3001 Veazey Terrace NW #1224

Washington, DC – Offered at $269,000

This updated, airy, junior one-bedroom cooperative in Forest Hills is the perfect city home. The spacious living room easily accommodates a dining table as well as entertaining spaces. The bedroom alcove can be closed off with sliding Japanese shoji screens. With parking as well as easy access to mass transit, you can take advantage of all the city has to offer. This is a tremendous mix of features at a very reasonable price.

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Remodeled Kitchen

Maple cabinetry with metal pulls
Frigidaire gas stove, GE refrigerator, GE dishwasher, Hotpoint microwave
Laminate countertops
Stainless steel sink with disposal

Living/Dining Areas

Bright south-western exposure with floor to ceiling windows and sliding door to balcony
Ceiling fan with light over dining area
Parquet floors

Bedroom Area

Shoji screens to create private space
Large walk-in closet with shelving
Parquet floors

Updated Bathroom

White vanity with integrated sink
Soaking tub
Tile flooring and surround

Location

Convenient Forest Hills location close to metro, a supermarket and parklands

Other

Large entry closet and linen closet
Underground parking spot
Additional storage in building
Coop fee includes utilities and taxes.
24 hour front desk and doorman
Guest parking
Fitness center, library, and laundry room

Legal and other

Coop fee ($1,064) includes utilities, professional management, on-site staff, master insurance, reserves, taxes and debt servicing on underlying mortgage ($30,200 as of January 2008).

Additional information

Seller reserves right to accept or reject any offer. Preference will be given to offers that contain a minimum of contingencies. Dan Melman represents the seller in this transaction.

3001 Veazey Terrace NW #1224 - Financing Example
	10% down	20% down
Purchase Price	$269,000	$269,000
Assumption of Underlying Mtg	$30,200	$30,200
Down Payment	$23,880	$47,760
Financed Balance	$214,920	$191,040

Rate (30 year fixed rate)	5.5%	5.5%
Term (months)	360	360

Monthly principle and interest	$1,220	$1,085
Co-op Fee - Underlying Mtg	$403	$403
Co-op Fee - Maintenance/Operations	$610	$610
Co-op Fee - Taxes	$50	$50
Utilities	Included	Included
PMI	To be determined	Not Applicable
Estimated monthly carrying costs	$2,283	$2,148

Loans, interest rates and terms are subject to continued availability and credit approval. This example is included for information purposes only. Preliminary information provided by Art Garza at Bank of America (202.624.4065, art.garza@bankofamerica.com). Please consult with your lender, or ask for our lender referral list, to obtain a loan commitment.