Colonial home in Washington, DC
A Colonial home in Washington, DC, it offers 5 bedrooms and 5 bathrooms across 4,600 square feet. The Colonial styling carries through the home's design.
| Price | $2,990,000 |
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| Beds | 5 |
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| Baths | 5 |
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| Sqft | 4600 |
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| Architectural style | Colonial (81% match) |
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| Address | 3218 Newark St NW, Washington, DC 20008 |
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Why buy this home
- Confirmed Colonial architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $3M, this home is 81% above the $1.6M median for 217 similar Colonial homes in Washington, DC.
- That works out to $650 per square foot, 19% above the $544 comparable rate.
- On the market 23 days.
| This home | $2,990,000 |
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| Colonial median in Washington, DC | $1,650,000 (217 homes) |
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| Price per sq ft | $650 vs. $544 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $18,908/month with 20% down at a 7.28% 30-year fixed rate. You would need about $810,337 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $16,366/mo |
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| Property tax (new-buyer reassessed rate) | $1,420/mo |
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| Homeowners insurance | $1,121/mo |
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| Total monthly | $18,908/mo |
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| Down payment (20%) | $598,000 |
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| Income needed | $810,337/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home F (35 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | F (35/100) |
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| Beats renting in | 2% of modeled paths |
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| Modeled 5-yr equity (median) | $927,903 |
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| Range (10th to 90th pct) | $423,661 to $1,529,231 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Washington, DC where local data is thin.
Local home values
Typical home values in Washington, DC have risen about 13% over the past 5 years (+0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Zillow