Three of these new condos, have only a few units still on the market: 555, Capital Hill Tower and Matrix - these condos are located in the District.
555 Mass Ave.
This is one of the latest addition to the already crowded field of new condos built around the triangle - in Mount Vernon off Mass. Avenue.
I was told that there's no builders incentives here, because they said that "..they're selling the remaining condos at rock bottom prices!" Okay. You can see the prices below and compare it to some other new condos in the hood. The building has 246 condo units with 7 units still available, a combination of 1BR with 2B condos.
Features include, floor plans with high ceilings, granite countertops, hardwood floors, full size W&D, and oversized windows. All homes are already wired for high speed Internet.
The 1 BR condos priced from $349,000 - $355,000 for the smallest unit with 680 s.f. of living space to 711 s.f. While the 2 BR condos are priced from the low $469,900. The one 2 BR with a view of Monument is priced at $569,900. The 2 BR comes with *a* parking space.
Capitol Hill Tower
Capitol Hill Tower is a TOD (transit-oriented-development) and a co-op. It is not a condo! Across the street from Navy Metro. Don't let the sales representative talk you into believing -- that co-op form of ownership -- is better than condo!
We have only a number of co-op (short name for Co-Operatives) mostly in DC and a few in No.Va. There are some differences between the two form of ownerships: condo vs. co-op. The risk of owning a co-op come later one day down the road, when the times come that you want to sell it: The financing part of it. Yes, there are lenders ready and willing to financed the deal, but the numbers are limited. The explanation on their website, the so called "revealing the truth" ..should be taken with a grain of salt.
Though, the prices seemed low but, when you added the co-op fee (that includes tax, part of the mortgage payment) - the monthly payment won't be that low. The monthly co-op include your property tax payment plus- the your pro-rata share of the mortgage for the building. That's right.
Co-op features include, maple hardwood flooring, W&D, granite countertops in your kitchen, maple cabinets, There are 1BR and 2BR coops still available, priced from $310,000 for the 1BR to $450,000 for the 2BR units.
The theme of this condo probably comes from the movie the Matrix. When you preview each of the 4 available units in this building, you'll see the steel briefcase in the kitchen. Cool, huh? The building is located on14th Street corridor - blocks from the busy U Street corridor. This is a mix-use building condo-retail.
Condo features include, hardwood flooring, 9' to 11' concrete ceilings in living areas, large windows (floor-to-ceilings), track & recessed lighting, energy efficient heat and AC system, pre-wired for high speed Internet access and roof terrace overlooking DC neighborhoods. Though, the square footage of each unit is rather compact (read: small), because of high ceilings, you don't feel the smallness of the room. The plus here -- is the energy efficient appliances -- such as front-loading washer & dryer, heat and AC. By using these appliances will help you cut your monthly utility bills.
The 1 BR loft with 1.5 BA is priced from $499,900 to $519,900. The units come with 2 year leased off-site parking. The only one unit of which price includes parking space, is the 2 BR condo priced at $669,900.
You have a little bit more flexibility at this new condominium. The total number of condo units is 465 for the East and West buildings, and yet they still have to move about 145 more condo units. Some condos are in the East with more choices in the West building. The Eclipse is located just off Route 1 - right on the border of Arlington and Alexandria. The address is on South Glebe Road when you check the listings.
Building amenities include pool, fitness room, rooftop terrace, billiards room, plus-- you have a convenience of the newly opened Harris Teeter, restaurants, and adjacent to Potomac Yard shopping center. Every condo comes with a 42" plasma TV and is wired for high-speed Internet. Additional features include gourmet kitchen with maple cabinetry, granite countertops and stainless steel appliances.
Prices varied for the condo units. They have so many different plans, even the sales reps sometime have to refer back and forth to the master plan.
Here is an example of what type of condominiums are available:
- 1 BRs priced from the low $366,900 to $414,087 for a penthouse level unit with Center Park view (669 s.f.).
- 1BR/den priced from $419,900
- 2 BRs, are priced from low $527,900 to high $791,900 with great views of the Potomac River (1287 s.f). This one includes 2 parking spaces.
- 2BR/den starts from the upper-$600's to low-$700's
- 3 BRs, priced from $999,900 to over $1.2 million (1700 s.f.)
By the way, some of the units on the lower level (ground floor) even though the living space might be small, but because it has high ceilings 11+ ft. ceilings.. it gives you the impression that the inside space is roomy.
All of the condos above are available for immediate delivery (read: NOW).