October 2015 RSS Feed

Found 7 blog entries for October 2015.

Lincoln Park Terrace

Living room #206


Check out our newest listing! The Lincoln Park Terrace Condominium has the best combination of amenities, age and location! The building was constructed from the ground up in 2007 and has been well-maintained. The lobby and halls have character and elegance. The building includes an elevator, disability access, a large roof deck and underground parking garage complete with bike storage and individual owner storage lockers. The building is secured at the entrance by a key fob. The property has its own well-landscaped courtyard and backs up to Kingsman Field Park. A dog park has been a recent addition to the neighborhood on the far side of the park. The building is pet friendly too!

#206 looks out over the well-landscaped courtyard and is far…

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Don't let your dog miss out! This coming Saturday the Columbia Heights Halloween Dog Costume Contest is happening again. Even if you are not a dog owner, it is a very entertaining spectacle. October 31st at 5:45PM dogs of all sizes, breeds and colors are encouraged to strut their stuff in their best Halloween costume at 11th St NW and Park St NW. Support the 11th and Bark Dog Park nonprofit and maybe win one of the following contests: Owner & Dog Combo, Most Original, Spookiest and of course the Cutest.

It is a great effort by the 11th and Bark Dog Park nonprofit to establish such a great community event. You will be sure to see people of all ages and plenty of furry friends. This is a great opportunity to meet fellow dog lovers of the Columbia Heights…

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We have a light-filled, clean, open-concept condo for rent on the top floor of a 4-unit building. 612 14th Place NE #3 has one bedroom, one bathroom, and contains 554 square feet. This condo is located on a beautiful tree-lined street. There are several great features, including: 

Spacious balcony
Slomin's security system
Dedicated parking space
Bamboo floors
In-unit washer and dryer
Central air-conditioning
Jacuzzi tub
Stainless steel appliances
Jenn-Air gas stove including grill
High ceilings and skylight
Granite kitchen and bathroom countertops

This condo is located three blocks from H Street NE and Atlas District bars, restaurants, and shops. Nearby transit includes Union Station (red line) and Potomac Ave. and Eastern Market (blue/orange/silver line) Metro…

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Are you in the market to buy a home in Washington, DC? You may have heard of some of the many programs, lending options, and tax benefits that exist in the market today. To name a few: DC Opens Doors, Loan Programs for Teachers, and the Down Payment Assistance Program. You may have even heard of first-time home buyer tax benefits in the past, but they have not been renewed or implemented for years.

As recently as 2011, there was a DC first-time home buyer tax credit in place that reduced the buyer's recordation tax by 50 percent. This credit saved many first-time home buyers thousands of dollars. There may be good news on the horizon for first-time buyers in DC. On October 6th, a few DC council members proposed a new first-time home buyer tax…

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Our top five reasons to buy now! 

Affordability:  Loan rates have been locked in by buyers as low as 4% in the past month.  Interest rates have climbed from around 3.5% last year to an average of 4.25% right now, and are predicted to continue to slowly climb.

It’s a better investment than renting:  The average rent per one bedroom is $1,850 in a neighborhood like Adams Morgan. The average sales price in that neighborhood is $578,774.00  With a 4% interest rate on a conventional loan and putting 20% down, the monthly mortgage payment is $2,210.41. The year-over-year increase in sales price is 20% in that neighborhood! If sales continue on that trend the same home could be sold for $694,528.80 next year.

Long-term growth potential:  The…

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We’ve been watching The Wharf project here at Capital Park Realty for some time now. Check out this blog, and this one, from back when the project first broke ground more than two years ago. The $2 billion, 27-acre construction project down on the Southwest Waterfront currently looks like a big hole in the ground along the Washington Channel, but Phase I is still on pace to be completed in the fall of 2017. If you head down there, you will see more than a dozen cranes at work in the area. The first residential building, which is technically not part of The Wharf but located at the south end of it, is 525 Water, which is scheduled to open in 2016. VIO will be the first official Wharf residential building and will open in 2017. There seem to be updates…
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 Proud Home Owner

One of the best parts of working with buyers in real estate is seeing the transformation in your client. They go from motivated to find an investment to excited about a specific listing, then determined to get it to contract, and finally excited again at the settlement table.  The changes don't stop there! We frequently hear from clients about the improvements they have made to the properties they have purchased.  As a buyer you can dream big, but HGTV makes it look much easier than it is in real life.  I was recently invited to a client's home in Cathedral Heights, where he purchased about six months ago.  He had, and still has, many renovation projects in mind for his flat, but what he has already accomplished is very impressive. Take a look at the…

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