52 N MONASTERY AVENUE, Baltimore, MD 21229

$249,900 Asking Price

4 beds
4 baths
1,395  sqft
Built in 1915

The Broadmoor is a famous property. Metro's in the next block. Best location in DC--it can't be beat. And this studio is the least expensive way to enjoy it, whether you want a home, office, retreat, art studio, part-time lodging...If you stay regularly in Washington, why not have your own Cleveland Park lodging (with kitchen and concierge services) always available and with your own stuff for $355.82/mo, unlike hotel rooms. That $355.82 includes TAXES ($68.50) AND FEES ($287.32)--also heat, hot water, gas, and a small underlying mortgage payment.). Payment on this underlying mortgage is in the maintenance fees, so it is subtracted from the price at closing. Right now, at the $215,000 price, you'd pay only about $209,100 at closing and you'd pay off about $5,900 in the $355.82 monthly maintenance fee. You'll see Cleveland Park studios that have higher fees and are less desirable but that cost more. The Broadmoor is a safe and comfy full-service famous deluxe building with a 24/7 concierge front desk and security, gym/fitness center, guest rooms, party rooms, quick on-site maintenance and management, 5 beautiful acres on Rock Creek Park, huge beautiful renovated 1928 interior (hardwood and tile floors, high ceilings, 2-story lobby, commons, library, 1920's bar, pre-war details), group activities provided for residents. Wine cellar, garage, electric car charger, storage, and locked bike room are available at additional cost. The Broadmoor is so walkable: Adas Israel 30 feet, Metro next block, bus lines, restaurants, groceries, banks, CVS, farmers' market, beauty salons, spa, stores, repairs, library, PO, services.... Owner lost 12 pounds in first weeks because she walked everywhere she used to drive. Broadmoor studios are rarely for sale, especially upper-floor, bigger ones like this one. It has 3 QUIET rooms: big pre-war 1928 bedroom and bathroom plus a tiny kitchen, 2 big 1928 closets, a sunny quiet park view, birdsong, bathroom window, oak floors, high ceilings, plus upgraded windows, breaker box, and bathroom. Can't beat it! - CLOSING PAYMENT IS $215000 MINUS ABOUT $5,900 IN AN UNDERLYING MORTGAGE THAT IS PAID FROM THE CO-OP FEES, SO YOU PAY ABOUT $209,100 AT CLOSING PLUS $355.82 ($68.50 TAXES PLUS $287.32 FEES) PER MONTH--ABOUT $1500/MONTH WITH A MORTGAGE-->MUCH LESS THAN RENT.


Features & Amenities

Interior

General:
Breakfast Area
Appliances:
Dishwasher,Microwave,Oven/Range - Electric,Range Hood,Stainless Steel Appliances,Washer/Dryer Hookups Only,Water Heater
Flooring:
Ceramic Tile,Laminate Plank
A/C:
Central A/C
Heating:
Y, Heat Pump - Electric BackUp,Heat Pump(s), Electric
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
A-Frame

Construction

Roofing:
Other
General:
Frame,Concrete,Vinyl Siding, 2, Other

Location

Originating MLS:
BRIGHT_MAIN
School District:
BALTIMORE CITY PUBLIC SCHOOLS
County:
BALTIMORE CITY

Lot

Zoning:
R-6, 0320182249A047
Current Use:
R

Utilities

Water:
Public
Sewer:
No Septic System

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Jorge A. Zea, Jorge Zea

About Baltimore, MD

Housing

Number of Units
284,895
Median Home Value
$218,468
Median Rent
$999

51.54% of housing units are renter occupied.

14.31% are vacant.

Commute

Car
56.64%
Public Transportation
12.24%
Walk to Work
4.82%
Work from Home
24.63%
Other
1.00%

The median travel time to work is 26 minutes.

People

Population
593,752
Median Age
37.20
Median Household Size
2.42

Education

High School
26.02%
Associate’s Degree
4.87%
Bachelor’s Degree
19.32%
Graduate Degree
17.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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