with a 2.89% Underlying Mortgage! Take advantage of a financing structure that sets this one-bedroom home apart. The $365,000 asking price includes an underlying mortgage balance of approximately $98,846 at a very attractive 2.89% interest rate, reducing the purchaser’s remaining acquisition price to approximately $266,154. With 10% down on that amount, the fee breakdown estimates a down payment of approximately $26,615. The total monthly co-op payment is $1,094, consisting of $456 toward the underlying mortgage, $209 in DC real estate taxes, and $429 in co-op maintenance fees. Welcome to this inviting one-bedroom residence at Capitol Hill Tower, offering a comfortable layout and the convenience of city living. The open living area features beautiful wood flooring and flows naturally into the kitchen, creating an easy space for everyday living and entertaining. The kitchen is appointed with granite countertops, warm wood cabinetry, stainless-steel appliances, gas cooking, dishwasher, and a breakfast bar overlooking the living area. The spacious bedroom offers a large window providing abundant natural light and ample room for additional furniture and storage. A full bath with a generous vanity and tub/shower combination completes the home. An especially valuable convenience is the in-unit washer and dryer, making everyday living even easier. The HVAC is less than 5 years old. Located at 1000 New Jersey Avenue SE, enjoy the energy and convenience of the Navy Yard/Capitol Hill neighborhood, with Metro access and the restaurants, shops, entertainment, parks, and waterfront attractions of the surrounding area close at hand. A compelling opportunity to own a one-bedroom home with a portion of the purchase financed through an existing underlying mortgage at just 2.89%—a feature that is especially noteworthy in today’s interest-rate environment.