1000 NEW JERSEY AVENUE SE #1224, WASHINGTON, DC 20003

$495,000

Experience the best of Navy Yard living in this sophisticated residence at Capitol Hill Tower with garage parking! One of the most attractive features of Capitol Hill Tower is the underlying mortgage balance of approximately $145k at an exceptionally low 2.89% interest rate. By assuming this mortgage, a buyer can… Read More effectively reduce the amount requiring conventional financing, resulting in significant monthly savings.a0;Keep reading for more details.a0; This beautifully appointed home offers the perfect blend of style, comfort, and urban convenience. The open-concept floor plan is highlighted by soaring 10-foot ceilings, hardwood flooring throughout, and dramatic floor-to-ceiling windows that fill the space with natural light. Step outside to your private west-facing balcony overlooking the beautifully landscaped interior courtyard. The kitchen is designed to impress, featuring stainless steel appliances, gas cooking, abundant cabinetry, and generous prep space for everyday living and entertaining alike. The spacious living and dining areas flow seamlessly together, creating a bright and inviting atmosphere. Both bedrooms are generously sized and feature large walk-in closets, whilea0;aa0;well-appointeda0; dual-entrya0;bathrooma0;provides comfort and convenience. An in-unit washer and dryer further enhance the home's effortless lifestyle. The all-in monthly co-op fee of $1,609 includes the underlying mortgage payment ($670/month on the $146k balance at 2.89%), association dues ($632/month), and property taxes ($307/month).a0; The unit also includes a parking license for one garage parking space, subject to a monthly maintenance fee of $99.47,a0;directly to the garage operator.a0; Only a 10% minimum down payment is required, and that 10% is calculated only on the difference between the list price and the underlying mortgage balance. For example, with a list price ofa0;$495,000a0;and an underlying mortgage ofa0;$145,000, the minimum down payment would be 10% of thea0;$350,000a0;difference, which equalsa0;$35,000.a0;That creates a significant upfront savings compared to a traditional purchase, especially when combined with thea0;2.89% interest ratea0;on the underlying mortgage balance. Even more appealing, Capitol Hill Tower has no rental restrictions beyond a six-month minimum lease term, making this a rare investor- friendly opportunity. Residents enjoy an exceptional full-service lifestyle with a 24-hour concierge, newly renovated fitness center, indoor pool and spa, stylish resident lounge and club room, and a beautifully landscaped courtyard complete with water features, gas grills, and multiple gathering spaces. Additional conveniences include an on-site Sweetgreen and a complimentary Starbucks coffee bar. Recently updated hallways and common areas provide a fresh, modern aesthetic without the premium price tag of new construction. The location is second to none. Just one block from Metro and Whole Foods, and only two blocks from Yards Park, Harris Teeter, Vida Fitness, and some of the city's best dining, shopping, and nightlife, this home places the very best of Washington, DC, right outside your door. Read Less

Courtesy of Andrew A Peers, Compass 703-310-6111

Listing Snapshot

Days Online

Last Updated

Jun 26, 2026

Property Type

Condominium

Beds

Full Baths

Square Ft.

823

Year Built

2006

MLS Number

DCDC2269480

Additional Details

Appliances & Equipment

Disposal, Dryer, Oven/Range - Gas, Refrigerator, Dishwasher, Built-In Microwave, Stainless Steel Appliances, Washer, Washer/Dryer Stacked

Building

Built in 2006, Living area: 823, Levels: 1, Entry level: 12, Construction Materials: Brick

Cooling

Central A/C

Accessibility Features

Elevator

Exterior Features

Patio/Porch Features: Balcony, BBQ Grill, Extensive Hardscape, Water Fountains

Floors

Hardwood

Garage

1 spaces

Heating

Forced Air

Home Owner's Association

Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Taxes, Trash, Underlying Mortgage, Water, Amenities: Bar/Lounge, Billiard Room, Common Grounds, Concierge, Elevator, Exercise Room, Hot tub, Meeting Room, Newspaper Service, Party Room, Pool - Indoor, Spa, Fitness Center, Swimming Pool

Interior Features

Kitchen - Gourmet, Combination Dining/Living, Breakfast Area, Wood Floors, Window Treatments, Floor Plan - Open, Bathroom - Tub Shower, Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Walk-in Closet(s)

Parking

Secure Parking, Unassigned

Pets Policy

Allowed: Cats OK, Dogs OK

Property

Excellent, Other structures: Above Grade

Security Features

Desk in Lobby, Doorman, 24 hour security, Exterior Cameras, Fire Detection System, Intercom, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s)

Sewer

Public Sewer

Taxes

Year: 2025, Zoning: D-5

Utilities

Water Source: Public

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