1000 NEW JERSEY AVENUE SE

$196, 500 is the true price for this unit. See detailed explanation below.Luxury living in "Hot" Navy Yard! Sunny, southern-facing Jr 1 BR. This home features high ceilings and wood floors throughout. The open kitchen boasts granite counters and stainless appliances. You'll appreciate the large walk-in closet and convenient washer and dryer in unit. This is a smart purchase whether as a home, pied-a-terre or investment property and it can come completely furnished, or not. The building is pet friendly and also investor friendly with 6 month mininum lease. Only a 10% down payment is required. Capitol Hill Towers amenities include a 24-hour concierge, expansive Fitness Center, Indoor Pool & hot tub for year-round enjoyment, contemporary resident lounge and club room for entertaining, a manicured courtyard complete with gas grills and multiple dining/seating areas, and a complimentary Starbucks coffee bar. The location is unbeatable- mere blocks to Whole Foods, Nationals Park, Navy Yard Metro station, Yards Park, Restaurant Chloe, District Winery, Albi, The AC Hotel, Smoke and Mirrors, and many more restaurants and amenities. Recent renovations to resident hallways & common areas provide all the benefits and aesthetic of a brand new building! While the financials are structured differently than a condo, the monthly total is the same or less than a condo of the same price. Deduct $113, 500 from the sales price for the underlying mortgage; you only pay/finance $196, 500! ALL PROPERTY TAXES are also paid through the Co-op. Total monthly payment to Co-op is $1, 136 = ($438 for Association Fee, $487 for mortgage payment (on the $113, 500), $211 for property taxes). Look through the photos for floor plans.